TFI International Acquires Schilli, Toronto Tank Lines
TFI International Inc., one of the largest trucking and logistics companies in the United States and Canada, is making moves in the tanker business, snapping up two trucking companies in February.
March 6, 2019Senate Commerce Panel Chief Roger Wicker Critical of Green New Deal
Add Sen. Roger Wicker to the list of senior Republicans coming out against Democrats’ ambitious progressive environmental policy manifesto referred to as the Green New Deal.
March 5, 2019Maryland, CSX Apply Again for Federal Funding for Baltimore Tunnel Project
Maryland and CSX Transportation have submitted another application for federal money to heighten the Howard Street Tunnel in Baltimore so it can fit shipping containers stacked two high on freight trains — a project long sought by the Port of Baltimore, officials announced March 4.
March 5, 2019Target Soars as Rosy Full-Year Outlook Follows Brisk Holiday Sales
Target Corp. jumped the most in more than two months as it followed up strong holiday sales with upbeat projections for the current year, distancing itself from the travails of mall-based department stores.
March 5, 2019Trump Plans to End Key Trade Preferences for India, Turkey
President Donald Trump announced plans to end key trade preferences for India and Turkey, in the latest move by the United States to counter what it calls unfair trade practices.
March 5, 2019Improving Infrastructure Can Cut Fuel Costs, Aid Environment, ATRI Study Finds
Just 12% of the nation’s interstate road system is causing 89% of the trucking industry’s congestion problems, and repairs to the key choke points that cause delays could reap benefits in fuel consumption and emissions reductions, the American Transportation Research Institute said.
March 5, 2019American Trailer Rental Group Expands
American Trailer Rental Group, signaling its aggressive growth strategy, has acquired Fleet Trailer Leasing in Kansas City, Kan.
March 5, 2019JPMorgan Chase: Tax Refunds Often Reset Consumers’ Finances
Refunds have averaged $3,602, and amount to the biggest incoming cash flow day of the year for 29% of recipients, according to the institute’s study of bank and credit card customer data from 2015-17, before the 2017 Republican tax law took effect.
March 5, 2019Musk Blindsided Tesla Staff With Store Wind Down, Sources Say
Tesla Inc. CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter.
March 5, 2019US Indefinitely Delays Increased Tariffs on Chinese Goods
The United States has confirmed the country is postponing “until further notice” a scheduled tariff increase on Chinese goods, the latest sign that the world’s two largest economies could be headed toward a de-escalation of their trade dispute.
March 5, 2019