Industry News

M and A Navigator: Deal pipeline 17 October
USA Truck, a capacity solutions provider headquartered in Van Buren, is boosting pay for independent contractors. The carrier's Independent Contractor Compensation Program provides an improved mileage rate program for all new independent contractors, a news release states. Effective Oct. 1, rates were revised to $1.02 to $1.35 per mile, depending on length of haul."/>
Business Brief: USA Truck ups pay for independent contractors [Times Record, Fort Smith, Ark.]
ArcBest company, has been recognized as a Top 100 Motor Freight Carrier by Inbound Logistics magazine, whose September issue features a list of 100 trucking leaders that offer the diverse operational capabilities and experience to meet its readers' unique supply chain and logistics needs. "Inbound Logistics provides the Top 100 Trucker list as a service to its readers, and we are proud that ABF Freight was once again selected by the editorial team," said ABF..."/>
Business Brief: ABF Freight named Top 100 Motor Freight Carrier [Times Record, Fort Smith, Ark.]
The Sacramento Bee Cathie Anderson column [The Sacramento Bee]
Business notebook: 10-16 [The Blade, Toledo, Ohio]
Detroit Free Press Mark Phelan column [Detroit Free Press]
Whirlpool Corp.' s huge oven-making plant, built only four years ago and now Bradley County's largest employer. "It's impressive," said the retired president of Maytag Corp., which Whirlpool bought out in 2006. "The most important thing is that they stayed here. They could have gone to Guatemala or Mexico. ""/>
Whirlpool's decision to stay in U.S. has helped make it one of the Chattanooga area's key companies [Chattanooga Times Free Press, Tenn.]
Engineers India Ltd and Gazprom PJSC--to jointly study and prepare a blueprint for laying a gas pipeline between the two countries, said an oil ministry statement in New Delhi. The move is part of India's plan to enhance the use of natural gas in its energy mix and to increase trade with Russia, for which an international North-South transport corridor is also under implementation."/>
Engineers India, Gazprom to prepare India-Russia gas pipeline blueprint [Mint, New Delhi]
EasyJet– blowing a hole in their profits. Sterling's slide– it is down 18 pc against the dollar and 15 pc against the euro– also threatens to put British families off travelling abroad at a time of heightened awareness over..."/>
Airlines braced for Transatlantic war on fares [Daily Mail, London]

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