Finance

Kenan Advantage Group acquires Alabama-based dry bulk hauler

Kenan Advantage Group (KAG) announced Thursday it has acquired dry bulk hauler Evergreen Transport.

Mobile, Alabama-based Evergreen Transport specializes in the transportation of dry bulk commodities like ash, cement, lime and sand in addition to food-grade commodities. It operates a fleet of 158 tractors and 338 trailers out of four terminals across Alabama.

The 37-year-old carrier also provides dump trailer, flatbed and container services. Evergreen’s roughly 100 drivers and 45 operations...

https://www.freightwaves.com/news/kenan-advantage-group-acquires-alabama-based-dry-bulk-hauler

Tariff impacts on diesel prices will likely hit New England first

New England will probably be ground zero for observing how a 10% tariff on Canadian crude and refined product exports to the U.S. hits prices at the pump.

While Mexico is also facing those tariffs, that country is mostly an exporter of crude to the U.S. Along with significant Canadian crude exports to the U.S., it may take an undetermined amount of time for imports on a raw material like crude to show up in a retail diesel or gasoline price. (Mexico’s tariff is 25%).

However, New England is...

https://www.freightwaves.com/news/tariff-impacts-on-diesel-prices-will-likely-hit-new-england-first

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