26 Jun Americold Abandons Plan to Build Warehouse on Maine Waterfront International cold-storage company Americold has abandoned a plan to build a massive refrigerated warehouse on the Portland, Maine, waterfront. Read more...
26 Jun Teamsters Retirees Told Pensions Hinge on Government Intervention This is it: the last, best chance to save your pension payments, Teamsters and Central State Pension Fund leaders told a crowd of retirees June 23 at the Independence Event Center in Independence, Mo. Read more...
26 Jun Transportation Partners Expands Wind Farm Capabilities Transportation Partners & Logistics purchased two new cranes that it will use to transport oversized and overweight cargo. Read more...
26 Jun VW Mobility Chief Ole Harms Says Self-Driving Cars Core to Plan Volkswagen AG’s fledgling Moia mobility unit is betting on the rise of self-driving cars to deliver on its plan to catch up with ride-hailing leaders such as Uber Technologies Inc. without burning through piles of cash. Read more...
26 Jun Eaton to Invest $500 Million in New eMobility Business Power management company Eaton Corp. announced plans to invest $500 million over the next five years in its new eMobility business to develop smart diagnostic technologies, intelligent power electronics and predictive monitoring for a range of electrified vehicles. Read more...
26 Jun California Gov. Jerry Brown Set to Fight Repeal of New Gas Tax Californians will vote in November on a ballot proposition that would repeal a new gas tax and vehicle fees, saddling Gov. Jerry Brown with a final challenge to preserve a key part of his legacy before leaving office. Read more...
26 Jun Rand McNally’s New Motor Carriers’ Road Atlas Released Mapping company Rand McNally published the 2019 Motor Carriers’ Road Atlas with updates and enhancements on truck-specific routes, weigh station locations, toll systems and more. Read more...
25 Jun Diesel Slides 2.8¢ to $3.216 a Gallon The U.S. average retail price of diesel fuel fell 2.8 cents to $3.216 a gallon, the fourth week in a row of declines, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration. Read more...
25 Jun Phillips Connect Technologies Acquires Polish Electrical Components Company Phillips Connect Technologies, a business of Phillips Industries, completed the purchase of Fortech Poland, a manufacturer and distributor of quality 24-volt electrical connectors and cables for commercial vehicles with a broad and established customer base primarily in the European Union market. Read more...
25 Jun Uberizing the Truck Industry in United Arab Emirates The idea of TruKKer was born at a dinner table when Gaurav Biswas realized how hard it was to find a suitable truck at the right time at a reasonable cost. He was quick to spot a lucrative gap in the market, and the region’s first and fastest growing truck aggregator was born. Read more...