18 Jun The Jordan Co. Embarks on Logistics Buying Spree The summer has brought heat to mergers and acquisitions in the logistics sector, led by private equity firm The Jordan Co. moving aggressively to gather several firms under its umbrella. Read more...
18 Jun Guest Editorial: A Clear Message on Hours-of-Service Reform From ATA President and CEO Chris Spear: There’s a growing chorus to address federal hours-of-service rules, and American Trucking Associations is actively shaping the debate. Read more...
18 Jun Shippers Opt for Collaboration to Strengthen Supply Chains, TMSA Panelists Say FORT MYERS, Fla. — Shippers are looking for collaborative transportation partners willing to understand their specific business challenges and work toward solving their current and future needs, a panel of experts said at a sales and marketing conference June 12. Read more...
15 Jun Stormy Sailing Expected When Cargo Ship Fuel Standard Changes A surge in demand is coming for diesel and related fuels as shipping companies close in on a deadline to reduce sulfur emissions. Read more...
15 Jun Norway Post Office Sues Truck Makers for Price-Fixing Cartel The Norwegian postal service sued truck makers involved in a long-running price-fixing cartel, adding a new challenge to companies including Daimler AG, Paccar Inc.’s DAF and AB Volvo after they paid the European Union’s record fine for the scheme. Read more...
15 Jun Bendix Facility in Mexico Reaches Milestone The Acuña, Mexico, manufacturing operation of Bendix Commercial Vehicle Systems and Bendix Spicer Foundation Brake is celebrating a 30-year milestone, with Bendix having opened the first of its current four plants there in 1988. The fourth facility, a logistics center, joined the operation last fall. Read more...
15 Jun J&R Schugel Buys Super Service Carrier J&R Schugel Trucking Inc. purchased Super Service, a dry-van truckload carrier that provides regional hauling, dedicated trucking and logistics services primarily east of the Mississippi River. Read more...
15 Jun Natso Launches Alternative Fuels Council Natso Inc. has launched a new business venture known as the Alternative Fuels Council to help fuel retailers leverage the resources necessary to learn about and incorporate alternative fuels into their supply offerings. Read more...
15 Jun In Prelude to Trade War, US Details Tariffs on $50 Billion of Chinese Goods WASHINGTON — The Trump administration, rekindling its simmering trade war with China, issued a list of $50 billion of Chinese imports June 15 that would be subject to hefty tariffs. Read more...
15 Jun U.S. Xpress Raises Over $250 Million in Stock Issue A decade after its owners took the company private, U.S. Xpress Enterprises, Inc. returned to Wall Street June 14 to raise more than $250 million of equity and again become a publicly traded company. Read more...