20 Feb Should Your Company Be on Our Top 50 Logistics List? Should your company be listed on our prestigious 2018 Top 50 Logistics company rankings? Or perhaps on one of our sector lists? Last call! Click here for consideration. Read more...
20 Feb Caltrans Announces $173 Million for Local Transportation Projects The California Department of Transportation recently awarded a series of grants to local and regional agencies through the Road Repair Accountability Act of 2017. Read more...
20 Feb Ballard Fuel Cells to Power Large Deployment of Chinese Trucks Ballard Power Systems Inc. announced the planned deployment of 500 licensed fuel-cell electric commercial trucks in Shanghai, purportedly the largest of its kind in the world. Read more...
20 Feb Diesel Price Declines 3.6¢ a Gallon The U.S. retail diesel average declined 3.6 cents to $3.027 a gallon, the Department of Energy reported Feb. 20. Read more...
20 Feb American Idol Winner Taylor Hicks to Perform at Grand Opening of Alabama Intermodal Facility Alabama native Taylor Hicks will perform at the grand opening celebration of the Birmingham Intermodal Facility downtown. Read more...
20 Feb For First Half of 2018, Port of Virginia Volume Growth Projected to Be Strong The Port of Virginia’s import-container business for the first half of 2018, compared with the same period last year, is projected to outpace that of the nation’s major retail container ports overall, according to the Washington, D.C.-based National Retail Federation, the world’s largest trade group, and Hackett Associates, a consulting firm. Read more...
20 Feb Morgan Truck Body to Open $19 Million Connecticut Factory The Connecticut Bond Commission on Feb. 16 approved a $4 million loan to Morgan Truck Body, which builds dry freight and refrigerated truck bodies for companies throughout the country. The company plans to construct a $19 million manufacturing plant that is expected to create more than 100 new jobs, according to bond commission minutes. Read more...
20 Feb Steamship Line Hapag-Lloyd Raises Fees Steamship line Hapag-Lloyd will increase fees to transport freight to the United States and cross-border freight from Canada. Cargo between Canada and the United States will be subject to a carbon tax. Read more...
20 Feb World’s Biggest Container Liner Looks for Deals Outside Shipping The world’s largest container company will start looking for takeover targets outside the shipping industry as it tries to pre-empt a new competitive landscape in which customers are morphing into rivals. Read more...
20 Feb Commodities Shipper Seeks $150 Million to Start Digital Coin The shipping agency that struck the first freight deal settled in Bitcoin is now seeking $150 million to launch its own cryptocurrency. Read more...