19 May Kansas City Southern Invests Money to Improve Railroad Tracks Kansas City Southern announced a $24.6 million investment to replace cross ties and improve crossings on the railway track between Neosho, Mo., and Blanchard, La. Read more...
19 May Forward Air Closes Deal With Atlantic Trucking Co. Forward Air Corp. has acquired the assets of Atlantic Trucking Co. in a deal finalized May 18, just more than one month after it was first announced. Read more...
19 May Former Celadon President May Purchase Company's Subsidiary Although Celadon Group Inc. President Eric Meek resigned April 28, he'll remain tied to the truckload carrier for a while longer, according to a filing with the Securities and Exchange Commission. Read more...
19 May Port of Oakland Begins Project to Raise Height of Four Cranes In nine months, 366-foot cranes will soar 27 feet taller, towering above container vessels at California's Port of Oakland on the San Francisco Bay. Read more...
19 May VersaCold Taps Industry Veteran Michele Arcamone as COO VersaCold, Canada's temperature sensitive products supplier, has announced the appointment of Michele (Mike) Arcamone as chief operating officer, effective April 17, 2017. Read more...
19 May GlobalTranz Acquires Logistics Planning Services Freight broker GlobalTranz Enterprises Inc. acquired Logistics Planning Services, also a freight brokerage, in a move that significantly increases its market share in third-party logistics services. Read more...
19 May Ryder San Francisco Fueling Facility Offers 100% Renewable Diesel Ryder System Inc. has begun to offer renewable diesel fuel at its San Francisco fueling facility. Read more...
19 May Uber Threatens to Fire Anthony Levandowski Uber Technologies Inc. threatened to fire the man at the center of its legal battle with Alphabet Inc., telling its top driverless technology engineer, Anthony Levandowski, to either deny taking files from his former employer or turn them over. Read more...
19 May Mack Trucks Sees Its AMTs Increasing Adoption in the Market CHARLESTON, S.C. - As one part of its integrated powertrain strategy, Mack Trucks' line of automated manual transmissions is seeing increasing adoption in the market, said executives with the heavy-duty truck maker. Read more...
19 May Volvo Expands Truck Building Into Fast-Growing East Africa Volvo AB's trucks division is seeking to boost market share in Kenya, Uganda and Tanzania to as much as 18% from about 2%, as the regional economic growth for East Africa outpaces the average for sub-Saharan Africa. Read more...