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Uber Freight’s $851M payout to Greenbriar highlights creative deal structures
Managed transportation and technology provider Uber Freight’s (NYSE:UBER) conclusion in October of an $851 million payout to Greenbriar Equity Group effectively ended the structured investment relationship established in…
Owner and head of LTL carrier elected mayor of Portland
The next mayor of Portland, Oregon, is a trucking company owner. Keith Wilson, owner and CEO of Portland-based less-than-truckload carrier Titan Freight Systems, won a nonpartisan election that was decided by ranked-choice…
FreightCar America revenue, deliveries higher in Q3
Railcar builder FreightCar America posted a loss of $107 million, or $3.57 per share, in the third quarter and revenue of $113.3 million on deliveries of 961 railcars, compared to revenue of $61.9 million on 503 railcar…
Freight fraud is a massive problem: It’s time to steal an idea from the credit card industry
Freight fraud has become one of the most pressing issues in the logistics sector. What once was a domain of petty crime has now escalated into a sophisticated network often connected with offshore criminal organizations,…
The Best New Restaurants in America
Scott Suchman This year, we found ourselves blissfully forgetting about the world outside the dining room, and settling into meals that felt exciting, confident, and joyful Dining out should be a lot of things — nourishing,…
Home Depot’s Q3 Results Top Expectations
Home Depot continued to deal with a pullback in spending from customers in fiscal Q3, but it was less severe than in the past, and its performance beat Wall Street’s expectations.
Business Groups Urge Trudeau to End Canada Port Lockouts
Business groups are urging Justin Trudeau’s government to put an end to labor strife at Canada’s largest ports, as it did with railways in August, to avoid chaos in the supply chains.
The Best Way to Test a Cookbook? Try It at a Restaurant
Lille Allen/Eater Cookbook authors are collaborating with chefs to turn their recipes into restaurant experiences After seeing posts from Agi’s Counter in New York City pop onto his Instagram Explore page, chef Jeremy Fox…
A New Initiative Hopes to Make Restaurants More Welcoming for Breastfeeding Parents
The Lactation Network set out to establish a set of standards for restaurants to implement to ensure that they’re being welcoming to breastfeeding parents. | Courtesy of the Lactation Network The Lactation Network’s new…
Pup Trailers Can Help Fleets Improve Efficiency, Lower Costs
Trucks pulling two 28-foot trailers, or “pups,” are common throughout the LTL industry. However, federal limitations and state regulations limit adoption of longer combination vehicles.
