Americold Narrows Loss, Names George Chappelle New CEO
Refrigerated warehouse operator Americold Realty Trust narrowed its loss in the fourth quarter and posted a large gain in revenue. It also made interim CEO George Chappelle’s position permanent.
February 25, 2022Roberts Energy Acquires Abenaqui Carriers
Direct fuel supplier Roberts Energy and its transport division Brown Bear Transportation announced Feb. 21 the acquisition of Abenaqui Carriers.
February 25, 2022Biden Hits Russia With Sanctions, Says Putin ‘Chose’ War
President Joe Biden ordered broad new sanctions targeting Russia on Feb. 24 after its invasion of Ukraine, declaring that Russian leader Vladimir Putin “chose this war” and his country will bear the consequences.
February 24, 2022ATA, OOIDA Urge Buttigieg to Commit Funds to Truck Parking
Transportation Secretary Pete Buttigieg is being urged to prioritize infrastructure funds to boost the nation’s truck parking capacity.
February 24, 2022US Presents ‘Buy American’ Plan to Ease Supply Chain Squeeze
The Biden administration announced several new actions Feb. 24 intended to ease supply chain disruptions that have plagued the economy during the coronavirus pandemic.
February 24, 2022Ports to Get $450 Million to Speed Flow of Goods
As cargo volumes continued to surge at the nation’s ports in January, the Biden administration on Feb. 23 announced plans to make $450 million available in new grant funding as part of the Department of Transportation’s Port Infrastructure Development Program.
February 23, 2022Houston’s Port Sees New High in Ship Count
The number of containerships waiting at the ports of Houston and Charleston, S.C., reached new pandemic highs as importers looking to avoid bottlenecks on the West Coast encounter growing congestion in alternative gateways.
February 23, 2022UPS Loses Compensation Bid in EU
UPS Inc. lost a court fight for about $2 billion in compensation over the European Commission’s 2013 botched veto of its takeover bid for TNT Express.
February 23, 2022Fire Subsides on Cargo Ship Carrying Volkswagen EVs
LISBON, Portugal — A fire aboard a ship carrying cars in the Mid-Atlantic is dying out, a Portuguese navy officer said Feb. 22, and the huge vessel is expected to be towed to the Bahamas.
February 22, 2022Truck Tonnage Extends Streak of Gains in January
Truck tonnage in January rose 1.2% when measured against year-ago levels, marking the fifth consecutive month for a year-over-year increase, American Trucking Associations said.
February 22, 2022