While Arizona has had a large presence in the aerospace and defense sectors dating back to the 1980s, the state is becoming a hub for makers of electric vehicles, batteries and semiconductors. Some of the latest wins for!-->…
Canadian transportation company TFI International Inc. said Monday it has acquired Canadian LTL carrier Siemens Transportation Group (STG) and U.S.-based LTL provider Hot Line Freight Systems. Terms of the transactions were!-->…
It’s hard to deny the soft economic conditions over the last year have created headwinds in transportation, and cutting-edge industries like autonomous trucking have not been spared. Despite these economic obstacles,!-->!-->!-->…
WASHINGTON — The Federal Motor Carrier Safety Administration has named representatives from the trucking industry to assess the prevalence of predatory leasing agreements by carriers against owner-operators and follow up!-->…
FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE: FDX), will close 29 service locations in the U.S. as part of an ongoing efficiency drive. The closures will occur by Aug. 13, the unit said Monday. The!-->…
The diesel price benchmark used for setting most fuel surcharges is getting closer to a number it has not seen for about 15 months. With a 5.9-cent decline posted Monday, the latest Department of Energy/Energy Information!-->…
Economic activity in manufacturing contracted in April for the sixth consecutive month, according to the latest ISM Manufacturing Report. The good news is that the April Manufacturing PMI of 47.1% was 0.8 percentage points!-->…
FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
Diesel prices fell by an average of 5.9 cents a gallon in the past week to flirt with the $4 a gallon mark, settling at $4.018 a gallon, according to the Energy Information Administration.
Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.
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