United Road Services, Carlyle Group Buy Fleet Car Carriers
United Road Services has joined with The Carlyle Group and other investors to acquire Colorado-based Fleet Car Carriers.
December 28, 2018Willson International Expands Into Alberta
Willson International, a fourth-generation, family-owned-and-operated logistics company based in the Toronto area, has expanded westward and added brokerage and logistics account executives servicing Edmonton and Calgary, Alberta.
December 28, 2018Amid an Export Boom, the US Is Still Importing Natural Gas
The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting new imports. A tanker with fuel from Nigeria is sitting near the Cove Point import terminal in Maryland, while a second ship with Russian gas is idling outside Boston Harbor.
December 28, 2018Aterian Acquires Xpress Global Systems
Aterian Investment Partners, a private investment firm, said it has acquired Xpress Global Systems.
December 28, 2018India Crackdown on Amazon, Walmart Seen Hurting Online Shoppers
India’s new rules for foreign e-commerce platforms may be designed to protect local companies from Amazon.com and Walmart Inc., but consumers are likely to suffer the collateral damage.
December 28, 2018Texas Job Growth to Take Hit if Oil Rout Drags On, Fed Says
Job growth in the Lone Star State will likely weaken in the first half of 2019 if oil prices remain at current levels, according to the Federal Reserve Bank of Dallas.
December 28, 2018FMCSA OKs Stoneridge Camera System as Alternative to Mirrors
The Federal Motor Carrier Safety Administration on Dec. 26 announced it has issued a five-year exemption to Stoneridge Inc. to allow its aftermarket MirrorEye mirrorless digital camera and sensor system to be installed on trucks and motorcoaches as an alternative to traditional mirrors.
December 28, 2018U.S. 301 Toll Road Through Middletown, Del., Nearly Ready
The Delaware Department of Transportation is putting the finishing touches on the new U.S. 301 toll road through Middletown, but the opening date isn’t set in concrete.
December 28, 2018Tesla Adds Larry Ellison, Kathleen Wilson-Thompson to Board in SEC Deal
Tesla Inc. added Larry Ellison and Kathleen Wilson-Thompson to its board, fulfilling the terms of the settlement reached with U.S. securities regulators over its CEO’s problematic posts about taking the company private.
December 28, 2018TransForce Inc. Acquires Hire Edge Logistics Personnel
TransForce Inc., a recruiting and employment provider specializing in finding commercial truck drivers, has acquired Hire Edge Logistics Personnel, a regional staffing agency for trucking industries in the Northeast and Mid-Atlantic regions.
December 27, 2018