The federal agency that manages dams along the Missouri River received stern criticism from several U.S. senators earlier this month during a hearing held to examine the massive flooding that caused more than $3 billion in damage in the Midwest.
April 17, 2019Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Amazon Is Said to Prepare Closing of Chinese E-Commerce Store
Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter.
April 17, 2019Growth Continues, but Risk of Recession Looms Larger, Economist Says
ORLANDO, Fla. — Freight brokerage and third-party logistics firms can expect another year of positive business growth before facing an increased threat of recession, according to economist Noel Perry.
April 17, 2019FMCSA Grants Ag Haulers a Five-Year Exemption Permitting New Cargo Securement Techniques
Federal regulators have granted a five-year exemption to the Agricultural & Food Transporters Conference of American Trucking Associations, clearing a variety of alternative methods to secure agricultural commodities grouped into large singular units.
April 17, 2019PepsiCo Shares Climb to Highest on Record
Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.
April 17, 2019Virginia Lawmakers Approve Gov. Ralph Northam’s Funding Plan for I-81
Virginia’s General Assembly has approved Gov. Ralph Northam’s fundraising suggestions for Interstate 81 improvements.
April 17, 2019Americold Agrees to Acquire Cloverleaf Cold Storage
Americold Logistics has agreed to buy Cloverleaf Cold Storage for $1.24 billion, a move that ramps up a trend toward consolidation in the refrigerated warehousing sector.
April 16, 2019Canadian National Rail Pledges $80 Million for Minnesota Improvements
Canadian National Railway plans to invest more than $80 million in Minnesota this year — spending it, they said, would strengthen the company’s rail network across the state.
April 16, 2019New York Looking to Extend Port Authority to Buffalo
Instead of unloading the containers at the New York port and putting them on trucks there, the idea is to unload the containers onto a train that would take them to Buffalo.
April 16, 2019As Trade War Simmers, US Soybean Shipments Hit One-Year Low
Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal.
April 15, 2019