Latest News Updates From Michael G. Malloy

Business

GE Capital Launches Trucking Fuel-Card Program With WEX

GE Capital Transportation Finance announced June 1 it has launched a fuel-card services program designed for over-the-road trucking companies.

June 1, 2015
Business

Pasha Group Completes Acquisition of Horizon Lines’ Hawaii Business

The Pasha Group said May 29 it completed its acquisition of the Hawaii trade-lane business of Horizon Lines Inc.

May 29, 2015
Business, Logistics

DHL Investing $108 Million to Expand Northern Kentucky Airport Hub

DHL said May 29 it is investing $108 million in its Cincinnati/Northern Kentucky airport hub to meet growth demand in international e-commerce and global trade growth.

May 29, 2015
Government, Business

Nafta Trade Drops, But Truck Freight Rises

U.S. trade with Canada and Mexico fell in in March from a year ago to $96.1 billion, but three of five transportation modes — trucks, railroads and air — rose year-over-year, the Department of Transportation reported.

May 28, 2015
Business, Equipment

Accuride to Supply Daimler Trucks With Gunite Brake Drums

Component maker Accuride Corp. signed a multiyear agreement with Daimler Trucks North America to supply its cast-and-machined Gunite brake drums to Daimler’s aftermarket parts group.

May 28, 2015
Business, Fuel

GE Capital Canada Signs Agreement With Shell to Boost LNG Use in Trucking

GE Capital Canada said it has signed an agreement with Shell Canada Products to facilitate the trucking industry’s adoption of liquefied natural gas in that country.

May 28, 2015
Business, Fuel

Diesel Average Rises a Penny to $2.914 in Sixth Straight Gain

Diesel’s national average price rose a penny to $2.914 a gallon, the sixth straight increase for trucking's main fuel, the Department of Energy reported.

May 26, 2015
Business

ILWU Overwhemingly Approves 5-Year Contract for West Coast Dockworkers

West Coast longshore workers voted overwhelmingly to ratify a five-year labor contract with port terminal operators represented by the Pacific Maritime Association.

May 26, 2015
Business

Ports Post Generally Higher April Cargo Movements

U.S. ports logged higher cargo movements in April from a year ago, with the Port of Long Beach, California, reporting that its tonnage rose to the highest level for the month in six years.

May 20, 2015
Business

April Truck Tonnage Growth Slows to 1% Year-Over-Year

Truck tonnage growth slowed to the lowest level in more than two years in April, gaining 1% over the same month last year, American Trucking Associations reported.

May 19, 2015