LIT started trading Friday morning on the NASDAQ Friday morning, Logistics Innovation Technologies Corp., a newly listed special acquisition company (SPAC), began trading on the NASDAQ under the ticker LITTU. The blank check company exists solely for the purpose of…
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A brutal heat wave will begin this weekend in the Southwest, with temperatures well exceeding 100 degrees in many spots. Because the intense heat could last for several days, the National Weather Service (NWS) has issued excessive heat warnings across…
Among Union Pacific’s (NYSE: UNP) $2.8 billion in capital investments in 2021 are additions or extensions of sidings at a number of points along its network. Sidings enable one train to meet and pass another. Adding sidings that can accommodate…
Three weeks before new security rules go into effect for all export cargo moving by air, the Transportation Security Administration has finalized plans giving businesses the ability to opt out of screening every shipment prior to loading if their facilities…
A fight between two brothers over their jointly owned trucking business is nearing a bitter end after three years of litigation and arbitration. So bitter that one brother is funding an investigation. Paul and Rana Randhawa have been embroiled in…
DriverReach founder and CEO Jeremy Reymer welcomed Rebecca Brewster, president and COO of the American Transportation Research Institute (ATRI), on this week’s episode of Taking the Hire Road to celebrate the Institute’s 20th year as a leading provider of critical…
The price of Brent crude topped $72 per barrel Thursday, with West Texas Intermediate above $70. As the price of oil goes, so goes the price of marine fuel. And that means higher costs for ship operators, and in the…
Yellow Corp. [NASDAQ: YELL] CEO Darren Hawkins is confident he can show lawmakers that his company’s $700 million CARES Act loan being scrutinized in a new congressional probe is in full compliance with the loan terms. “Please be assured with…
This is an excerpt from Medically Necessary, a health care supply chain newsletter. Subscribe here. The decision: Last week, the U.S. announced it was removing the priority ratings issued under the Defense Production Act for vaccines made by Sanofi, AstraZeneca and…
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