In Court Filing, Prime Inc. Says Amazon’s Use of ‘Prime’ Causes Confusion
Prime Inc. says Amazon’s display of “Prime” on its shipping vehicles creates a likelihood of confusion with Prime Inc.'s trucking business, a July 2 complaint in the Western District of Missouri says.
July 3, 2019Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Management Team of PTL Buys Company From Magnate Worldwide
Premium Transportation Logistics announced its senior management team — current President Jeff Curry, Operations Manager Keith Avery and expedited transportation sales veteran, Brad Kelley — has acquired PTL from Magnate Worldwide.
July 1, 2019Performance Food to Buy Rival Supplier Reinhart for $2 Billion
Performance Food Group Co. agreed to buy Reinhart Foodservice for $2 billion in a combination of U.S. food suppliers.
July 1, 2019FRA Awards Grant to Georgia Central Railway
Dublin, Ga., has earned $8 million in grants for improvements to its rail infrastructure. A $4 million grant from the Federal Railroad Association was given to the city through its Consolidated Rail Infrastructure and Safety Improvements Program, which was matched by the Georgia Central Railway.
July 1, 2019Musk Seeking Tesla Deliveries Record Could Be a Double-Edged Sword
Analysts’ fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla’s efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.
July 1, 2019Brookfield Buys Rail Operator Genesee for $8.4 Billion
An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.
July 1, 2019Midwest Deluge Spurs Cut in US Estimate for Soybean Acreage
The spring deluge in the Midwest and Great Plains spurred a cut in the U.S. forecast for soybean acreage, a bigger reduction than analysts expected.
June 28, 2019Debunking “Smart Trailer”
“Smart Trailer” is hot talk, but what does it mean? Depending on who you ask, it’s anything from accessory light packages to machine learning. Join to see which trailer technologies are really moving the needle today, and how the future is less about buzzwords and more about true trailer intelligence.
June 28, 2019Ford to Cut 20% of European Workforce in Sweeping Overhaul
Ford Motor Co. will eliminate about 20% of its workforce across Europe in a sweeping overhaul to tackle the carmaker’s falling sales in the region and lift weak profitability.
June 27, 2019Convoy Creates Method for Drivers to Book Multiple Loads at Once
Digital freight broker Convoy announced Automated Reloads, an app-based program that allows drivers to book multiple loads of freight at one time.
June 27, 2019