Volkswagen AG’s tarnished reputation suffered another blow after its Scania unit was slapped with a 880.5 million euro ($1.03 billion) fine for fixing truck prices, a year after other members of the cartel reached a record settlement with the European Union.
September 27, 2017Government, Business, Equipment
Volkswagen’s Scania Fined $1.03 Billion by European Union for Price Fixing
TCA
Philadelphia Port Sees Growth in Cargo Imports
Containerized freight in 20- and 40-foot boxes was up 28% in the Philadelphia port in April compared with the same month a year ago, port officials said.
May 11, 2017Government
March Was a Great Month for North American Ports
Container traffic increased in March compared with 2016 levels at the top North American ports, including a strong post-Chinese New Year upswing at the two largest ports — Los Angeles and Long Beach, Calif.
April 14, 2017Business, Government
Deutsche Post Harvests Online-Shopping Boom With Record Profit
Deutsche Post AG’s third-quarter profit jumped more than threefold to a record as the mail operator shifts to tap booming shipments from Internet shopping and recovered from costs for a failed software project.
November 8, 2016Government, Business
The History of Trucking, On Display at Museums
The gleaming old trucks housed in transportation museums across the country do more than offer visitors something pretty to see; they can provide a history lesson in how far the trucking industry has come.
October 6, 2014Business, Government
Deutsche Post Earnings Beat Estimates on Parcel Business
Deutsche Post AG’s second-quarter profit beat analysts’ estimates as the German parcel business and international express unit of Europe’s largest postal company expanded.
August 5, 2014Government
Complex Legislative, Regulatory Environment Complicates European Trucking Operations
More than any other factor, legislation has defined the modern European commercial vehicle. Changes in laws regarding vehicle height and length, payload, fuel economy and emissions mean that operators and manufacturers all have to work within an increasingly inflexible legislative environment.
April 16, 2012Government
EU to Hit Truckers with Pollution, Noise Surcharges
Citing a need to reduce emissions and delays on its highways, the European Union will let member nations to charge trucks for air pollution and noise, Bloomberg reported Tuesday.
June 7, 2011