TCA
Money-Losing Postal Service Hopes Trump Will Allow it to Alter Prices
A sobering review of the U.S. Postal Service by its inspector general finds that the agency’s ambitious 2015 “Window Change” program, which saves money by slowing letter delivery and closing and consolidating mail-processing centers, has cost more and saved far less than planned.
Alliant to Acquire Hybrid Transit Systems, Expand Freight Transport Service
CEDAR RAPIDS, Iowa — Alliant Energy’s transportation subsidiary has announced plans to buy Cedar Rapids-based Hybrid Transit Systems. The acquisition will add a layer of freight transport to Alliant Energy Transportation.
E2open Buys Leading Ocean Freight Software Firm Inttra
E2open, an Austin-based software company that provides cloud-based services for the supply chain industry, said Oct. 22 that it had acquired New Jersey-based Inttra, a software company that provides various tools to shippers and carriers in the ocean freight industry.
Second FedEx Ground Station Opens in Oklahoma City
FedEx Corp. has operated one 180,000-square-foot shipping station in Oklahoma City since 2006, and on Oct. 16 it celebrated the grand opening of a 270,000-square-foot shipping facility in north Oklahoma City to more than double its warehouse space in the area.
Colorado at the Crossroads
Colorado’s means of getting around are in great need of attention, partisans on every side agree. But the various solutions and competing ways of paying for transportation improvements offered by candidates and ballot measures are a different political matter entirely.
How Grocer Giant Competes for Your Virtual Shopping Cart
The willingness of consumers to try buying groceries online has helped fuel a fiercely competitive market, and one that analysts expect to grow. The Food Marketing Institute and Nielsen predicted this year that 70% of consumers will regularly shop for groceries online by 2022 or 2024.
October 16, 2018Spanish Trucking, Logistics Firm Builds North American Hub in Chattanooga
Grupo Sesé, a major Spanish trucking and logistics company that handles the freight of many major European companies including Volkswagen, came to Chattanooga, Tenn., in late 2012 to serve VW’s U.S. assembly plant.
CSX Sues Norfolk Southern, Short-Line Railroad Over Alleged Monopoly
NORFOLK, Va. — CSX Transportation Inc. is suing Norfolk Southern Railway and the Chesapeake-based Norfolk & Portsmouth Belt Line Railroad, alleging that they have conspired to create a monopoly at Norfolk International Terminals by essentially boxing out CSX at the Port of Virginia’s largest container facility.
Shipping Costs for Liquefied Natural Gas Expected to Rise
Liquefied natural gas shipping costs will increase, driven by rising charter rates, higher fuel costs and the growth in interbasin trade flows, according to estimations by Fitch Solutions Macro Research.
Marathon Closes $23 Billion Deal With Texas Refining Firm Andeavor
Marathon Petroleum Corp. officially closed a $23.3 billion deal Oct. 1 in which it acquired all the outstanding shares of Texas refining company Andeavor.