Transport Topics
First Electric Highway Opens in Sweden
- Details
Siemens AG, based in Germany, opened the world's first eHighway on June 22 in Sweden, which will use overhead catenary wires to power diesel trucks as a green alternative to traditional diesel fuel.
TravelCenters of America Rebuffed Buyout Overture
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Truck stop operator TravelCenters of America confirmed June16 it had rejected a nonbinding letter in December from a private equity firm asking to have confidential discussions about that firm possibly buying TA.
Housing Starts Little Changed as Construction Plateaus
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New-home construction in the United States was little changed in May, a sign the residential real-estate industry will add little to economic growth in the second quarter.
South Carolina Logistics Company Opens Second Location in Charleston
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Wainwright Industries, part of TVS Supply Chain Solutions, announced plans on June 17 to add a second Charleston location to serve customers of the South Carolina Ports Authority.
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