An Illinois lawmaker has introduced a bill that proposes turning a segment of Interstate 80 outside Chicago into a tolled route.
April 9, 2019Search
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Ryder to Shutter California Distribution Center, Lay Off 145 Workers
Trucking and logistics company Ryder System will cease operations at its Moreno Valley, Calif., distribution center, leading to layoffs for 145 employees there.
April 8, 2019Mexico Border Wait Times Spike as Trump's Threats Slow Traffic
The southern border isn’t closed, but already it’s a mess for trucks hauling goods from Mexico to the United States, snarling traffic at some of the busiest frontier crossings in the world.
April 8, 2019Old Dominion Freight Line Unveils Interactive Signage at Mets’ Citi Field
Old Dominion Freight Line is upping its advertising game this season with the New York Mets. The company partnered with Chicago-based Czarnowski to create a three-dimensional replica of an ODFL tractor-trailer at Citi Field.
April 4, 2019Cynosure Invests in Visible Supply Chain Management
Visible Supply Chain Management has received an unspecified equity investment in its business from The Cynosure Group, an investment firm controlled by the Eccles family in Salt Lake City, according to a statement released April 3.
April 4, 2019Trump Threatens Car Tariffs on Mexico Over Drug Flow Across Border
President Donald Trump retreated from threats to immediately close the border with Mexico over migration, instead abruptly pivoting April 4 to a new demand: that the Mexican government stop the flow of illegal drugs into the U.S. within a year or face car tariffs.
April 4, 2019XPO Logistics to Launch Enhanced Last-Mile Capabilities Online
XPO Logistics Inc. will launch expanded last-mile capabilities on its XPO Connect digital freight marketplace, company officials said.
April 4, 2019Carmakers Sell More to Rental Companies as Retail Demand Weakens
Stronger-than-expected new car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.
April 4, 2019Tech Investor Iconiq Buys Majority Share of Truckstop.com
A private equity firm known for investing in tech companies such as Uber and SurveyMonkey has made a significant investment in Truckstop.com, an Idaho-based load board and freight-matching service, continuing the trend of private investment dollars flowing into trucking tech firms.
April 4, 2019Investment Firm Regains Ownership of GlobalTranz
GlobalTranz Enterprises has struck a deal with Providence Equity Partners to acquire the business from The Jordan Co. in a move designed to provide additional financial support for the company’s aggressive growth strategy.
April 4, 2019