Transportation Secretary Anthony Foxx to Talk P3s at Port of Newark
Transportation Secretary Anthony Foxx is scheduled to expand on the role of public-private partnerships, or P3s, at an event at the Port of Newark, New Jersey, on Oct. 1.
September 28, 2015Radiant Logistics 2Q Net Income Rises 3%
Radiant Logistics Inc. reported net income rose 3% to $2.19 million, or 4 cents per share, in the second quarter as the company absorbed multiple acquisitions.
September 28, 2015Penske Sells Majority Share of Truck-Lite to Two Investment Groups
Penske Corp. sold its majority share of lighting-systems manufacturer Truck-Lite Co., a supplier to the commercial trucking industry, to Koch Equity Development and BDT Capital Partners.
September 28, 2015New ATRI Study to Analyze Impact of Nonpreventable Crashes on CSA Scores
The American Transportation Research Institute is nearing completion of research that will support claims by many motor carriers that eliminating nonpreventable crashes from their safety profiles would significantly improve their Compliance, Safety Accountability crash scores, according to a top ATRI researcher.
September 28, 2015Safety Systems Have Reasonable ROI, DTNA Executives Say at Nevada Event
HENDERSON, Nev. — Daimler Trucks North America executives said that advanced truck safety systems are an investment with a reasonable return.
September 28, 2015Volvo Breaks Ground on $38.1 Million Virginia Truck Factory Expansion
Volvo Trucks North America announced that it broke ground on a $38.1 million expansion of its New River Valley truck assembly plant in Dublin, Virginia.
September 28, 2015Transportation Data Source Announces Carrier On-Boarding Product
Transportation Data Source, a provider of motor-carrier information services, has announced a product that gives freight brokers an automated evaluation and approval process for third-party carriers.
September 28, 2015Absolute Worldwide Completes Acquisition of Shipmymachinery.com
Absolute Worldwide Logistics, a provider of multiple third-party services, announced the completion of the acquisition of Shipmymachinery.com, which specializes in managing oversized equipment shipments.
September 28, 2015Pending Sales of Previously Owned Homes Unexpectedly Fall
Contract signings to purchase previously owned U.S. homes unexpectedly declined in August for just the second time this year, signaling residential real estate might have difficulty building on recent momentum.
September 28, 2015Average US Gasoline Price Drops 9¢ in Two Weeks: Lundberg
The average price of a gallon of gasoline in the United States fell 9 cents in the past two weeks as refiners and retailers reduced their profit margins to sell more fuel, according to a Lundberg survey released on Sept. 27.
September 28, 2015