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Logistics News
Business, Fuel, Logistics

Alberta Drillers Near Deals With Railroads, Potentially Easing Oil Logjam

Alberta’s beleaguered oil industry may get some relief from its persistent shipping bottlenecks in the second half of the year as producers strike deals with rail companies to move more crude.

April 26, 2018
Business, Logistics, Top 50

Echo Global Logistics Reports Revenue Surge in 1Q

Echo Global Logistics reported record revenue in the first quarter of 2018 and posted a profit, compared with a loss a year ago, as tight capacity drove more business to third-party transportation service providers.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Equipment, Logistics, TCA

Will Wabtec Acquire GE Transportation?

A flurry of reports over the past few days speculate that GE Transportation will be sold to a longtime supplier, Westinghouse Air Brake Technologies Corp., which does business as Wabtec Corp.

Jim Martin | Erie (Pa.) Times-News
April 25, 2018
Business, Logistics

Port Group Urges Caution on Possible US-China Trade War

The American Association of Port Authorities has written to U.S. Trade Representative Robert Lighthizer urging the Trump administration to carefully consider the negative impact trade sanctions could have on the country’s ports and the trucking and transportation industries.

Dan Ronan | Senior Reporter
April 25, 2018
Business, Technology, Equipment, Logistics

China’s Uber for Trucks Is Said to Raise $1.9 Billion in Funding

Full Truck Alliance Group, China’s biggest app for Uber-like truck services, raised $1.9 billion in funding to fuel its expansion, sources familiar with the matter said.

Lulu Yilun Chen | Bloomberg News
April 25, 2018
Business, Logistics

CN Rail Mulls Real Estate Sales to Raise Cash for Network Revamp

Canadian National Railway Co. will consider selling additional real estate to free up cash that can be plowed back into its network.

April 24, 2018
Business, Logistics, Top 50

XPO Logistics Appoints Troy Cooper, Kenneth Wagers to Executive Posts

XPO Logistics promoted Troy Cooper to the newly created position of president from COO, and appointed Kenneth Wagers COO with responsibility for operations in 32 countries.

April 24, 2018
Business, Logistics, TCA

Litigation Dogs Lakeville Motor Express 15 Months After Minnesota Trucking Firm Shut Down

Pressures are mounting for the owners of the defunct trucking firm Lakeville Motor Express and its affiliates.

Dee DePass | Star Tribune (Minneapolis)
April 24, 2018
Government, Business, Logistics, TCA

Trump Pushing Hard to Reach NAFTA Agreement

With critical political deadlines fast approaching, the Trump administration is racing to strike a deal on a revamped North American Free Trade Agreement by early May — with an eye toward forcing a congressional vote on a new pact by the end of the year.

Don Lee | Los Angeles Times
April 24, 2018
Government, Business, Logistics

Trump Says Mnuchin Going to China to Negotiate Trade in Days

Treasury Secretary Steven Mnuchin will depart for China to negotiate over U.S. trade disputes within days, President Donald Trump said.

April 24, 2018
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