Private investment firm Auxo Investment Partners is partnering with the Andrie family with an investment in Andrie LLC, a Michigan-based bulk transporter of specialty products including liquid asphalt, cement, light oil petroleum products and calcium c…
Author: Transport Topics
Allison Invests in New Testing Facility
Allison Transmission announced it is investing in a new vehicle testing facility to support testing for a wide range of propulsion systems, including conventional powertrains, alternative fuel, electric hybrid and fully-electric vehicles.
Allison Invests in New Testing Facility
Allison Transmission announced it is investing in a new vehicle testing facility to support testing for a wide range of propulsion systems, including conventional powertrains, alternative fuel, electric hybrid and fully-electric vehicles.
Dana Finalizes Deal for Oerlikon’s Drive Systems Unit
Dana Inc. announced it has completed the acquisition of the drive systems segment of the Oerlikon Group, including the Graziano and Fairfield brands, to expand the company’s capabilities in electrification and its manufacturing presence in key growth markets.
C.H. Robinson Acquires Spanish Freight Forwarder Space Cargo Group
C.H. Robinson Worldwide, in a move to bolster its international freight business, has purchased The Space Cargo Group, a company based in Madrid that provides freight forwarding, customs brokerage and other logistic services in Spain and Colombia, for …
Editorial: The Human Element for Automated Technology
Across three industry events in the span of just a few days last week, the evolution of automated driving was front and center, with everyone from government leaders to technology innovators looking ahead to how — and at what pace — automation might someday reshape the trucking industry.
TFI International Reports Record Results for 4Q, Full Year
TFI International reported a 60% increase in profits in the final quarter of 2018 from the comparable quarter in 2017, part of the trucking and logistics company’s record results for the quarter and the full year.
ZF in Takeover Discussions With Wabco
Commercial vehicle supplier Wabco Holdings Inc. announced it has been approached by ZF Friedrichshafen AG and has “engaged in preliminary discussions concerning a potential transaction.”
Transport Topics Launches Daily Briefings on Smart Speaker Platforms
Transport Topics now offers a daily news briefing available each weekday morning via smart speaker devices, such as Amazon Echo and Google Home.
Freight Forwarder Flexport Receives $1 Billion Investment From SoftBank
SoftBank Vision Fund, along with several partners, has invested $1 billion in Flexport Inc., a full-service air and ocean freight forwarder, according to Flexport’s blog.