Facebook Inc.’s $5.7 billion investment in a unit of India’s Reliance Industries Ltd. creates an e-commerce leviathan to take on Amazon .com and Walmart Inc. in one of the world’s most competitive internet arenas.
April 22, 2020Search
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Trucking to Play Critical Role in Restarting Economy, ATA’s Chris Spear Says
The trucking industry will play a critical role in the development and implementation of plans to restart the country’s struggling economy, American Trucking Associations President Chris Spear said.
April 21, 2020Trucking Adjusts in Cities Hit Hardest by the Coronavirus
Fleet operations have had to be nimble to navigate amid disruptions caused by the novel coronavirus, particularly in hard-hit cities such as New York, San Francisco, New Orleans and Detroit.
April 21, 2020Truck Tonnage Up 4.3% Year-Over-Year on Coronavirus Surge
Truck tonnage rose 4.3% year-over-year in March on gains in selected business sectors, according to American Trucking Associations.
April 21, 2020World’s Biggest Oil Storage Firm Says Almost All Space Sold
The world’s biggest independent oil storage company has all but run out of space for crude and refined products as a result of the fast-expanding glut that COVID-19 has created.
April 21, 2020Covenant Relocates Texarkana Terminal Operations
Covenant Transportation Group is planning to close its Texarkana, Ark., terminal and relocate operations to other facilities, the company announced April 20.
April 21, 2020FRA Announces $311 Million in Funding Availability
More than $311 million in funding is available for projects designed to improve freight and passenger rail connectivity, federal railroad regulators announced this month.
April 20, 2020UPS Shipping First Ventilators From GM Facility to Hospitals
UPS is shipping ventilators made in a General Motors facility to hospitals in the Chicago area.
April 17, 2020Amazon Nudges Customers Away From Nonessential Items
The pandemic has many of us acting in unusual ways, and the world’s largest e-commerce company is no exception: Amazon.com has begun discouraging users from buying things they don’t need.
April 17, 2020Convoy Underwrites Cost to Ship to Local Food Banks
Digital freight broker Convoy announced it will pay the trucking costs for any food-producing business in the U.S. wanting to donate a truckload of product to a local food bank.
April 17, 2020