Daniel P. Bearth

Government, Business, Technology, Equipment, Safety, Autonomous

Presence of Autonomous Vehicles Felt in US

Autonomous Vehicles A Nuro vehicle. (Nuro via Facebook)

WASHINGTON — Technology is changing the transportation landscape as freight carriers move toward self-driving vehicles and public officials look for new ways to develop infrastructure and prepare for what could be a major shift in traffic patterns and driving behavior.

Daniel P. Bearth | Senior Staff Writer
January 17, 2019
Business, Technology, Top 100

Oaktree Capital Invests $450 Million in Rail Transportation Firm Watco

Watco mechanical repair shop in Neodesha, Kan. A mechanical repair shop in Neodesha, Kan. (Watco Cos.)

Oaktree Capital Management is investing $450 million and forming a strategic partnership with Watco Cos., a privately owned company that provides a broad range of rail transportation services in North America and Australia.

Daniel P. Bearth | Senior Staff Writer
January 16, 2019
Business

Industry Leader Bill Reed Jr., CEO of Skyline Transportation, Dies

Skyline Transportation truck on highway John Sommers II for Transport Topics

William Reed Jr., CEO of Skyline Transportation and prominent in the trucking industry for advocating for a broad number of issues, died suddenly Dec. 17 at his home in Farragut, Tenn. He was 71.

Daniel P. Bearth | Senior Staff Writer
January 10, 2019
Government, Business

New Postal Service Business Model Creates Opportunity for Growth, Consolidation Among Private Mail Haulers

Sheehy Mail Contractors Evo Transportation & Energy Services, a CNG fuel station operator, decided to compete for DRO contracts by in the last year buying four mail contractors, including Sheehy. (Sheehy Mail Contractors via Facebook)

A new distribution strategy by the U.S. Postal Service is forcing fundamental changes in the way private mail contractors operate and is leading to a surge in consolidation activity.

Daniel P. Bearth | Senior Staff Writer
January 10, 2019
Business, Logistics, Top 100

Shareholders Offered Option of Buying More Stock as Roadrunner Seeks to Recapitalize Its Business

Roadrunner truck at loading dock Jason Miller — Flickr

Shareholders of Roadrunner Transportation Systems, who have seen the value of their holdings plummet following a finance scandal that led to the dismissal of several top executives more than a year ago, are being given a chance to buy more stock — 900 million shares to be exact — at 50 cents a share as part of an effort by new management to recapitalize the business.

Daniel P. Bearth | Senior Staff Writer
January 9, 2019
Government, Business, Technology, Equipment, Safety, Fuel, Logistics, Autonomous

Infrastructure, Trade Loom Large for Trucking in the New Year

Infrastructure stellalevi

Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industry experts interviewed by Transport Topics.

Daniel P. Bearth | Senior Staff Writer
January 4, 2019
Government, Business, Technology, Equipment, Autonomous

Freight Transportation Profits, Prospers

Without a doubt, 2018 was a banner year for trucking and almost every other form of freight transportation. Business investment took off, hiring picked up and freight volume soared with both domestic and international shipments sharing in the bounty.

Daniel P. Bearth | Senior Staff Writer
December 27, 2018

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