Lineage Logistics Acquires Refrigerated Rail Company Cryo-Trans
Cold-storage specialist Lineage Logistics is branching into rail.
January 5, 2021Diesel Continues Upward Trend, Rises 0.5¢ to $2.640
The last days of 2020 and the first few of 2021 continued the same trend, with diesel prices rising nationwide.
January 4, 2021Pete Buttigieg Eyes ‘Big, Bold’ Infrastructure Plan, Chuck Schumer Says
Advancing a “big, bold” infrastructure policy measure with an emphasis on climate change is a priority for President-elect Joe Biden’s choice to lead the U.S. Department of Transportation, said Senate Minority Leader Chuck Schumer.
January 4, 2021Pricier Vehicles Seen Driving Rebound in US Auto Market
Demand for higher-priced vehicles from retail buyers at the end of 2020 helped lift U.S. auto sales out of a springtime slump and buffered the impact of a sharp drop in fleet sales to rental car companies.
January 4, 2021Manufacturers Rethink Supply Chains, Eye Reshoring After Events of 2020
A trade war with China and the disruptive effects of the COVID-19 pandemic have U.S. companies starting to question a decades-old strategy of shifting manufacturing operations to low-cost labor markets in China and other Asian nations.
January 4, 2021PSA, Fiat to Seal Merger After Winning Shareholder Approval
Fiat Chrysler Automobiles NV and PSA Group will complete their combination later this month after shareholders signed off on a deal that endured two years of drama.
January 4, 2021XPO Finishes Acquisition of Kuehne + Nagel’s European Logistics
XPO Logistics has completed its acquisition of the majority of Swiss firm Kuehne + Nagel’s European logistics, the company announced Jan. 4.
January 4, 2021OPEC+ Meets to Discuss Output Hike, With Saudis Urging Caution
Saudi Arabia urged caution as OPEC+ gathered to discuss whether to hike supply again in February, with many countries wary of undermining a fragile recovery.
January 4, 2021FMCSA Proposes Revised Guidance on Yard Moves
The Federal Motor Carrier Safety Administration is proposing to revise regulatory guidance related to how truck drivers record yard moves as part of their hours of service.
January 4, 2021Rolling Strong Unveils App That Supports Driver Wellness
Rolling Strong launched a free version of its mobile app to support driver health and wellness, the company announced Jan. 4.
January 4, 2021