24 Jan USDOT: Surface Transportation Agencies Continue as Normal During Shutdown More than a month into a partial government shutdown, the U.S. Department of Transportation indicates that it’s business as usual for trucking regulators and officials responsible for the country’s surface transportation network. Read more...
24 Jan Union Pacific, CSX, Reflect Solid Economic Growth OMAHA, Neb. — The economy appears strong to the major freight railroads that haul the products and raw materials companies rely on, but the lingering trade disputes could derail business if they continue. Read more...
24 Jan Appeals Court Rejects Challenge to California’s Low-Carbon Fuel Standard An appeals court has rejected a challenge by a group of trade and energy organizations to block California’s low-carbon fuel standard aimed at reducing the rate of greenhouse gas emissions in the state’s transportation sector. Read more...
24 Jan Railcar Loads for Canadian Oil Hit Record Amid Pipeline Bottleneck Heavy Canadian crude isn’t getting cheaper, but that hasn’t stopped companies from splurging on costly rail shipments. Read more...
24 Jan CARB Aggressively Pursues Tougher NOx and PM Emissions Reductions California environmental regulators are aggressively moving forward with plans to require significant reductions in nitrogen oxides and particulate matter emissions for heavy trucks, improvements in “real time” on-board diagnostics, and lengthening the “useful life,” durability and warranty periods for heavy trucks. Read more...
24 Jan Renault Reshapes Executive Team After Carlos Ghosn’s Resignation Renault SA named a new leadership team hours after Carlos Ghosn resigned as chairman and CEO from a prison cell in Japan, where he has been held for more than two months. Read more...
24 Jan Virgo Invests in Indoor Farming Company 80 Acres Farms Virgo Investment Group has made a “significant” investment in 80 Acres Farms, a Cincinnati-based indoor farming company, according to a Jan. 15 press release. Financial terms were not disclosed. Read more...
24 Jan Wabash Sells Aviation and Truck Equipment Business Wabash National Corp., a producer of semi-trailers, truck bodies and liquid transportation systems, announced the immediate sale of its aviation and truck-equipment business to Garsite Progress. Read more...
24 Jan Sunoco Announces Fuel-Distribution Acquisition, Divestiture of Ethanol Facility Sunoco has acquired the wholesale fuel-distribution business from Schmitt Sales as well as certain convenience store locations from Speedway to turn into wholesale distribution sites. Read more...
24 Jan US Sanctions on Venezuelan Oil Could Benefit China, India If the United States decides to deploy a slate of sanctions that it is said to have drafted against the Latin American nation, American refiners would be forced to cease purchases. That may mean more supply becomes available for the OPEC producer’s other big customers: China and India. Read more...