H.I.G. Completes Acquisition of Cardinal Logistics
Private equity firm H.I.G. Capital announced an affiliate completed the acquisition of Cardinal Logistics Holdings, a provider of dedicated transportation and logistics services in North America.
June 10, 2019Texas Champ Brent Dotts Is Ready to Compete at NTDC
The Grand Champion of the Texas Truck Driving Championships, Brent Dotts, is no stranger to competition.
June 10, 2019Amazon Pitches a Fantastic Tech Future — and Itself
Last week, Amazon.com held its first conference devoted to the technological frontiers of artificial intelligence, machine learning, robotics and space exploration. The message: The future is good, and so is Amazon’s role in it.
June 10, 2019FedEx Freight 3-Axle Ace Ritch Fundell Repeats as Illinois Grand Champion
For the second year in a row, Ritch Fundell had a grand old time at the Illinois Truck Driving Championships. Fundell, a 3-Axle ace with FedEx Freight, conquered the Pheasant Run Resort course in St. Charles on June 7-8 to earn his second straight trip to the National Truck Driving Championships.
June 10, 2019Michelin Plans to Deploy Einride’s T-Pod
Tire maker Michelin Group announced it will deploy an autonomous electric transport system, called T-Pod, from Einride beginning in 2020.
June 10, 2019Democrats Hold Out on USMCA as Trump Walks Back Mexico Tariffs
President Donald Trump’s decision not to impose tariffs on Mexico removed one obstacle for Congress to approve his North American trade deal, but his administration has more work to do to smooth the final stages of the accord’s ratification.
June 10, 2019Hundreds of Barges Stalled as Floods Hinder Midwest Supplies
Hundreds of barges are stalled on the Mississippi River, clogging the main circulatory system for a farm-belt economy battered by a relentless, record-setting string of snow, rainstorms and flooding.
June 10, 2019Chinese Imports Drop as Growing Tensions With US Cloud Trade
China’s imports tumbled in May and a surprise rise in exports wasn’t enough to dispel concerns that the economic dispute with the U.S. will intensify and damage the global economy.
June 10, 2019Truck-Lite Completes Acquisition of TrackPoint
Truck-Lite Co. has completed the acquisition of TrackPoint Systems, a supplier of asset-management solutions to the transportation, utility, construction, oil field and government sectors.
June 10, 2019Penske Logistics Opens Refrigerated Warehouse for Kroger
Penske Logistics has opened a 606,000-square-foot refrigerated distribution center in Romulus, Mich.
June 10, 2019