WASHINGTON — President-elect Donald Trump on Nov. 22 named Oregon Rep. Lori Chavez-DeRemer to lead the Department of Labor in his second administration.
November 25, 2024Search
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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..
OPEC+ Has Little Room to Revive Oil Supply, Official Says
OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the U.S. shale industry, Iran’s representative to the group said.
November 25, 2024Kenan Advantage Expands Dry Bulk With Two November Deals
North Canton, Ohio-based KAG has expanded its dry bulk transportation services with two acquisitions, strengthening its logistics capabilities across North America.
November 25, 2024Roadrunner Owner Sells Majority Stake to CEO Jamroz, Partner
A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.
November 25, 2024BP Optimistic About US Energy Future Under Trump
BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.
November 25, 2024California EV Rebates May Omit Tesla Models
Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.
November 25, 2024Samsara Partners With Northland Insurance on Telematics Use
Samsara is teaming up with Northland Insurance to offer the latter’s customers a discount on their premiums or subsidies for investments, the in-cab technology provider said.
November 25, 2024FleetPulse Expands Into Canada
Trailer telematics specialist FleetPulse is set to become available for Canadian fleets, the company said Nov. 20.
November 25, 2024Schneider Acquiring Cowan Systems in $390 Million Deal
Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.
November 25, 2024Quikrete Secures $9.2 Billion for Summit Materials Deal
The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.
November 25, 2024