FreightCar America is moving to acquire the rail operations of Navistar Inc. in Cherokee, Ala.
February 28, 2018BusinessEquipmentLogisticsTCA
Western Express Buys Connecticut Property for $1.7 Million
Western Express has paid more than $1.7 million for 12 acres in Plainfield, Conn., to expand its operations.
January 9, 2018Business
IMC Cos. Adds H&M to National Drayage Network
IMC Cos. expanded its intermodal drayage operations with the purchase of H&M Terminal Transport from H&M International Transportation in Iselin, N.J.
January 3, 2018Business
GlobalTranz Acquires Utah’s Apex Logistics
Freight brokerage firm GlobalTranz Enterprises made its fourth acquisition of 2017, buying American Folk, Utah-based Apex Logistics Group for an undisclosed price.
December 11, 2017Perspective
Opinion: Maximize Short-Term Value for Long-Term Gains
Recent company mergers and initial public offerings have brought the value of trucking companies to the forefront.
December 11, 2017Business
Fleet Brake Agrees to Buy Pulse Heavy Duty
Fleet Brake Parts & Service announced it has entered into a binding letter of intent to acquire the assets of Pulse Heavy Duty, a parts distributor in Dartmouth, Nova Scotia.
December 4, 2017Business
Blackstone Acquires Stake in Cloverleaf
Warehousing and distribution firms are beginning to attract more interest from investors as demand for storage space nationwide heats up and competition intensifies among smaller players.
November 28, 2017Business
Heartland Express Profits Drop 37% After Added Expenses From IDC Acquisition
Heartland Express Inc. announced weaker-than-expected earnings in the third quarter on Oct. 27 as higher expenses related to Interstate Distributor Co. dragged results down despite higher revenue.
October 27, 2017BusinessLogistics
FBI Group Acquires Third Canadian Freight Brokerage Firm
Freight Brokers International Corp., a freight brokerage firm in Vaughan, Ontario, that goes by the name The FBI Group, has agreed to acquire another brokerage firm, Consolidated Carriers, based in Markham, Ontario.
October 10, 2017BusinessLogistics
TMC Workforce Expands Supply Chain Business With Purchase of Summitline Industries
TMC Workforce Solutions, a national staffing and recruiting firm based in Houston, announced it has acquired Summitline Industries in Fort Wayne, Ind., as part of an effort to expand its supply chain support business.
October 9, 2017