Tesla Holders Brace for Market’s Verdict on Musk’s Brazen Pivot
Elon Musk’s stunning tweet that he wanted to take Tesla Inc. private and had funding secured was a classic Musk moonshot — given credibility only by the sense that if anyone could possibly pull such a brazen feat, he was the guy.
August 27, 2018US, Mexico Agree on New Trade Deal
President Donald Trump said the U.S. is pursuing a new trade accord with Mexico to replace the North American Free Trade Agreement and called on Canada to join the deal soon or risk being left out.
August 27, 2018J.B. Hunt 360 Perks Taps Pilot Flying J, Goodyear, SiriusXM
J.B. Hunt, SiriusXM, Pilot Flying J and Goodyear Tire and Rubber Co. have announced a rewards program that they said will help carriers save money, spend more time driving and have an overall better experience.
August 27, 2018United Rail Purchases U S Rail Holdings for $4.5 Million
Short-line freight railroad U S Rail Holdings is being acquired by United Rail Inc. for $4.5 million. U S Rail Holdings, based in Toledo, Ohio, leases and operates about 72 miles of rail lines in the Kokomo, Ind., area providing transloading, private industrial railcar switching, track maintenance services, railcar repair and railcar storage.
August 27, 2018PS Logistics Finalizes Purchase of D. Mosley Trucking
PS Logistics has completed the purchase of D. Mosley Trucking Inc. and DMT Logistics Services Inc., the Birmingham, Ala.-based company announced Aug. 23. Financial terms were not announced.
August 27, 2018Capitol Agenda for the Week of Aug. 27: The LeBron James of Trucking
2018 NTDC champion Scott Woodrome and NBA superstar LeBron James have a lot in common. Seriously.
August 27, 2018Free eBook: 2018 Transportation Management Trends of Top Performers
This Descartes benchmark study identifies the key trends, tactics and technologies impacting logistics service providers (LSPs) in 2018. We’ll explore the strategic importance of transportation management technology and how its value is measured today and for future investment.
August 25, 2018Amerit Attracts New Investments
Amerit Fleet Solutions, a provider of fleet maintenance and repair services to commercial fleets, announced the close of a majority investment from Ridgemont Equity Partners, a middle-market private equity firm, and a minority investment from Element Fleet Management Corp., a global fleet management company.
August 24, 2018Nel Expands Plant to Make Electrolyzers for Nikola
Nel ASA has begun construction of what it says is the world’s largest electrolyzer manufacturing plant, fully automated and able to deliver electrolyzers at a game-changing cost.
August 24, 2018Kenworth Celebrates Plant Anniversary, Offers Near-Zero Natural Gas Engine
Kenworth Truck Co. announced a major milestone at its Renton, Wash., truck plant, and the availability of the Cummins Westport ISX12N Near Zero natural gas engine in certain models.
August 24, 2018