Monthly Archive: July 2022
KAG Logistics acquires American PetroLog LLC, a Lafayette, La.-based company providing multi-modal distribution services to the petrochemical industry. KAG Logistics is a major logistics provider in the petroleum, renewable fuels, specialty products, food products and…
ATA hails committee passage of bill to boost truck parking availability and CEO Chris Spear praised congressional leaders for advancing the Truck Parking Safety Improvement Act – which would authorize $755 million over the next four…
Registration Open for 2022 ATA Management Conference & Exhibition in San Diego, Calif., October 22-25. This year’s event, themed Investing in Our Future will take place October 22-25 at the San Diego Convention Center and…
Closures rising for small truckers. One of the hallmarks of the pandemic as it relates to trucking has been the unprecedented growth in the number of new, mostly small, for-hire trucking companies. Since July 2020…
Business group opposes higher trucker pay. Legislation aimed at ensuring overtime pay for truckers is getting close scrutiny from a major shipper group that plans to fight hard against it if the bill starts to gain steam.
Fuel driving out truckers as survey shows rising cost of fuel present a mountainous climb to overcome for small carriers. Many small carriers who entered the trucking industry in 2020-21 are finding today’s challenges too
ATA Truck Tonnage Index Increased in June 2022. American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 2.7% in June after rising 0.3% in May. In June, the index equaled 120.1 (2015=100) versus 116.9 in May.
2 firms widen autonomous trucking. Aurora Innovation and FedEx will add an additional commercial lane to their autonomous commercial line-haul trucking pilot, which transports FedEx shipments in Texas. In March 2022, Aurora’s autonomous trucks…
LGT acquires Jason Thomas Trucking, a provider of liquid fertilizer transportation in the Midwest. The acquisition of Jason Thomas Trucking boosts LGT Transport’s growth in the agricultural sector. LGT Transport did not disclose the price of the acquisition.
KAG consolidating fuel units. To streamline operations, The Kenan Adv This is the first step in combining its five KAG Fuels operating companiesantage Group (KAG) announced it is transitioning its fuels subsidiaries to KAG Energy.