CHINESE STATE COMPANY UNVEIL WORLD’S LARGEST SEAPLANE

China has completed production of the world’s largest amphibious aircraft, state media has said, the latest effort in the country’s program to wean itself off dependence on foreign aviation firms. The state-owned Aviation Industry Corporation of China (AVIC) unveiled the first of the new planes, dubbed the AG600, Saturday in the southern port city of Zhuhai, the official Xinhua news […]

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DEATH TOLL RISES IN ITALY TRAIN CRASH

At least 10 people were killed Tuesday in a head-on collision between two trains in the southern Italian region of Puglia, fire service officials said. Footage showed emergency services racing to extract people from the wreckage of smashed carriages thrown across a single track near the town of Andria, near Bari. The chief of the firefighting service in Bari said […]

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FEDEX TO SETTLE DRIVER LAWSUITS IN 20 AMERICAN STATES FOR $240 MILLION

FedEx Ground Package System Inc. has agreed to pay drivers in 20 states $240 million to settle lawsuits claiming the second-largest U.S. parcel delivery company misclassified them as independent contractors, it said on June 16. The settlement, if approved, would be divided among 12,000 drivers, some of whom would receive tens of thousands of dollars, Beth Ross, lead lawyer for […]

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SETTING A RECORD-BREAKING PACE: TRUCKING IN AMERICA TOPS $700 BILLION IN REVENUE FOR FIRST TIME

In 2014, trucking brought in over $700 billion — the highest revenue ever for the industry, according to an American Trucking Associations report. The report, American Trucking Trends, compiled data on the trucking industry’s size and performance. In it, ATA found that the $700.4 billion generated by trucking last year accounted for 80.3% of all freight transportation spending.

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