Defunct cargo hauler Yellow Corp. may put its remaining cargo terminals and other vacant properties into a real estate investment trust that could be used to raise money for creditors.
June 4, 2024Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow whatās happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
Bankrupt Yellow May Start New REIT Using Empty Terminals
Diesel Price Dips 3.2Ā¢ a Gallon to $3.726
The national average diesel price extended its downward movement, shedding 3.2 cents a gallon to $3.726, according to Energy Information Administration data released June 3.
June 3, 2024South Accounts for Lionās Share of Factory Construction Boom
States in the U.S. South are at the forefront of a massive renaissance in construction projects aimed at enhancing manufacturing capacity and supply chain resiliency.
June 3, 2024Full Port of Baltimore Channel Set to Open by June 10
The Army Corps of Engineers now expects to have the full Federal Channel into Port of Baltimore open by June 10 at the latest, a slightly later target than their original timeline of late May.
June 3, 2024CalAmp Files Bankruptcy to Complete Restructuring
CalAmp Corp., which develops business software designed to track vehicles and improve company logistics, has filed bankruptcy to complete a lender-backed plan to cut debt.
June 3, 2024Ships Diverted From Red Sea Send Ripple Effects Across Globe
Nearly six months into the Houthisā relentless campaign to protest Israelās war in Gaza, the economic fallout is widening.
June 3, 2024US Diesel Demand Hits 26-Year Seasonal Low in March
U.S. diesel demand plummeted to its lowest seasonal level in 26 years in March, driven by slowing economic growth.
May 31, 2024Ohio Coordinates āSuper Loadā Cargo Movements on Trucks
Ohio transportation officials are coordinating the movements of several trucks carrying āsuper loadsā of cargo weighing up to 900,000 pounds.
May 31, 2024EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink
NEWARK, Calif. ā Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for āfuture success.ā
May 31, 2024Inflation Gauge Rises at Slowest Pace This Year
WASHINGTON ā A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.
May 31, 2024Follow Us
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