FTC Requires Marathon to Sell Stores to Avoid Antitrust
The Federal Trade Commission is requiring Marathon to sell five New York convenience stores to settle charges that its proposed acquisition of Express Mart would violate federal antitrust laws.
October 31, 2018Wabash Posts Mixed Earnings as Backlog Sets Record
Trailer maker Wabash National Corp. posted its second-highest revenue ever in the third quarter, but the news wasn’t all good.
October 31, 2018Two Investment Firms Acquire Anderson Cargo Services
Two private equity investment firms have come together to acquire Anderson Cargo Services, a St. Paul, Minn.-based logistics firm.
October 31, 2018Movers Group Supports ATA’s Petition on California’s Meal, Rest Breaks
California’s meal-and-rest-break requirements hinder interstate commerce and cause inefficiency industrywide, the American Moving & Storage Association emphasized in a show of support for American Trucking Associations’ petition to federal trucking regulators.
October 31, 2018C.H. Robinson Reports Growth in Revenue, Profits in Third Quarter
C.H. Robinson Worldwide posted strong growth in revenue and profits in the third quarter, helped by a lower tax rate and increased pricing in a capacity-constrained freight market.
October 31, 2018Companies Add More Workers Than Forecast
Companies in October added the highest number of workers in eight months to U.S. payrolls, topping estimates and signaling the job market remains solid, according to data released Oct. 31 from the ADP Research Institute in Roseland, N.J.
October 31, 2018Canadian Producers Turn to Oil Trucks as Supply Glut Grows
Tanker trucks laden with oil are journeying almost 500 miles to pipeline and rail terminals. It’s a phenomenon that Ken Boettcher, president of Three Star Trucking Ltd. in Alida, Saskatchewan, started to see three or four months ago when oil shippers around Kindersley, near the Alberta border, began requesting trucks to move their crude, in some cases, as far south as North Dakota.
October 31, 2018FourKites Adds ‘Predictive’ Load Matching Service
FourKites, a load tracking firm, is tapping a former UberFreight executive to head up a new service offering predictive capacity management to shippers and carriers.
October 31, 2018Barry Pottle Completes Climb From Cab to Chairman's Seat
BANGOR, Maine — The story of how Barry Pottle rescued his longtime family enterprise is a testament to the determination and business acumen of the tall, soft-spoken, thoughtful man with an encyclopedic knowledge of trucking who has risen to become ATA chairman.
October 30, 2018Outgoing ATA Chairman Dave Manning Reflects on his Year as the Face of Trucking
AUSTIN, Texas — Over the past year Dave Manning, the immediate past chairman of American Trucking Associations, has walked in the White House Rose Garden, rubbed elbows with members of Congress, racked up a hefty airline travel-point balance, and even watched the Supreme Court in action. But his greatest memories, he said, were meeting with the trucking industry’s hard-working, passionate people who occupy offices, workshops and truck cabs nationwide.
October 30, 2018