Business, Technology, TCA

Alliant to Acquire Hybrid Transit Systems, Expand Freight Transport Service

Freight containers Getty Images

CEDAR RAPIDS, Iowa — Alliant Energy’s transportation subsidiary has announced plans to buy Cedar Rapids-based Hybrid Transit Systems. The acquisition will add a layer of freight transport to Alliant Energy Transportation.

Mitchell Schmidt | The Gazette (Cedar Rapids, Iowa)
October 23, 2018
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, Logistics, TCA

Second FedEx Ground Station Opens in Oklahoma City

FedEx Sign Steve Helber/associated Press

FedEx Corp. has operated one 180,000-square-foot shipping station in Oklahoma City since 2006, and on Oct. 16 it celebrated the grand opening of a 270,000-square-foot shipping facility in north Oklahoma City to more than double its warehouse space in the area.

David Dishman | The Oklahoman (Oklahoma City, Okla.)
October 17, 2018
Government, Business, TCA

Colorado at the Crossroads

Colorado Interstate Traffic backs up on Interstate 70 near Silvethorne, Colo., a familiar scene on the main highway connecting Denver to the mountains. (Thomas Peipert/Associated Press)

Colorado’s means of getting around are in great need of attention, partisans on every side agree. But the various solutions and competing ways of paying for transportation improvements offered by candidates and ballot measures are a different political matter entirely.

Joey Bunch | The Colorado Springs, Colo. Gazette
October 16, 2018
Business, Technology, TCA

How Grocer Giant Competes for Your Virtual Shopping Cart

Peapod Delivery Truck Peapod is the grocery delivery division of Dutch company, Royal Ahold NV. (Tim Boyle,Bloomberg News)

The willingness of consumers to try buying groceries online has helped fuel a fiercely competitive market, and one that analysts expect to grow. The Food Marketing Institute and Nielsen predicted this year that 70% of consumers will regularly shop for groceries online by 2022 or 2024.

Ellie Silverman | Philadelphia Inquirer
October 16, 2018
Business, Logistics, TCA

Spanish Trucking, Logistics Firm Builds North American Hub in Chattanooga

Grupo Sese Grupo Sesé

Grupo Sesé, a major Spanish trucking and logistics company that handles the freight of many major European companies including Volkswagen, came to Chattanooga, Tenn., in late 2012 to serve VW’s U.S. assembly plant.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
October 11, 2018
Business, Logistics, TCA

CSX Sues Norfolk Southern, Short-Line Railroad Over Alleged Monopoly

CSX Train Gene J. Puskar/Associated Press

NORFOLK, Va. ­­— CSX Transportation Inc. is suing Norfolk Southern Railway and the Chesapeake-based Norfolk & Portsmouth Belt Line Railroad, alleging that they have conspired to create a monopoly at Norfolk International Terminals by essentially boxing out CSX at the Port of Virginia’s largest container facility.

Robert McCabe | The (Norfolk) Virginian-Pilot
October 9, 2018
Business, Fuel, TCA

Shipping Costs for Liquefied Natural Gas Expected to Rise

Natural gas truck Daniel Acker\Bloomberg News

Liquefied natural gas shipping costs will increase, driven by rising charter rates, higher fuel costs and the growth in interbasin trade flows, according to estimations by Fitch Solutions Macro Research.

Leman Zeynalova | Trend News Agency
October 2, 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, Technology, Equipment, TCA

Musk Says Tesla Delivery Delays Traced to Trailer Shortage

Tesla model 3 sedan 2018 Tesla Model 3 sedans sit on display outside a Tesla showroom in Littleton, Colo. (David Zalubowski/Associated Press)

Elon Musk says an “extreme shortage” of car carrier trailers is partly to blame for Tesla’s delivery woes. That has trucking industry executives and analysts scratching their heads.

Russ Mitchell | Los Angeles Times
September 26, 2018