Post Capital Partners, Management Team Up to Acquire Smith Transportation Services
Smith Transportation Services, a company based in Sunrise, Fla., that specializes in “load-to-ride” service for shippers of less-than-truckload freight, is being purchased by a group of Smith’s top executives and the New York-based investment firm Post Capital Partners.
October 10, 2018Trump Lifts Sales Restrictions on Gasoline With High Ethanol Blend
WASHINGTON — The Trump administration is moving to allow year-round sales of gasoline with higher blends of ethanol, a boon for Iowa and other farm states that have pushed for greater sales of the corn-based fuel.
October 10, 2018Cummins, Isuzu Explore Powertrain Cooperation
Cummins Inc. and Isuzu Motors announced they have signed a letter of intent to jointly evaluate opportunities to deliver globally competitive powertrain products.
October 10, 2018No Infrastructure Bill Yet, but Speaker Ryan Says House GOP Delivers Economic Agenda Ahead of Midterms
House Republicans have focused on a pro-growth economic agenda during President Donald Trump’s first two years in office that was not anchored on infrastructure policy, House Speaker Paul Ryan reminded voters with the November midterm elections less than a month away.
October 10, 2018Tweets From 2018 MCE
Let this page be your what's-happening-right-now guide to MCE 2018. Our live blog will capture photos, videos, tweets and latest headlines from the exhibit hall, press conferences and group sessions.
October 10, 2018CSX Sues Norfolk Southern, Short-Line Railroad Over Alleged Monopoly
NORFOLK, Va. — CSX Transportation Inc. is suing Norfolk Southern Railway and the Chesapeake-based Norfolk & Portsmouth Belt Line Railroad, alleging that they have conspired to create a monopoly at Norfolk International Terminals by essentially boxing out CSX at the Port of Virginia’s largest container facility.
October 9, 2018Diesel Jumps 7.2¢ to $3.385 a Gallon
The U.S. average retail price of diesel jumped 7.2 cents to $3.385 a gallon as oil prices remained at levels not seen in four years over supply concerns. The increase was the seventh consecutive weekly rise for diesel, and the fuel has risen 17.8 cents a gallon since Aug. 20.
October 9, 2018Wiesen Named President at Carrier Logistics Inc.
CHICAGO — Carrier Logistics Inc., a provider of management software for less-than-truckload operations, has transitioned to new leadership and is exploring opportunities to add deeper data analytics and artificial intelligence.
October 9, 2018Opinion: ATA’s Strength Built on Solidarity
By coming together with one voice, ATA has been able to effectively advocate on issues that motor carriers deem important, says Dave Manning, the 73rd chairman of American Trucking Associations and president of TCW in Nashville, Tenn.
October 9, 2018Exxon Puts $1 Million Into Hunt for Carbon Tax and Rebate
Exxon Mobil Corp. is putting $1 million into a political campaign that, if successful, would effectively spawn a tax tied to the company’s core products.
October 9, 2018