27 Feb New York City Girds for Possible Congestion-Pricing Changes Under the plan sketched out Feb. 26, electronic-tolling devices would be installed around the district south of 61st Street by 2020, with discounts for off-peak travel. Uber Technologies Inc. is among those supporting the push for so-called congestion pricing. Read more...
27 Feb Lowe’s Posts Solid 4Q Results as Rival Home Depot Stumbles It was a cold winter for Lowe’s Cos., but sales largely held up. And now, CEO Marvin Ellison said demand for home improvement goods is starting to heat up, one day after rival Home Depot Inc. reported results that fell short. Read more...
27 Feb ATA Among Members of New USMCA Coalition President Donald Trump’s trade agreement with Canada and Mexico received a significant endorsement as more than 200 companies and associations representing freight and farming stakeholders urged Congress to pass the deal. Read more...
27 Feb Omnitracs Aims to Boost Fleet Efficiency by Migrating to ‘Cloud-Native’ Platform DALLAS — Omnitracs has embarked on a mission to reduce wasted time and inefficiency in trucking by harnessing the latest advances in cloud computing and software design. Read more...
26 Feb Apax VIII to Sell Entire Stake in Insurance Broker AssuredPartners Apax VIII, a fund advised by Apax Partners, will sell its entire stake in insurance broker AssuredPartners to an investor group led by Chicago-based private equity firm GTCR, according to AssuredPartners’ news release. Read more...
26 Feb TransForce Continues Expansion Trend by Acquiring USA Drivers TransForce Inc. purchased USA Drivers, an Atlanta regional staffing agency, according to a TransForce news release. The acquisition was TransForce’s 14th since 2013. Read more...
26 Feb Lineage Logistics Buys Preferred Freezer Services Refrigerated storage company Lineage Logistics of Novi, Mich., said it has agreed to purchase Preferred Freezer Services, a network of temperature-controlled cold storage warehouses based in Chatham, N.J. Read more...
26 Feb TravelCenters of America Reports Mixed 4Q, Annual Results TravelCenters of America, the nation’s only publicly traded truck stop network, reported a narrowed loss in fourth-quarter net income but an increase in revenue. Read more...
26 Feb Grocery Delivery Helps Costco Edge Amazon in Consumer Satisfaction Survey Costco Wholesale Corp. may be a latecomer to e-commerce, but consumers love it even more than Amazon.com, according to a customer satisfaction survey released Feb. 26. Read more...
26 Feb Autonomous Advancements Present Opportunities for Drivers, Experts Say SAN DIEGO — Autonomous mobility experts said that the technology can open up new opportunities for drivers, noting that as progress on greater levels of automation expands over time, drivers will have chances to capitalize on that change. Read more...