Diesel Drops 2.1¢ to $3.261 a Gallon in Sixth Consecutive Weekly Decline
The U.S. average retail price of diesel dropped 2.1 cents to $3.261 a gallon the U.S. Energy Information Administration reported Nov. 26 as crude oil prices continued to stay low.
November 26, 2018Editorial: Infrastructure: Let’s Make A Deal
With the midterm elections settled, now is an excellent time to begin working on legislation to fund the nation’s crumbling infrastructure.
November 8, 2018Homewood Holdings Buys Select Assets of Building Supply and Lumber
Homewood Holdings, a portfolio company of private equity investment firm Building Industry Partners, has acquired select assets of Building Supply and Lumber Co., an independent lumber and building materials dealer.
November 8, 2018Mark Van Port Fleet Appointed Michigan DOT Director
Michigan Gov. Rick Snyder recently announced that longtime Michigan Department of Transportation employee Mark Van Port Fleet will serve as the agency’s new director.
November 1, 2018Project Cargo Network Partners With WiseTech Global
Logistics specialist Project Cargo Network has partnered with WiseTech Global, the company behind the global logistics solution CargoWise One, according to an October press release.
November 1, 2018Barry Pottle Elected ATA’s 74th Chairman
Barry Pottle, CEO of Pottle’s Transportation of Bangor, Maine, has been elected by American Trucking Associations’ board of directors to serve as the federation’s 74th chairman.
October 30, 2018ENGS Commercial Finance to Be Acquired by Japan’s Mitsubishi Corp.
Stockholders of ENGS Commercial Finance have agreed to sell the business to Mitsubishi UFJ Lease & Finance Co., an affiliate of Mitsubishi Corp. in Japan, for an undisclosed amount.
October 29, 2018Echo Global Logistics Posts Record Revenue for Sixth Straight Quarter
Echo Global Logistics reported another record quarter for revenue and boosted its guidance for the year as demand for the company’s technology and transportation management services remains robust.
October 24, 2018President Trump Signs Water Infrastructure Law
President Donald Trump signed the Water Resources Development Act of 2018 into law Oct. 23.
October 23, 2018September Trailer Orders Shatter Record, ACT Research Reports
U.S. trailer orders in September skyrocketed to an all-time high, surpassing the previous record by more than 10,000 units, ACT Research Co. reported.
October 17, 2018