09 Aug Mammoth Energy Services Expands Operations One of Oklahoma’s fastest-growing companies, Mammoth Energy Services, continued to expand in the second quarter, buying up two more companies and securing new contracts throughout the country. Read more...
09 Aug Titanium Transportation Reports Higher Profit, Revenue in Second Quarter Titanium Transportation Group more than doubled its profit in the second quarter of 2018 compared with the first quarter as the company reaped the benefits of a strong freight market. Read more...
08 Aug Rock-It Cargo Sells Majority Stake to ATL Partners Private equity firm ATL Partners has purchased a majority stake in specialty freight and logistics company Rock-It Cargo, as well as its subsidiary Rich Forwarding Limited. Read more...
08 Aug Cummins Takes Over Lead in Heavier Class 8 Engines Independent engine maker Cummins Inc. supplied the most diesel engines used in Class 8 trucks in North America in the first half of 2018, as it did a year earlier, although its overall market share dipped, WardsAuto.com reported. Read more...
08 Aug Pilot Flying J Expands Into Oil Exploration and Production Business Pilot Flying J is expanding its business portfolio with a move into the water, sand and crude oil-hauling business. Read more...
08 Aug Environmental Services Companies File Joint HOS Exemption Request Four environmental services companies have submitted a joint application for exemption from hours-of-service regulations to the Federal Motor Carrier Safety Administration. Read more...
08 Aug XPO Opens Final-Mile Distribution Hub in Toronto XPO Logistics has expanded its home-delivery business in Canada with the opening of a 50,000-square-foot distribution hub in Toronto. Read more...
08 Aug Senate’s Summer Agenda Includes FAA Bill, Republican Leaders Say An aviation policy bill that includes a meal-and-rest-break provision pertaining to truckers is among the measures awaiting debate when the U.S. Senate returns from a shortened summer break on Aug. 15, according to the chamber’s Republican leadership. Read more...
08 Aug China Says It Will Match 25% Tariff on $16 Billion of US Goods Aug. 23 China confirmed that it will impose 25% additional tariffs on $16 billion worth of imports from the United States from Aug. 23, matching an earlier move from Washington in another ratchet higher for the trade war between the nations. Read more...
08 Aug Uber Doubles Down on Freight Business Although Uber Technologies Inc. recently halted its self-driving truck program, the ride-hailing pioneer is doubling down on its Uber Freight load-matching business and announced that Otto co-founder and former Uber executive Lior Ron will rejoin the company to run that unit. Read more...