Bouchard Transportation Co., an independently owned barge and tugboat company, is seeking a buyer to avert closing its facility in Melville, New York. According to a notice filed with the New York Department of Labor Thursday, the company is “currently…
FreightWaves SONAR is releasing a new set of indices whose sole function is to help shippers, carriers and brokers prioritize their attention each day – Capacity Trend Market Scores (CTSCV, CTSCR, CTSSV, CTSSR) and Capacity Trend Market Direction (CTDV, CTDR).…
In earlier FreightWaves Classics articles, information about several interstates that are part of the U.S. Interstate Highway System (IHS) has been provided in numerical order – Interstate 2, Interstate 4, Interstate 5 (Part 1 and Part 2), Interstate 8 and…
An Illinois trucking company, facing mounting legal problems, shuttered operations and filed Chapter 7 bankruptcy on Monday. Mardon Trucking Inc., headquartered in Countryside, filed its petition in the U.S. Bankruptcy Court for the Northern District of Illinois. The trucking company,…
Former Surface Transportation Board (STB) Vice Chairman William Clyburn Jr. is urging the current board to approve the proposed voting trust that Canadian railway CN (NYSE: CNI) plans to form as part of the process to acquire Kansas City Southern…
Gemspring Capital Management LLC announced Thursday that an affiliate has invested in Pittsburgh-based Transport Investments Inc., an asset-light transportation and logistics company. The amount of Gemspring’s investment was not disclosed. The investment was motivated by continued growth in “the specialty…
Trucks Venture Capital announced it has launched two funds to make transportation safer, cleaner and more inclusive. Trucks Venture Fund 2 (TVF2), its new core fund, recently closed on $52,525,252, an amount based on an infatuation with repeating numbers. The…
This is an excerpt from Monday’s (6/7) Point of Sale retail supply chain newsletter sponsored by ArcBest. Off-price retailers typically weather economic downturns with relative ease. In good economies, loyal shoppers of off-pricers like T.J. Maxx, Ross Stores and Burlington have the wherewithal…
Western Express has become the latest large, national fleet to adopt Platform Science’s connected vehicle platform, announcing Thursday that it would roll out the open Internet of Things (IoT) technology across its fleet of 3,000 trucks. The Nashville, Tennessee-based truckload…
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) will test high-autonomy software from Waymo Via on a leading customer route from Houston to Fort Worth, Texas, where robot truck evaluations are making up a greater portion of Lone Star State traffic.…
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