22 Feb Platinum Equity Acquires Toronto Customs Brokerage Firm Platinum Equity has acquired Livingston International, a Toronto-based firm that specializes in customs brokerage, freight forwarding and trade consulting, according to the Beverly Hills, Calif., investment firm. Read more...
22 Feb Daimler Joins BMW in Bid to Be a Force in Ride-Hailing Sector Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc. Read more...
22 Feb BNSF Plans $400 Million in Upgrades to Texas Rail System Fort Worth-based BNSF Railway Co. will spend $405 million this year to upgrade its rail system running throughout Texas. Read more...
22 Feb Exxon Partners With Microsoft to Boost Permian Oil Production Exxon Mobil Corp. is partnering with Microsoft Corp. to crunch trillions of bits of data as the oil titan seeks to more than triple shale-oil production in the Permian Basin in less than a decade. Read more...
21 Feb FMCSA Formally Ends Its Driver Diabetes Exemption Program The Federal Motor Carrier Safety Administration on Feb. 21 formally announced the immediate end of its exemption process for the medical certification of insulin-dependent truck and bus drivers. Read more...
21 Feb Driver-Shipper Relationships Rely on Respect, Communication NASHVILLE, Tenn. — Communication and respect can ease relationships between truck drivers and shippers, according to panelists gathered at the 2019 Retention and Recruitment Conference on Feb. 21. Read more...
21 Feb Young Drivers Discuss Industry Image, Recruitment Tips NASHVILLE, Tenn. — Drivers can dispel negative perceptions about the trucking industry by demonstrating professionalism, regardless of whether they are on the road or interacting with customers, according to three young truckers. Read more...
21 Feb Editorial: Searching for the Stars A viable remedy to one of trucking’s most vexing problems is at the industry’s fingertips, but current federal law stands in the way. The problem, if you haven’t guessed, is the driver shortage. The remedy, if you haven’t guessed, is bringing younger drivers into the fold. Read more...
21 Feb Americold Completes First Year as Public Company With Solid Financial Results Warehouse operator Americold completed its first year as a public company by reporting solid gains in revenue and higher operating profits in the fourth quarter of 2018. Read more...
21 Feb Amazon.com 'Insourcing' Roils Freight Industry, Analysts Say Amazon.com Inc.’s role in the shuttering of New England Motor Freight and the “body blow” dealt to XPO Logistics Inc. is raising alarms for trucking and logistics firms that do business with, or compete against, the popular online retailer. Read more...