Paul Taggart/Bloomberg News The Cass Freight Index, which measures shipment activity in trucking and other transport modes, declined 3.2% in December from a year ago. Expenditures increased 1% from 2012. Expenditures — freight ...
Tags: Cass Freight Index, shipment activity, transportation, freight payments
Joe Boris Local Teamsters leaders cleared the way for members in UPS Inc.'s Freight unit to vote on a new tentative contract that comes seven months after the company's original proposal was rejected by the union by a wide margin. The ...
Tags: UPS Inc, Local Teamsters, Freight unit, tentative contract
A. Duie Pyle Cos. President Steve O'Kane is retiring this month, and Randy Swart was named chief operating officer to lead the less-than-truckload operation. The company, based in West Chester, Pa., said in a Jan. 7 statement that the ...
Tags: A.Duie Pyle Cos., Steve O'Kane, retirement, Randy Swart
Clarke Inc. said it has closed the sale of its truckload and less-than-truckload businesses to TransForce Inc. for C$100.5 million. The holding company expects a gain of $63 million to $68 million from the sale, it said in a Jan. 6 ...
Kriska Holdings Limited’s entire fleet of refrigerated trailers will be equipped with the ibright refrigerated telematics system from International Telematics (ITC), Kriska said Friday. "We have heard loud and clear from our food ...
Tags: cold chain, transportation
The Women in Trucking Association and Navistar International Corp. are seeking candidates for the 2014 Influential Woman in Trucking award. The award recognizes women who make or influence key decisions in a corporate, manufacturing, ...
Tags: The Women in Trucking Association and Navistar International
Carlyle Group Inc. said it has invested $55.2 million in connection with YRC Worldwide Inc.'s recently announced agreement to reduce its debt load. The investment company, one of the carrier's five largest investors, disclosed that it has ...
Tags: Carlyle Group, YRC Worldwide, investment, debt agreement
Russ MacNeil Less-than-truckload carrier Vitran Corp. said it has agreed to be acquired by TransForce Inc., which outbid Manitoulin Transport Inc. for Vitran's Canadian assets. Vitran's which sold its U.S. LTL business in October, had ...
Tags: Vitran, TransForce, acquisition
XPO Logistics Inc. said it has closed its purchase of NLM, a Web-based freight auction site, from truckload carrier Landstar System Inc. XPO paid $87 million for the business, which it will rebrand as XPO NLM, it said in a Dec. 30 ...
Tags: XPO Logistics, NLM, Landstar System, close purchase
YRC Worldwide Inc. has reached an agreement with some of its creditors to reduce its debt by about $300 million, a move the carrier said is a key to obtaining new concessions from the Teamsters union. As a result of the agreement, YRC's ...
Tags: YRC Worldwide, Teamsters union, reduce debt
TransForce Inc. said its acquisition of two units of Clarke Inc. will be completed by Jan. 1. All conditions for the acquisition to be finalized have been met, Montreal-based TransForce said Dec. 20. Terms were not disclosed for the deal, ...
Tags: TransForce, transportation
TransForce announced today it has met all the conditions required to close its deal to acquire Clarke Transport and Clarke Road Transport. The deal should conclude Jan. 1, 2014, the company announced. Clarke Transport is an LTL intermodal ...
Tags: transportation, TransForce
Cooney Transport has announced the launch of a new logistics division,and the hiring of Scott Cull to oversee it. Cull was recently named vice-president of Cooney Logistics.The logistics arm will broaden Cooney's service offering for new ...
Tags: Cooney Transport, launch of a new logistics division, Scott Cull
Truckload carrier Transport America Inc. could become the latest publicly traded fleet after a regulatory filing that targets a $75 million stock offering. The filing late on Dec. 17 does not state how many shares might be offered or what ...
Tags: Transport America Inc., stock offering, regulatory filing
A true Tier-1 WCS must be equipped to handle 2D barcode and RFID data for individual unique SKU track and trace requirements.Multi-channel order fulfillment, referred to in the logistics industry as omni-channel fulfillment, is increasingly ...