The most ambitious rail project of California’s future is increasingly dependent on the cooperation of the very railroad that shaped the state’s past — and there are signs their relationship is growing strained.
August 6, 2018Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Oil Companies Fret as Congress Debates Russia Sanctions
WASHINGTON — Oil and gas executives have watched wearily in recent years as the relationship between the United States and Russia deteriorated, steadily closing off their ability to drill the vast shale plays underlying Siberia and the deep-water oil fields off Russia’s Arctic coast.
August 3, 2018U.S. Xpress Revenue Grows 21.4% in Past Year
A three-year turnaround in the operations and culture at U.S. Xpress Enterprises helped the Chattanooga, Tenn., trucking firm raise more than $250 million in an initial stock offering in June and deliver its best operating ratio in two decades this spring.
August 3, 2018Fiat Chrysler’s Magneti Marelli to Acquire Self-Driving Tech Startup
Magneti Marelli, a components business that is part of Fiat Chrysler Automobiles, plans to acquire a French startup focused on self-driving car technology.
August 2, 2018Sacramento Partners With Self-Driving Firm for Driverless Tests on City Streets
Sacramento has signed a deal with a Silicon Valley firm to use downtown streets as a testing ground for self-driving vehicles that will be monitored by remote “drivers” sitting at computers.
August 2, 2018Schumer Calls for More Inspectors After Concrete Falls From Rail Bridge
Sen. Charles Schumer (D-N.Y.) called on the Federal Railroad Administration to increase the number of independent inspectors that examine rail bridges.
August 2, 2018ArcBest Reports Historic Second-Quarter Revenue
ArcBest Corp. reported second-quarter 2018 revenue of $793.4 million compared with second-quarter 2017 revenue of $720.4 million.
August 1, 2018Vancouver Port Celebrates Completion of Freight Rail Project
Port of Vancouver administrators, along with political and industry leaders, stood atop a small stage in a largely vacant marine terminal the morning of July 31 to celebrate the completion of the $251 million West Vancouver Freight Access project.
August 1, 2018Marathon Reports $1 Billion in 2Q Earnings
Marathon executives touted earnings of more than a billion dollars in the second quarter this year and said the oil company is making progress in a proposed merger with a Texas-based refiner.
August 1, 2018Truckers Say Port Everglades Terminal Boycott Still Possible
As the Aug. 1 deadline for a potential boycott looms, disagreements persist between members of the South Florida trucking community and Port Everglades Terminal LLC.
July 31, 2018