Americold Posts 3Q Profit
Global warehouse operator Americold reported net income of $24.5 million, or 17 cents a share, in the third quarter, compared with a net loss of $11.9 million, or 17 cents a share, in the same period a year ago. Revenue increased 3.2% to $402 million in 2018 from $389.5 million in 2017.
November 9, 2018Love’s Opens Travel Stop Near Oklahoma City
Love’s Travel Stops & Country Stores added 95 truck parking spots in Oklahoma with the opening of a facility in El Reno on Nov. 8, according to a company press release. The 11,000-square-foot location about 27 miles outside Oklahoma City also created 50 jobs.
November 9, 2018The Analytical Dilemma
Does “old school” detective work still have a part in fleet maintenance programs today? TMC Technical Director Jack Legler gives his answer.
November 9, 2018Radiant Logistics Reports Positive Results in Fiscal 1Q
Radiant Logistics reported strong gains in profits and net revenue in the three months ended Sept. 30 as the Bellevue, Wash.-based company saw a broad-based improvement in its international freight forwarding, truck and rail brokerage, warehousing and supply chain management business in the United States and Canada.
November 9, 2018Keystone XL Ruling Comes as Canada Faces Pipeline Capacity Crunch
A Montana federal judge’s ruling that threatens to further delay TransCanada Corp.’s Keystone XL pipeline comes at one of the worst possible times for the Canadian oil industry.
November 9, 2018Former Great Dane Executive Charles Fetz Dies at 60
Charles Fetz, a former vice president of design and development at Great Dane whose efforts led to several product innovations at the trailer maker, died unexpectedly at home Oct. 25. He was 60.
November 9, 2018Wholesale Prices Jump 0.6%, Most in Six Years
WASHINGTON — U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food and chemicals. The Labor Department said Nov. 9 that the producer price index — which measures price increases before they reach the consumer — leapt 0.6% in October, after a smaller 0.2% rise in September.
November 9, 2018Indiana DOT Announces $100 Million for Local Roads
The Indiana Department of Transportation is dividing $100 million across 283 cities, towns and counties for local road projects.
November 9, 2018Editorial: Infrastructure: Let’s Make A Deal
With the midterm elections settled, now is an excellent time to begin working on legislation to fund the nation’s crumbling infrastructure.
November 8, 2018Top Lithium Miner Forced to Stay Nimble in Fickle Battery Market
Albemarle Corp., the world’s largest lithium producer, is planning to expand production in Australia, chasing the market for a form of the metal increasingly being used by the makers of electric car batteries.
November 8, 2018