Dresdner Robin Completes Work on $25 Million Baldor Foods Expansion
Dresdner Robin, a Jersey City, N.J.-based land use consultancy, has finished work on a $25 million expansion at the Bronx headquarters of Baldor Specialty Foods.
November 5, 2018Transportation Tech Firm Cubic Adds Trafficware to Portfolio
Transportation technology provider Cubic Corp. has acquired Sugar Land, Texas-based Trafficware for about $235.7 million in cash, according to an Oct. 24 statement.
November 5, 2018Connecticut Infrastructure Earns C- From ASCE
Connecticut has earned a C- on the American Society of Civil Engineers’ most recent infrastructure report card.
November 5, 2018Services Firms’ Growth Slipped in October
WASHINGTON — U.S. services firms expanded at a slightly slower rate in October, after achieving a record pace in September in a sign of the economy’s strength and endurance.
November 5, 2018United Rentals Agrees to Acquire BlueLine Rental
United Rentals Inc. has agreed to purchase BlueLine Rental, a construction equipment rental business based in The Woodlands, Texas, from Platinum Equity for $2.1 billion in cash.
November 5, 2018Nikola to Expand Into Europe With Hydrogen-Electric Tre
Nikola Motor Co. announced it would begin production within five years in Europe of a heavy-duty, hydrogen-electric truck designed to be compatible with full autonomy as it expands its business beyond North America.
November 5, 2018FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity
FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.
November 5, 2018FMCSA Grants Concrete Group HOS Exemption
The American Concrete Pumping Association has become the latest group whose request for exemption from certain hours-of-service rules was honored by the Federal Motor Carrier Safety Administration.
November 5, 2018Oil Trades Near Six-Month Low as Fears of a Shortage Subside
Oil traded near a six-month low as the prospects of a tight global market at the end of the year further receded after the U.S. softened the restart of sanctions against Iran.
November 5, 2018Amazon Offers Free Holiday Shipping to Compete With Target
Amazon says it will offer customers free shipping on orders delivered through Christmas regardless of whether they are members of the Prime membership program, a move that comes two weeks after rival Target undercut the company with its own free-shipping offer.
November 5, 2018