Canadian transportation firm TransForce Inc. said its income dropped in the fourth quarter, which was mostly attributed due to bad weather, and Contrans Group reported its earnings increased in 2014. Net income was C$12.3 million, or 13 ...
Tags: Transportation
FedEx Trade Networks said it has named Jack Muhs its new CEO. Muhs has worked at FedEx Corp. since 1984, the company said in a Feb. 10 statement. He previously was a senior vice president at FedEx Express, overseeing its U.S. export ...
Tags: FedEx, U.S.export business, forwarding solutions, Transport Topics
P.A.M.Transportation Services reported a fourth-quarter net income compared with a loss the prior year. The truckload carrier reported a profit of$1.3 million,or 15 cents per share,compared with a loss of$311,010,or 4 cents a share,in the ...
Tags: Transportation, P.A.M, hire carriers
American Trucking Associations appointed Curtis Shewchuk of Con-way Inc. as chairman of the group's Homeland Security Policy Committee, ATA said Jan. 14. Shewchuk is chief security officer of Con-way, based in Ann Arbor, Mich. He replaces ...
Tags: Transportation, Truck
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 ...
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
Ryder System Inc.'s board said it has approved the repurchase of up to 2 million shares of its common stock. The truck leasing company said the buyback is to help offset the dilutive effect of shares issued under its employee compensation ...
Tags: Ryder System, repurchase
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
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
Utility Trailer bills itself as the longest running, privately owned trailer manufacturing company in the US, and next year will celebrate its 100th anniversary. The company claims to be the largest producer of refrigerated van trailers, ...
Tags: Craig Bennett, sales, marketing, utility, trailer
National Trucking Week began today, meant as a time to appreciate the role of trucking in Canadian life, and particularly to applaud the skill and professionalism of its drivers. Many will have comments to make but we thought Louise Yako, ...
Tags: Transportation, Auto Parts, truck
Louise Yako, president and CEO of the B.C. Trucking Association, penned the following open letter to the nation's professional drivers in honour of National Trucking Week. Thanks to the Industry & Professional Drivers during National ...
Tags: Transportation, truck
Trucking HR Canada has announced the launch of the Best Fleets to Drive For: Canada program, an offshoot of the popular Truckload Carriers Association (TCA) competition, powered by CarriersEdge. Best Fleets to Drive For: Canada, will ...
Tags: Fleets, Trucking HR