Business

Business, Technology, Logistics, TCA

E2open Buys Leading Ocean Freight Software Firm Inttra

Cargo Ship Getty Images

E2open, an Austin-based software company that provides cloud-based services for the supply chain industry, said Oct. 22 that it had acquired New Jersey-based Inttra, a software company that provides various tools to shippers and carriers in the ocean freight industry.

Sebastian Herrera | Austin American Statesman
October 23, 2018
Business

TFI International Posts Strong Growth in 3Q

TFI International Canadian Freightways is an LTL operating unit of TFI International. (Brian Everitt/Flickr)

TFI International, one of the largest trucking and logistics companies in the United States and Canada, reported strong growth in revenue and operating profits across all of its business segments in the third quarter.

Daniel P. Bearth | Staff Writer
October 23, 2018
Government, Business, Technology, Autonomous

Podcast Debut: ‘RoadSigns’ Tackles Autonomous

RoadSigns podcast

Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!

Transport Topics
June 11, 2018
Government, Business

Trade Tariffs Spark Surge in Lobbying

storage yard Qilai Shen/Bloomberg News

Companies and business groups, including the U.S. Chamber of Commerce, ramped up their spending on lobbying during the third quarter, as they sought to contain what they feel is damage from President Trump’s trade war.

Mark Niquette | Bloomberg News
October 23, 2018
Government, Business, Fuel

Diesel Slides 1.4¢ in First Decline Since Aug. 20

Diesel Daniel Acker/Bloomberg News

The U.S. average retail price of diesel inched down 1.4 cents to $3.380 a gallon as crude oil prices slipped amid growing U.S. inventories of crude.

Roger Gilroy | Staff Reporter
October 22, 2018
Business, Top 100

USA Truck Acquires Davis Transfer Co.

USA Truck John Sommers II for Transport Topics

USA Truck announced the purchase of Davis Transfer Co., a family-owned trucking company based in Carnesville, Ga., for $53 million in cash and stock, a deal that signals the start of a more aggressive growth strategy at USA Truck by the company’s new management team.

Daniel P. Bearth | Staff Writer
October 22, 2018
Government, Business

Trump Orders Federal Spending Cuts as Chao Touts Regulatory Streamlining

Trump and Chao in Cabinet meeting Sitting next to Chao, Trump speaks during a Cabinet meeting on Oct. 17. (Evan Vucci/Associated Press)

The U.S. Department of Transportation and other federal agencies have to come up with a 5% reduction in their budgets for next year, President Donald Trump told his Cabinet during a recent meeting at the White House.

Eugene Mulero | Staff Reporter
October 22, 2018
Business, Technology

Crowley Maritime Christens LNG-Powered Cargo Ship

Crowley tugboat A Crowley Maritime Corporation tugboat. (Ted S. Warren/Associated Press)

Fair winds and following seas greeted El Coqui — hailed as the future of modern maritime trade with its cleaner-burning liquefied natural gas engines and cutting-edge technology — as she sailed Oct. 20 from Jacksonville with cargo bound for Puerto Rico.

Teresa Stepzinski | The Florida Times-Union (Jacksonville, Fla.)
October 22, 2018
Government, Business, Fuel

North Dakota Pipeline Company Gauges Interest in Expanding Oil Volume

Dakota Pipeline Work being done one the Dakota Access Pipeline in S.D. (Tom Stromme/Associated Press)

BISMARCK, N.D. — The developer of the Dakota Access pipeline is gauging shippers’ interest in a possible expansion of the volume of crude oil moved through the pipeline from 500,000 barrels to 570,000 barrels per day, despite ongoing tribal efforts to shut the pipeline down.

Associated Press
October 22, 2018
Business

Canadian Pacific Reports Quarterly Revenue Record in 3Q

Canadian Pacific (Don MacKinnon/Bloomberg News)

Canadian Pacific Railway Ltd. posted revenue of C$1.9 billion in the third quarter, a record for any quarter in company history, the Calgary, Alberta-based railroad announced Oct. 18.

Dan Ronan | Associate News Editor
October 22, 2018
Business, Fuel

Sunoco Finalizes Deal for Brenco Marketing

Sunoco Russ MacNeil

Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.’s fuel-distribution business.

Transport Topics
October 22, 2018

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