03 Mar Majority of Promising AI Startups Are Still Based in the US The most promising startups using artificial intelligence are U.S.-based companies working in the fields of health care, retail and transportation, according to a study that looked at budding AI companies around the world. Read more...
03 Mar Nikola Plans Merger With Publicly Traded VectoIQ Acquisition Corp. Nikola Corp. announced plans to merge with VectoIQ Acquisition Corp., a publicly traded special-purpose acquisition company, to speed up Nikola’s production of zero-emissions commercial vehicles. Read more...
03 Mar CRST Buys New Jersey-Based Final-Mile Logistics Company NAL Group CRST International has acquired NAL Group, a final-mile logistics company headquartered in Edison, N.J. Read more...
03 Mar Bayonne Bridge Expansion Pays Big Dividends for Port of N.Y.-N.J. Nearly a year after the Port of New York and New Jersey rededicated the raised Bayonne Bridge over the Kill Van Kull tidal strait connecting Bayonne, N.J., with Staten Island, N.Y., officials say the project is paying big economic dividends. Read more...
02 Mar 140 Vehicles Involved in Two Wyoming I-80 Pileups; Three Dead RAWLINS, Wyo. — At least three people died and dozens were injured in a pileup involving more than 100 vehicles, many of them tractor-trailers, amid blowing snow that closed part of Interstate 80 in Wyoming, officials said March 2. Read more...
02 Mar American Trailer Group Completes Acquisition in Texas American Trailer Rental Group announced it completed the acquisition of Dallas-based Advantage Trailer Leasing, with operations across Texas in Houston, San Antonio, Austin and Longview. Read more...
02 Mar FMCSA Announces Plans for March 19 Safety Summit The Federal Motor Carrier Safety Administration is planning a Safety Summit on March 19 for motor carriers, drivers, safety technology developers and users, federal and state partners, and safety advocate groups to share ideas on improving truck safety. Read more...
02 Mar TA Reports Mixed Q4, Full-Year Results TravelCenters of America reported fourth-quarter net income with a significant increase in fuel gross margin, but revenue dipped. It posted similar full-year results. Read more...
02 Mar Diesel Falls 3.1¢ to $2.851 Per Gallon The U.S. average retail price of diesel fell 3.1 cents to $2.851 per gallon, the Department of Energy reported March 2. Read more...
02 Mar Amtrak Names Former Air Cargo Executive as New CEO Amtrak named a former air cargo executive as its new president and chief operating officer March 2. Read more...