Category: News

Brookfield Buys Rail Operator Genesee for $8.4 Billion

An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.

Amp Americas sells ampCNG unit to American Natural Gas

Amp Americas recently closed the $41 million sale of its 20 ampCNG fueling stations to American Natural Gas (ANG).

Amp Americas, a pioneer in the renewable transportation fuel industry, plans to continue owning and operating its Indiana biogas opera

Senators introduce bill to limit trucks to 65 mph

U.S. Sens. Johnny Isakson (R-GA), and Chris Coons (D-DE) on June 27 introduced legislation that would require all new commercial trucks with a gross weight of 26,001 pounds or more to be equipped with speed-limiting devices set to a maximum speed of

Volvo to upgrade, expand New River Valley plant

The Volvo Group said it will invest about $400 million over six years to upgrade its manufacturing plant in New River Valley, VA. The plant produces all Volvo trucks sold in North America.

“The outstanding product line currently produced at NRV has