New York City Girds for Possible Congestion-Pricing Changes
Under the plan sketched out Feb. 26, electronic-tolling devices would be installed around the district south of 61st Street by 2020, with discounts for off-peak travel. Uber Technologies Inc. is among those supporting the push for so-called congestion pricing.
February 27, 2019Lowe’s Posts Solid 4Q Results as Rival Home Depot Stumbles
It was a cold winter for Lowe’s Cos., but sales largely held up. And now, CEO Marvin Ellison said demand for home improvement goods is starting to heat up, one day after rival Home Depot Inc. reported results that fell short.
February 27, 2019ATA Among Members of New USMCA Coalition
President Donald Trump’s trade agreement with Canada and Mexico received a significant endorsement as more than 200 companies and associations representing freight and farming stakeholders urged Congress to pass the deal.
February 27, 2019Omnitracs Aims to Boost Fleet Efficiency by Migrating to ‘Cloud-Native’ Platform
DALLAS — Omnitracs has embarked on a mission to reduce wasted time and inefficiency in trucking by harnessing the latest advances in cloud computing and software design.
February 27, 2019Apax VIII to Sell Entire Stake in Insurance Broker AssuredPartners
Apax VIII, a fund advised by Apax Partners, will sell its entire stake in insurance broker AssuredPartners to an investor group led by Chicago-based private equity firm GTCR, according to AssuredPartners’ news release.
February 26, 2019TransForce Continues Expansion Trend by Acquiring USA Drivers
TransForce Inc. said it purchased regional staffing agency USA Drivers, marking the 14th acquisition for TransForce since 2013.
February 26, 2019Lineage Logistics Buys Preferred Freezer Services
Refrigerated storage company Lineage Logistics of Novi, Mich., said it has agreed to purchase Preferred Freezer Services, a network of temperature-controlled cold storage warehouses based in Chatham, N.J.
February 26, 2019TravelCenters of America Reports Mixed 4Q, Annual Results
TravelCenters of America, the nation’s only publicly traded truck stop network, reported a narrowed loss in fourth-quarter net income but an increase in revenue.
February 26, 2019Grocery Delivery Helps Costco Edge Amazon in Consumer Satisfaction Survey
Costco Wholesale Corp. may be a latecomer to e-commerce, but consumers love it even more than Amazon.com, according to a customer satisfaction survey released Feb. 26.
February 26, 2019Autonomous Advancements Present Opportunities for Drivers, Experts Say
SAN DIEGO — Autonomous mobility experts said that the technology can open up new opportunities for drivers, noting that as progress on greater levels of automation expands over time, drivers will have chances to capitalize on that change.
February 26, 2019