The Manitoba government is promising $12 million to improve a highway intersection where a crash last year killed 17 people. The government has released an outside review of the intersection […]
On the day the legal battle between the founding family of Pilot Travel Centers and its current owner Berkshire Hathaway was to go to trial in Delaware, the two sides reached a settlement. In a brief statement released early Monday, a spokeswoman for the Haslam family said the two sides had reached a deal and…
Longpoint has acquired a cluster of industrial-logistics properties totaling 1.4 million square feet across 12 locations in the Miami and Fort Lauderdale, Florida, areas. The Boston-based real estate private equity firm acquired the 25-building industrial portfolio for $262 million from Pennsylvania-based Seagis Property Group. Longpoint officials said the acquisition expands the company’s presence throughout several…
An end to a prolonged freight recession could be approaching sooner than some investors may think, one equities analyst said Monday. The bullish call was largely centered on the need for inventories to be replenished after companies have spent the last few quarters drawing down overstocked levels. “Shippers continue to remain on reorder ‘strike’ while…
Bosch is developing an array of systems to electrify vehicles around the world, but the global manufacturer also continues to emphasize its growing focus on hydrogen as it explores a […]