Taurus sells US logistics real estate portfolio for $614 million
Taurus Investment Holdings sells its US logistics warehouse portfolio to Investcorp
Taurus Investment Holdings sells its US logistics warehouse portfolio to Investcorp
For two years the software company’s sanctions screening failed to detect a Slovenian app store developer and its owner who were placed on the Specially Designated Nationals and Blocked Persons List.
Engine maker Cummins will lay off 2,000 workers in the first quarter of 2020, the latest impact of a trucking sector recession that is claiming jobs up and down the supply chain.
“The belief that technological advancements of labor-saving equipment will lead to long-term unemployment is a fallacy that can lead to great harm,” Pronto CEO says.
Daimler Trucks North America is recalling 2,725 Western Star brand 4900 and 5700 sleeper cabs from the 2016-2020 model years. About 4% of the recalled trucks are suspected of having an improper adhesive that could allow the vent windows to detach and fall from the trucks.
Conspiracy involved sale of offshore drill ship to Houston chartering company.
Mark Lambert, who served as co-president of nuclear materials transport specialist TLI, will be sentenced by the District Court of Maryland on March 9, 2020.
Darren Prokop writes about the need for a solution to repair and improve the nation’s highways and bridges. What are the options and is there the political will to develop a solution?
Logistics service provider Europa Worldwide is constructing a state-of-the-art logistics facility in Midlands Logistics Park in Corby, England.
Chris Easter took over as interim CEO of Daseke in September and is now being tasked with leading a transformation of a company known for its acquisitions but whose stock price has struggled in the past year as cost efficiencies have not materialized.
Platform Science headlines a list of freight-focused companies honored in the CNBC Upstart 100 list for 2019. Upstart 100 recognizes companies poised for breakouts as major disruptors.
Trucking and trade bodies are outraged by the ongoing tactics of container terminal operators to frequently hike already huge fees on trucks. Lobbying of government ministers is underway and even port operators are disappointed at the ongoing tactics of terminal operators.
Bison Transport CFO addresses challenges in contracted freight but points to an encouraging uptick in Christmas business during Truckload Carriers Association event near Toronto.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP seizes $8.4 million in marijuana bust; Texas port opens its first US-Mexico commercial FAST lane; Diligent Delivery Systems consolidates transportation-logistics operations; Unimacts acquires Tijuana manufacturing plant. CBP seizes $8.4 million of marijuana smuggled in cargo […]
The first-ever highway partially made of reclaimed plastic was inaugurated in Mexico on Nov. 13. The 2.5-mile stretch of highway in the state of Guanajuato in central Mexico used 1.7 tons of recycled plastic, or the equivalent of 425,000 plastic packaging units, according to Dow Plastics Technology Mexico. “The advantage of using recycled plastic products […]
This week: Doctors stuff Aussie truckers full of opioids; Prime Ministerial funding splurge on infrastructure; tech and data standards action points identified; trucker accidentally crushes his own car; trucking tax hike fight won… sort of; DHL Supply Chain vows carbon neutrality.
Will California’s steps against parts of drilling technology cost some drivers their jobs?
Environmental opposition and a glut of LNG are among the challenges facing a proposed Oregon natural gas pipeline and export terminal project.
Volvo Trucks North America will lay off about 700 workers in January, extending an industry pullback in production to match slowing orders of new Class 8 trucks.
Unit of Australian real estate firm Goodman muscling in to L.A. urban real estate construction market