07 Jul Crossroads Trailer Acquires Northcutt Great Dane dealership Crossroads Trailer announced it acquired Northcutt, a trailer sales-and-service operation in Wichita, and Garden City, Kan., that was founded in 1965. Read more...
07 Jul CSX Renews Bid for Approval to Add 1,200 Miles of New England Rail Lines Railroad giant CSX Corp. has struck a new deal to help settle rival Norfolk Southern Railway’s objections to its delayed plan to take over almost 1,200 miles of New England railways. Read more...
07 Jul Western Fires Halt Hundreds of Canada Railcars, Slowing Exports Hundreds of railcars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of exports and delaying imports. Read more...
06 Jul Truck Parking, Freight Policies Included in House Highway Bill A multiyear highway policy bill recently approved in the U.S. House of Representatives would fund a comprehensive truck parking initiative, and pave the way for the adoption of other freight-centric programs. Read more...
06 Jul Diesel Rises 3.1¢ to $3.331 a Gallon The national average price for a gallon of diesel rose 3.1 cents to $3.331 a gallon, according to Energy Information Administration data released July 5. Read more...
06 Jul California Transportation Commission Invests $1.18 Billion in Infrastructure Projects The California Transportation Commission has allocated $1.18 billion for infrastructure projects throughout the state. Read more...
06 Jul L.A. Port Hits Milestone for Processing Containers The Port of Los Angeles became the first port in the Western Hemisphere to process 10 million container units in a 12-month period, reaching the milestone on June 10. Read more...
06 Jul Fuel Use Tops Pre-Virus Level Heading Into Holiday U.S. gasoline consumption in the week leading up to the Independence Day holiday may have been the highest since 2019, adding to signs of recovery from the pandemic travel slump, analysts said. Read more...
06 Jul Biden Administration ‘Encouraged’ by Ongoing OPEC Talks Biden administration officials are “encouraged” by ongoing OPEC talks and have spoken with officials in Saudi Arabia and the United Arab Emirates in hopes of reaching an agreement to stem the rise in crude prices, White House Press Secretary Jen Psaki said. Read more...
06 Jul Knight-Swift Transportation Acquires AAA Cooper Knight-Swift Transportation Holdings has announced a deal to acquire less-than-truckload specialists AAA Cooper Transportation. Read more...