05 Nov Republican Leaders Continue to Press Action on USMCA Supporters of the new United States-Mexico-Canada Agreement continue to pressure lawmakers on Capitol Hill to proceed with a vote on the trade deal, which was signed last year. Read more...
05 Nov Jack Cooper Exits Bankruptcy Jack Cooper Holdings Corp. has exited its Chapter 11 bankruptcy proceedings, the auto-hauling logistics company said Nov. 4. Read more...
05 Nov Trudeau: Canada to Resume Pork, Beef Shipments to China Canada will resume shipments of pork and beef to China, Prime Minister Justin Trudeau said, signaling the Asian nation has lifted an import ban imposed earlier this year. Read more...
05 Nov US Services Companies’ Growth Rebounds in October WASHINGTON — Growth in the vast U.S. service sector rebounded in October after sinking to a three-year low in September, causing concern for investors and economists. Read more...
05 Nov Roadrunner Sells Intermodal Business to Universal Logistics for $51 Million Roadrunner Transportation Systems has sold its intermodal business to Universal Logistics Holdings for $51.25 million in cash, the transportation and asset-light logistics company announced Nov. 5. Read more...
05 Nov Meritor Offers New e-Axles for Global Market ATLANTA — Meritor Inc. announced it expanded its electric drivetrain business and developed friction material with reduced levels of copper ahead of the regulatory deadline, launched an air disc brake package and enhanced certain axles. Read more...
05 Nov Kansas DOT Selects 22 Projects Through Cost Share Program State leaders recently announced 22 projects have been selected as part of the Kansas Department of Transportation’s Cost Share Program, which is meant to provide funding for transportation initiatives. Read more...
05 Nov Shell to Buy French Offshore Wind-Power Developer Royal Dutch Shell Plc has agreed to buy French offshore wind developer Eolfi SA, continuing its expansion into renewable power. Read more...
05 Nov TFI Reports Revenue Up 1% in Q3 TFI International Inc. reported higher revenue in the third quarter of 2019, while profits ticked downward. Read more...
05 Nov TA Posts Strong Q3 Results TravelCenters of America Inc. reported strong third-quarter earnings when the Westlake, Ohio-based company announced its financial results Nov. 5. Read more...