09 Jul Michigan Gov. Rick Snyder Creates Two Infrastructure Councils Michigan Gov. Rick Snyder recently signed legislation creating two councils dedicated solely to infrastructure management. Read more...
09 Jul PortMiami Plans New Project to Fit Even Larger Ships Despite a massive dredge project that was completed in 2015, PortMiami is still not wide enough in some areas to accommodate large vessels, making it difficult for cargo and cruise ships to navigate its channels. Read more...
09 Jul TireStamp Launches New Tire Pressure Monitoring System TireStamp announced TireVigil Cloud 2.0, a tire pressure monitoring system that checks each hardware component’s health and detects problems with tire sensors, external TPMS receivers and in-cab electronic equipment. Read more...
06 Jul World’s Biggest Shipping Market Booms as Trade War Shrugged Off Whether it’s the price of hiring giant freighters to haul hundreds of millions of tons a year of iron ore and coal, or smaller carriers moving grains, there’s a theme emerging: dry- bulk shipping rates are rallying despite an escalating trade war that may yet damage China’s economy. Read more...
06 Jul Atlanta Scorches Van Loads, Reefer Spot Markets Atlanta is burning. The Big A is the No. 1 city for spot market posts for van loads and refrigerated loads through the first half of 2018, according to DAT Solutions, the operator of a major freight load board marketplace for North America. Read more...
06 Jul Cosco Shipping to Sell $947 Million of Orient Overseas Shares Cosco Shipping Holding Co. plans to sell as much as HK$7.43 billion ($947 million) of shares in Orient Overseas International as part of efforts by China’s biggest container-shipping line to maintain the listing status of the rival it is acquiring. Read more...
06 Jul Shortage of Truck Drivers Hits New York Businesses, Pushes Up Wages A national shortage of truck drivers because of factors such as a competitive job market is making an impact on New York’s Long Island, forcing businesses to adapt, and driving up the pay of workers seeking to drive a big rig. Read more...
06 Jul Pruitt’s Exit Prompts Lawmakers, Industry to Shift Spotlight to Acting EPA Chief The end of Scott Pruitt’s run as head of the U.S. Environmental Protection Agency was announced July 5, and has members of Congress and stakeholders already focusing on his successor. EPA deputy administrator Andrew Wheeler was tapped to take on the role of acting chief starting July 9. Read more...
06 Jul Covenant Transport Services Acquires Landair Holdings Covenant Transport Services has acquired Landair Holdings Inc. of Greeneville, Tenn., for $83 million in cash and the assumption of $15.5 million in debt. Read more...
06 Jul Amazon to Open 60,000 Square Foot Oklahoma Warehouse Additional permit applications filed this week show continued work to add an Amazon Delivery Center to the company’s growing Oklahoma City, Okla., presence. Read more...