10 Feb UPS Escalates Reliance on Solar Energy UPS Inc. announced a significant escalation of its investment in solar energy as an owner/operator of solar assets starting with at least eight of its facilities in the United States. Read more...
10 Feb Infrastructure Funding Increases Needed at Seaports, Ports Association Says Infrastructure proposals congressional Republican leaders and the Trump administration come up with this year should prioritize funding for improvement projects along seaports, the group representing the country's ports indicated this week. Read more...
10 Feb CSX Is Said to Hit Obstacle in CEO Negotiations With Harrison CSX Corp. and Hunter Harrison have discussed a three-year contract for the railroad veteran to take over as CEO, but the deal has bogged down over details on how to support his plan to turn around the company, according to a person familiar with the situation. Read more...
10 Feb Sanity Returning to Shipping as Freight Rates Gain, Maersk Says The bankruptcy of South Korean ocean carrier Hanjin Shipping Co. and consolidation in container shipping will pave the way for a better 2017 for the industry, according to Robbert van Trooijen, the Asia-Pacific chief of Maersk Line. Read more...
10 Feb Old Dominion Moves Mets, Angels, Royals to Spring Training Old Dominion Freight Line Inc. helped four Major League Baseball teams prepare for spring training, hauling equipment for three to Florida and one to Arizona. Read more...
10 Feb Celadon Delays Earnings Report Due to Lawsuit Celadon Group Inc. will delay filing a quarterly earnings report with the Securities and Exchange Commission because of a court ruling against the trucking company. Read more...
10 Feb Consumer Sentiment Cooled in February on Views of Finances Consumer confidence retreated in February from a 13-year high, as Americans tempered expectations of their finances and the economy. Read more...
10 Feb Import Prices Rise in January, Boosted by Energy Products U.S. import prices rose in January more than expected amid further gains in the cost of energy products, but a strong dollar continued to dampen underlying imported inflation. Read more...
09 Feb Mack Extends Oil Drain Intervals With Proprietary Oil Mack Trucks announced extended engine oil drain intervals for customers using its newly formulated genuine Mack engine oil EOS-4.5. Read more...
09 Feb Industry Joins to Create Class 8 Truck to Support Truckers Against Trafficking In an effort to further educate and fund efforts against human trafficking, Inland Kenworth, Tolleson, Arizona, has put together a distinctively designed "Everyday Heroes" Kenworth T680 truck in conjunction with Truckers Against Trafficking; platinum sponsors Kenworth Truck Co. and Ritchie Bros.; along with other leading industry suppliers Read more...