Cold Snap Roiled Gas Market
The February cold snap that pushed liquefied natural gas (LNG) prices to record highs is also roiling liquid petroleum gas (LPG), leading to shortages of the gas that’s used for heating and cooking as well…
New Chief at FedEx
John A. Smith, president and chief executive officer of FedEx Freight, will be named president and chief executive of FedEx Ground on June 1. Smith succeeds Henry Maier, who will remain at FedEx as an…
Keystone Decision Angers Alberta
The oil-rich Canadian province that was hit hard by Joe Biden’s move to kill the Keystone XL pipeline is considering seeking compensation from the U.S. through an old free-trade rule that’s still in place. Alberta…
Nikola Planning Fuel Cell Cab-Over
Nikola plans to start building the first prototypes of its fuel cell electric cab-over truck in the second quarter with the goal of starting on-road trials in early 2022, the company said. In an update…
Vac Trucks Require ‘Constant Vigilance’
Vacuum trucks are tank trucks equipped with a high-powered vacuum pump that sucks up solids, fluids, sludge or slurry at high speed through a hose. In the oil patch, their central task is to clean…
UPS & TFI sign $800 million deal
UPS is selling its UPS Freight less-than-truckload (LTL) division to TFI International Inc. for $800 million. The decision to sell UPS Freight aligns with the company’s “better not bigger” strategic positioning, according to a UPS…
For Trucking, ‘Tailwinds and Headwinds’ This Year
The new year will be a story of contending tailwinds and headwinds,’’ according to a 2021 economic forecast by U.S. Xpress. The forecast, from one of the country’s largest truckload fleets, looks at economic indicators…
5 Trucking Merger & Acquisition Takeaways
The trucking merger and acquisition arena was anything but ordinary in 2020. Within the liquid/dry bulk vertical we saw several transfers of ownership. A few notable transactions included: Kenan Advantage’s purchases of Fort Transfer, Paul’s…
Shippers Optimistic On Freight Volumes
A survey of shippers optimistic on freight volumes increasing this year. In its sixth annual State of The North American Supply Chain Survey, Averitt Express surveyed about 1,800 shippers from a wide variety…
Thorne Retiring From ABF
Tim Thorne, president of ArcBest less-than-truckload carrier ABF Freight, will retire June 30 after a 31-year career with the company. Seth Runser, ABF vice president for line haul operations was promoted to the new role…
Nikola Wins Fuel-Cell Approval
After a rocky finish in 2020, Nikola announced it has secured an innovative electric rate schedule with Arizona Public Service Co. (APS) that the company said makes possible the accelerated development of hydrogen-based fueling solutions…
Liquid Trucking Hikes Driver Pay
Liquid Trucking, one of the top 30 largest tank carriers in North America, recently announced a major driver wage increase. Based in Plattsmouth, Neb., Liquid Trucking is a family-owned bulk liquid transporter specializing in agricultural…
