Covenant Transport Reports Record Profits, Revenue in 3Q
Covenant Transportation Group posted record revenue and profits in the third quarter as a strong freight market drove rates higher and the company began to see benefits from its recent acquisition of Landair Holdings.
October 23, 2018President Trump Signs Water Infrastructure Law
President Donald Trump signed the Water Resources Development Act of 2018 into law Oct. 23.
October 23, 2018Imperial Logistics to Operate Volkswagen Group Packaging Center in Germany
Imperial Logistics will begin operating a new Volkswagen Group packaging center in Germany in April as part of the group’s decision to distribute parts through JadeWeserPort.
October 23, 2018Target Expands Free Delivery to Seize Market Share Opportunity
Target Corp. is expanding perks like free two-day delivery to snag as much as possible of the $100 billion in sales the company sees up for grabs from retailers that have gone under.
October 23, 2018Paul Schockemöhle Logistics' Story Familiar to American Trucking Companies
, Germany — The story of Paul Schockemöhle Logistics is one that many trucking executives in the United States would recognize. The journey traverses five decades from a small farmhouse here to becoming a multinational transportation and logistics powerhouse with a fleet of 600 trucks and revenue of between 100 and 120 million euros a year.
October 23, 2018Alliant to Acquire Hybrid Transit Systems, Expand Freight Transport Service
CEDAR RAPIDS, Iowa — Alliant Energy’s transportation subsidiary has announced plans to buy Cedar Rapids-based Hybrid Transit Systems. The acquisition will add a layer of freight transport to Alliant Energy Transportation.
October 23, 2018South Carolina DOT Program Addresses Rural Freight Needs
The South Carolina Department of Transportation has developed a program to improve mobility and facilitate freight movement on rural interstate highways.
October 23, 2018New York Port Authority Adopts GHG Plan in Support of Paris Climate Agreement
More than a year after President Donald Trump vowed to withdraw the United States from the Paris agreement on climate change, one of America’s busiest transportation systems may sign on.
October 23, 2018New Autonomous Trucking Company Ike Aims to Bring ‘Some Patience’ to Field
Ike, the latest company to emerge from stealth in the autonomous trucking world, wants to take a sober approach to developing the technology.
October 23, 2018Paccar Posts Strong 3Q Results on Truck Deliveries, Aftermarket Sales
Paccar Inc. reported a 35% jump in net income plus higher revenue for the third quarter as truck deliveries and aftermarket sales drove the results.
October 23, 2018