XPO Logistics Getting $700 Million for Acquisitions
PSP Investments, along with GIC and Ontario Teachers' Pension Plan will invest a total of $700 million.
PSP Investments, along with GIC and Ontario Teachers' Pension Plan will invest a total of $700 million.
Industrial production in the U.S. fell slightly in August, its first decline since January, according to a report released Monday by the Federal Reserve.
The parent company to trucking operations including Covenant Transport and others has issued expectations for its upcoming third quarter financial results.
The Nevada Department of Transportation reopened Interstate 15 north of Las Vegas Friday after 4 p.m., but only partially for commercial vehicles.
The American Trucking Association’s Technology & Maintenance Council will hold its Fall Meeting Sept. 22-25 at the Walt Disney Swan and Dolphin Resort in Orlando, Fla.
PierPass Inc. has launched a new test program called the Free-Flow Program to reduce the time trucks spend picking up containers at marine terminals.
Bimbo Bakeries USA is leasing 16 natural gas trucks for its California trucking fleet. Bimbo has a fueling agreement in place with Clean Energy Fuels to fuel the fleet of Class 8, heavy-duty trucks using Clean Energy's network of public-access CNG stations throughout Northern California.
The Department of Transportation announced $600 million in federal grants under the Transportation Investment Generating Economic Recovery (TIGER) program. The money is being awarded to 72 projects out of 797 applications in a competitive process designed to focus resources where they are most needed.
The U.S. Commerce Department on Friday reported August retail sales were up 0.6% from the month before and 5% higher than the same time a year ago.
Nevada transportation officials hope to reopen sometime Friday a section of Interstate 15 between Las Vegas and the Utah border that has been closed since Monday -- however, trucks heading in one direction will continue to have to take a long and painful detour.
Western Star has broken the aerodynamic truck mold with a new angular, edgy and very slippery version of its classic configuration. The 5700XE boasts a very fuel efficient powertrain as well as some groundbreaking aero treatment that Western Star says will give any aero truck on the road today a real run for its money. Three years in the making, Western Star launched the 5700XE in Las Vegas.
The Truckload Carriers Association is recognizing Mark Olsen and Brad Wenneberg, as Highway Angels for attempting to rescue a couple from an RV fire.
INDIANAPOLIS -- Partnership. Collaboration. Shipper of Choice. These were the buzzwords at this week's FTR Transportation Conference as truck and rail providers, shippers and others discussed the current capacity crunch and what's ahead for the freight transportation industry.
Fleet Advantage announced that Brian Holland has been selected to be the company’s new President and CFO.
A bridge structural repair near Olympia, Wash. over the next two weekends is expected to cause traffic problems due to ramp and lane closures. The Washington Department of Transportation is warning drivers to avoid the Interstate 5 in Olympia if possible.
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