Transport Topics
Workhorse Group Gets Funding for Operations, Truck Deliveries in 2016
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Workhorse Group Inc., of Cincinnati, said it will use nearly $12 million from the sale of convertible notes and warrants to fund operations and begin deliveries of trucks to customers in early 2016.
UTi Worldwide Loss Narrows in Fiscal 3Q
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Logistics operator UTi Worldwide Inc. posted a slightly lower fiscal third-quarter loss of $32.7 million, or 34 cents per share, as ocean freight forwarding results weakened further at the company that has agreed to a $1.35 billion acquisition by DSV, a Danish supply chain and forwarding company.
Most Moscow Residents Support Protest by Truckers, Survey Says
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Moscow residents are broadly supportive of protests by longhaul truckers over a new toll system in Russia, the Levada Center said.
Wife of Overnite Transportation Founder James Harwood Cochrane Dies at 99
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Louise Odell Blanks Cochrane, wife of Overnite Transportation Company and Highway Express founder James Harwood Cochrane, died Dec. 10 in Richmond, Virginia, at the age of 99.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.