Transport Topics
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TruStar Energy has opened a company-owned public compressed natural gas fueling station in Fort Myers, Florida, as a midpoint between Tampa and Fort Lauderdale for fleets traveling the Interstate 75 corridor.
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Caterpillar has announced the planned closing of five plants and the elimination of about 820 jobs as part of its ongoing restructuring in response to "tough market conditions."
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Fuel-card provider Wex Inc. announced that it plans to help fleets better manage purchases by combining its fuel data with telematics data from electronic logging devices.
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Union Pacific Corp. reported first-quarter earnings higher than analysts' expectations as the railroad cut costs and boosted prices to mitigate a steep drop in cargo demand, pushing shares to their highest value in five months.
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