Get updates on industry news below, courtesy of Transport Topics.
- RoadOne IntermodaLogistics Receives Investment From Nonantum Capital Partners
Nonantum Capital Partners announced that it is partnering with Ken Kellaway and David McLaughlin to re-capitalize RoadOne IntermodaLogistics, a company based in Randolph, Mass., that provides container drayage, transloading and warehousing services at ports and rail terminals throughout the United States.
- New York Hadn't Been Enforcing the ELD Mandate. Now It Is.
The New York State Department of Transportation announced that state inspectors will begin enforcing federal electronic logging device rules, ending a year-plus stretch during which a lawsuit kept the state law enforcement in limbo and left federal inspectors as the sole enforcers of the rule in the state.
- Colorado Joining California in Mandating Electric-Vehicle Sales
Colorado moved to boost electric-car sales by taking the first step toward adopting a zero-emission-vehicle mandate patterned after one in California that’s under threat from the Trump administration.
- Heidi King Renominated to Lead NHTSA
President Donald Trump on Jan. 16 nominated Heidi King to lead the National Highway Traffic Safety Administration.
- Germany’s Mercedes-Benz Plans Assembly Plant in Egypt
BERLIN — German automaker Daimler’s Mercedes-Benz Cars unit says it is developing plans to open an assembly plant in Egypt.
- Legion Logistics Announces First Acquisition
Legion Logistics, a disabled veteran-owned 3PL, has announced its first acquisition, according to a Jan. 14 press release. The company will grow more than 10% with the acquisition of Qontinuity Enterprises, a 3PL based in Tennessee.
- Michelin CEO Jean-Dominique Senard Clears Hurdle on Path to Replacing Carlos Ghosn at Renault
Michelin CEO Jean-Dominique Senard, a frontrunner to replace Carlos Ghosn atop Renault SA, has passed one of the tests required for the job: support of the French state.
- New Houston Facility Creates 575 Jobs, Boosts Automated Sorting, UPS Says
UPS Inc.’s new package delivery facility in northwest Houston’s Willowbrook area has created 575 new full- and part-time jobs, according to a company news release.
- Tesla Loses Most Valuable Carmaker Crown as GM Catches Up
If the outlooks from the two auto companies are anything to go by, GM looks set to be winning the race for the year.
- Seven Ways the Ocean Cargo Industry Is Pursuing Green Shipping
Some of the world’s most conservative companies are starting to experiment with cleaner fuels and cutting-edge technologies to meet new standards starting next year that mandate steep cuts of sulfur emissions from oceangoing ships.
- Manufacturing Production Increases by Most in 10 Months
U.S. factory production expanded in December by the most in 10 months, ending the year stronger than expected thanks to a surge in motor-vehicle output and gains across a range of other goods.
- Tesla Cuts Jobs on the Road to Making an Affordable Electric Car
Tesla, recognizing as imperative its ability to produce a cheaper electric car, told employees Jan. 18 that it must cut 7% of its workforce.
- US Could Soon Pump More Crude Than Saudis Can at Their Peak
Propelled by the shale-oil boom, the U.S. is already producing more crude than either Russia or Saudi Arabia, who until recently vied for the top spot. By midyear America will go one better.
- Volvo Group Venture Capital Invests in Wireless Electric Charging
Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries.
- J.B. Hunt Reports Mixed Fourth-Quarter Results
J.B. Hunt Transport Services reported mixed results in the fourth quarter of 2018, with a slump in intermodal shipments and charges related to an ongoing arbitration dispute with BNSF Railway overshadowing strong gains in its dedicated contract carriage, freight brokerage and over-the-road trucking businesses.
- Editorial: Final-Mile at the Forefront
The Transportation Research Board annual meeting takes a deep dive into topics that touch every aspect of transporting goods and people. This year, discussion of final-mile deliveries was front-and-center.
- EPA’s Andrew Wheeler Gets Mixed Reviews at Confirmation Hearing
Characterizations of Andrew Wheeler’s tenure as acting administrator of the U.S. Environmental Protection Agency fell mostly along party lines during his confirmation hearing to lead the agency
- Former White House Infrastructure Guru D.J. Gribbin Still Supports Streamlining
WASHINGTON — D.J. Gribbin, the architect of President Donald Trump’s 2018 infrastructure proposal, touted the administration’s efforts to streamline the federal permitting process for major infrastructure projects.
- December Class 8 Sales Cap Fourth-Best Year All-Time
U.S. Class 8 retail sales rose 16.7% to 26,083 in December to cap the fourth-highest sales year ever as fleets replaced older trucks and expanded amid tight capacity, strong freight demand and high rates.
- CEO Eddie Lampert’s Winning Bid for Sears Valued at $5.2 Billion
Eddie Lampert’s winning bid to salvage Sears Holdings Corp. valued the bankrupt retailer at $5.2 billion, according to a statement.
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