Matt Sanctis

Government, Business, Fuel

FTC Requires Marathon to Sell Stores to Avoid Antitrust

Marathon John Raoux/Associated Press

The Federal Trade Commission is requiring Marathon to sell five New York convenience stores to settle charges that its proposed acquisition of Express Mart would violate federal antitrust laws.

Matt Sanctis | Dayton (Ohio) Daily News
October 31, 2018
Business, Fuel, TCA

Marathon Closes $23 Billion Deal With Texas Refining Firm Andeavor

Marathon gas station Marathon station in Garyville, Louisiana (Marathon Petroleum Corp.)

Marathon Petroleum Corp. officially closed a $23.3 billion deal Oct. 1 in which it acquired all the outstanding shares of Texas refining company Andeavor.

Matt Sanctis | Dayton (Ohio) Daily News
October 1, 2018
Business, Equipment, Logistics, TCA

Wheeler Trucking to Add 70 Jobs After Securing GM Contract

SPRINGFIELD, Ohio — A trucking firm with a growing presence in Springfield is planning to add close to 70 new jobs after securing a contract with GM as the sole firm to haul new medium-duty trucks being produced at Navistar’s Springfield facility.

Matt Sanctis | Dayton (Ohio) Daily News
September 18, 2018
Business, Fuel, TCA

Marathon Reports $1 Billion in 2Q Earnings

Marathon station at night Paul Rosemeyer/Flickr

Marathon executives touted earnings of more than a billion dollars in the second quarter this year and said the oil company is making progress in a proposed merger with a Texas-based refiner.

Matt Sanctis | Dayton (Ohio) Daily News
August 1, 2018
Government, Business, Logistics, TCA

Shortage of Drivers Slows Booming Truck Demand

Spencer Platt/Bloomberg News

Demand for new commercial trucks is surging as companies look to replace aging vehicles and freight volumes have jumped in recent months.

Matt Sanctis | Dayton (Ohio) Daily News
July 2, 2018
Government, Technology, Logistics, TCA

Ohio Project Will Use Drones to Monitor Highway Traffic


A three-year, $5.9 million study in central Ohio will use drones to monitor traffic on a 35-mile highway, and provide new information used to prevent crashes between manned and unmanned aircraft.

Matt Sanctis | Dayton (Ohio) Daily News
June 12, 2018
Business, Equipment, TCA

Navistar Boosts Revenue Projections Up to $9.75 Billion After Strong Sales

Christopher Dilts/Bloomberg News;

Navistar raised its revenue projections for this year, in part due to strong results in the company’s truck segment, the manufacturer said March 8.

Matt Sanctis | Dayton (Ohio) Daily News
March 9, 2018
Business, Technology, Equipment, Autonomous, TCA

Autonomous Cars May Cut Workplace Deaths, Official Says


Transportation-related workplace injuries might be slashed over time as autonomous vehicles become more common, state leaders said at a workshop in Springfield, Ohio, on Feb. 13.

Matt Sanctis | Dayton (Ohio) Daily News
February 14, 2018
Business, Equipment, TCA

Navistar to Redesign Trucks, Begin UAW Talks in 2018

Christopher Dilts/Bloomberg News;

Navistar has several big ticket items planned in 2018, including a redesign of all of its trucks, a new labor contract in Springfield, Ohio and production starting on a new GM truck.

Matt Sanctis | Dayton (Ohio) Daily News
January 30, 2018
Business, Equipment, TCA

Navistar Expects Strong Year for Truck Manufacturer

John Sommers II for TT

Navistar executives predict 2018 will be a strong year for the Springfield, Ohio manufacturer. The company reported a profit of $30 million in 2017 — its first annual profit in six years — a result company officials called a breakthrough year for the truckmaker.

Matt Sanctis | Dayton (Ohio) Daily News
January 8, 2018