When they return from their August recess, congressional policymakers should begin the process of repealing a tax on the purchase of new trucks, freight stakeholders indicated recently.
August 24, 2023Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Iowa Grants to Help Community Colleges Expand CDL Training
Iowa Gov. Kim Reynolds announced $5 million in commercial driver license infrastructure grants for community college training centers and new equipment.
August 24, 2023Top Democrats, White House Celebrate CHIPS Act Anniversary
A 2022 law key to the Biden White House’s “Build Back Better” economic agenda is helping with freight supply chain connectivity, senior congressional Democrats said recently.
August 22, 2023Bridgestone Celebrates Tennessee Plant Expansion
Bridgestone Americas celebrated the expansion of its truck and bus radial tire plant in Morrison, Tenn., the company announced Aug. 16.
August 21, 2023Five More Indicted in Staged New Orleans Crashes
Federal prosecutors announced five more indictments in connection with an investigation into staged accidents with trucks in the New Orleans area.
August 21, 2023Estes Offers $1.3 Billion for Yellow Terminals
Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.
August 17, 2023Auto Parts Maker Shinhwa Plans Expansion at Alabama Facility
MONTGOMERY, Ala. — An auto parts supplier plans a $114 million investment to expand its facility in Alabama to support the production of electric vehicle parts, Gov. Kay Ivey’s office announced Aug. 15.
August 16, 2023Citadel Acquires Yellow Debt Owned by Apollo, Other Lenders
An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.
August 16, 2023Yellow Looks to Finalize Bankruptcy Loan
Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.
August 11, 2023EPA Announces $115 Million for DERA Grants
The Environmental Protection Agency recently announced that $115 million has been directed for the Diesel Emissions Reduction Act program.
August 8, 2023