14 Jan YRC Worldwide Provides Mixed Initial Look at 4Q Earnings YRC Worldwide Inc., a holding company for less-than-truckload carriers, in its initial look at fourth-quarter results forecast flat operating revenue with operating income possibly coming in more than twice as high as a year earlier. Read more...
14 Jan TRB Leaders Unveil Critical Issues WASHINGTON — Transportation Research Board executives unveiled their list of critical issues at the group’s annual meeting Jan. 14. Read more...
14 Jan Petroleum Industry Meeting World Demand While Polluting Less, Institute Reports The U.S. petroleum industry is meeting record world demand while decreasing the amount of carbon emissions released into the skies, but challenges lie ahead if it hopes to maintain that momentum, according to the American Petroleum Institute’s annual report, “State of American Energy 2019.” Read more...
14 Jan Communication, Teamwork Necessary to Adopt Autonomous Technology, Experts Say at TRB WASHINGTON — Cooperation from both private sector and federal partners can ease the process for states that are in the midst of adopting automated technology, according to Washington State Transportation Secretary Roger Millar. Read more...
14 Jan Greenbrier Reports Lower 1Q Net Income, Higher Revenue as Orders Soar Nearly 70% The Greenbrier Cos. reported lower net income and higher revenue for its fiscal 2019 first quarter amid strong orders for double-stack intermodal units, tank cars and heavy-duty flat cars. Read more...
14 Jan Motorcar Parts of America Acquires Dixie Electric Motorcar Parts of America Inc., a remanufacturer, manufacturer and distributor of automotive aftermarket parts, has acquired heavy-duty rotating electrical products company Dixie Electric, according to a Jan. 10 press release. Read more...
14 Jan TForce Announces Enhanced Technology Platforms TFI International Inc. subsidiary TForce has created new software and systems to cover the entire third-party logistics process from demand creation through delivery and carrier/driver settlement, according to a TForce statement. Read more...
14 Jan NationaLease Acquires Advantage Truck Leasing Lesher Leasing Inc., a truck leasing company doing business as NationaLease, announced it has bought Advantage Truck Leasing, according to a company release. Read more...
14 Jan Britton Transport Acquires Ace Logistics, C&C Realty Britton Transport, a cross-border transport and logistics operator, has made two acquisitions related to refrigerated hauling. Read more...
13 Jan Growth in Same-Day Delivery Set to Explode, Experts Say WASHINGTON — Time-sensitive delivery is here to stay, and that will change methods of freight movement, said one expert speaking at the Transportation Research Board’s annual meeting. Read more...