The bulls are coming out in support of truckload carriers, kind of. Several equity analysts are using a recent positive inflection in TL volumes, a belief that fundamentals aren’t getting materially worse, and attractive valuation multiples to become more positive on the stocks.
Three Class I U.S. rail operations earned enough returns on investment in 2018 to support their capital projects.
Puerto Rico getting 25% of money in wake of 2017 hurricanes.
KeepTruckin has released a camera that records both on-highway and inside the cab for those fleets looking for more driver monitoring options.
Export compliance experts find little new in the Bureau of Industry and Security’s FAQs answers related to the Chinese telecom’s placement on the Entity List and temporary general license.
Acquisition of Panalpina creates one of the world’s largest transport and logistics companies.
Digital logistics company Marine Transport International is collaborating with The Recycling Association to enable recycling businesses to relay essential information on trash to stakeholders within the trash value chain in a transparent and swift manner.
Amazon Air to operate 2 freighters full of relief supplies to Dorian survivors in The Bahamas
IIHS says driver fatigue still is a “major risk factor.”
The Truckload Carriers Association’s (TCA) Scholarship Fund will be providing financial assistance to 52 undergraduate college students for the 2019-20 academic school year. Each student will receive a scholarship ranging from $6,250 to $2,725 from a total pool of nearly $150,000. Since 1973, the Fund has been providing scholarships to students associated with the trucking […]
C.H. Robinson’s Bob Biesterfeld and Uber Freight’s Lior Ron will headline the Townhall Series at the upcoming CSCMP EDGE 2019 conference. The pair will discuss the changing nature of freight and address how technology is making that happen.
UPS to hire 100k employees for peak season, and will expand tuition reimbursement plan
Humans are helping e-tailers lower logistics costs; logistics newbies, meet the seasoned pros
Cummins Inc. closed its $290 million purchase of fuel cell maker Hydrogenics on September 9, the second major investment in fuel cell technology in less than a week.
A Treasury Department official reaffirmed on Sept. 8 the Trump administration’s denial of temporary waivers that previously allowed countries to import Iranian crude oil under U.N. and U.S. sanctions.
The move signals the shift from a tech startup to a mature logistics operation.
Allison Transmission Holdings Inc. is paying $103 million to acquire two suppliers of critical components to its automatic transmissions. The company said the acquisitions will no impact its fiscal year earnings.
Roadrunner Transportation Systems announced that it has found a replacement for its chief financial officer role as the restructuring continues.
Digitalization comes with its share of problems and it is vital for businesses to understand what the technology means before they go ahead and adopt it within their operations.
The Liquor Control Board of Ontario (LCBO) has joined forces with Foodora, an international food delivery app, to pilot on-demand alcohol delivery in under an hour.
