06 Mar TFI International Acquires Schilli, Toronto Tank Lines TFI International Inc., one of the largest trucking and logistics companies in the United States and Canada, is making moves in the tanker business, snapping up two trucking companies in February. Read more...
05 Mar Senate Commerce Panel Chief Roger Wicker Critical of Green New Deal Add Sen. Roger Wicker to the list of senior Republicans coming out against Democrats’ ambitious progressive environmental policy manifesto referred to as the Green New Deal. Read more...
05 Mar Maryland, CSX Apply Again for Federal Funding for Baltimore Tunnel Project Maryland and CSX Transportation have submitted another application for federal money to heighten the Howard Street Tunnel in Baltimore so it can fit shipping containers stacked two high on freight trains — a project long sought by the Port of Baltimore, officials announced March 4. Read more...
05 Mar Target Soars as Rosy Full-Year Outlook Follows Brisk Holiday Sales Target Corp. jumped the most in more than two months as it followed up strong holiday sales with upbeat projections for the current year, distancing itself from the travails of mall-based department stores. Read more...
05 Mar Trump Plans to End Key Trade Preferences for India, Turkey President Donald Trump announced plans to end key trade preferences for India and Turkey, in the latest move by the United States to counter what it calls unfair trade practices. Read more...
05 Mar Improving Infrastructure Can Cut Fuel Costs, Aid Environment, ATRI Study Finds The nation can conserve fuel and reduce emissions by improving highway infrastructure, according to a report by the American Transportation Research Institute. Read more...
05 Mar American Trailer Rental Group Expands American Trailer Rental Group, signaling its aggressive growth strategy, has acquired Fleet Trailer Leasing in Kansas City, Kan. Read more...
05 Mar JPMorgan Chase: Tax Refunds Often Reset Consumers’ Finances Refunds have averaged $3,602, and amount to the biggest incoming cash flow day of the year for 29% of recipients, according to the institute’s study of bank and credit card customer data from 2015-17, before the 2017 Republican tax law took effect. Read more...
05 Mar Volvo Self-Driving Buses Set for Singapore Volvo AB is ready to start trialing full-size driverless buses in Singapore, helping the city state take a step forward in the race to deploy autonomous public transport. Read more...
05 Mar Musk Blindsided Tesla Staff With Store Wind Down, Sources Say Tesla Inc. CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter. Read more...