Capitol Agenda for the Week of Nov. 12: Honoring Those Who Served Our Nation
Robbie Roth of FedEx Freight knows well the bonds that are created by serving in the military and working in the trucking industry.
November 13, 2018Diesel Slips 2.1 Cents to $3.317 a Gallon Amid Oil’s Steep Drop
The U.S. average retail price of diesel dropped 2.1 cents to $3.317 a gallon Nov. 13 as the price of West Texas Intermediate crude oil fell to an 11-month low.
November 13, 2018Phillips Industries Cites 600% Growth in Electrical Harness Unit After Mexican Expansion
Phillips Industries’ electrical harness division, which expanded into Coahuila, Mexico, 10 years ago, has experienced 600% growth since expanding production of electrical harnesses into Mexico in 2008, according to the Santa Fe Springs, Calif., company.
November 13, 2018EPA Plans to Review Nitrogen Oxide Emissions Standard for Heavy Trucks
WASHINGTON — U.S. Environmental Protection Agency officials announced Nov. 13 they have begun an environmental review to reduce nitrogen oxide emissions from heavy-duty truck engines.
November 13, 2018Idelic Raises $2 Million in Round Led by Bain Capital Ventures
Idelic, a Pittsburgh-based data and analytics platform for improving transportation industry safety, has closed a $2 million financing round, the company announced in a press release Nov. 9. The round was led by Bain Capital Ventures, with TDF Ventures and SaaS Venture Capital accompanying.
November 13, 2018Avenger Logistics Poised to Join Chattanooga’s Roster of Rapidly Growing Firms
Avenger Logistics, a freight brokerage and logistics company created in 2015 by former Gold Bond Inc. owner Don Godsey, is likely to be a top local contender on the 2019 Inc. list after growing from $9 million in sales in 2016 to more than $60 million this year. The company expects to top $100 million in sales next year.
November 13, 2018AGT Global’s Angela Eliacostas Wins Influential Woman In Trucking Award
FRISCO, Texas— Angela Eliacostas, founder and CEO of AGT Global Logistics, has won Women In Trucking Association’s Influential Woman in Trucking award.
November 13, 2018Amazon Air Takes Delivery of 40th Cargo Plane
Amazon.com on Nov. 12 took delivery of the 40th and final plane in a lease deal for its expanding air-cargo operation. More may be on the way. A senior executive at an aircraft lessor said Amazon was shopping around for more Boeing 767 freighters and had put out a request for proposals for an additional six jets earlier this year.
November 13, 2018VW, Daimler and BMW Brace for Tariffs
Investors in European carmakers are once again facing months of share volatility after the U.S. circulated a draft report on tariffs and European Commission President Jean-Claude Juncker signaled a cease-fire in the looming trade war may soon come to an end.
November 13, 2018VTNA, Trimble to Collaborate on Fleet Management, Maintenance
Volvo Trucks North America entered into a memorandum of understanding with Trimble Transportation Enterprise to develop future transportation management and fleet maintenance products and services.
November 13, 2018