Universal Logistics Holdings Inc. is expanding its intermodal business, announcing Aug. 10 it is acquiring Compton, Calif.-based Southern Counties Express Inc. for $65 million.
August 14, 2018Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Universal Logistics Purchases Southern Counties Express for $65 Million
Finale of CVSA’s Inspectors Competition Will Coincide With NTDC Awards Banquet
In a few weeks, law enforcement officials from across the continent will convene in Columbus, Ohio, to participate in the Commercial Vehicle Safety Alliance’s North American Inspectors Championship.
August 14, 2018Port of Vancouver Vision Statement to Be Drafted at Public Workshop
The Port of Vancouver will hold a public workshop after its regularly scheduled meeting Aug. 14 to draft a vision statement detailing the future of the port.
August 13, 2018Port Prince Rupert Thrives Despite Global Tariff Turmoil
Prince Rupert is hardly the place one would expect to find an international gateway that’s weathering the Trump trade storm better than any other Pacific port in North America.
August 13, 2018Americold Logistics Reports Improved Results in Second Quarter
Americold Logistics reported improved financial results for the second quarter with revenue from its temperature-controlled warehousing operations growing 2.8% and profit margins expanding by 150 basis points, or 1.5%, compared with the same period a year ago.
August 9, 2018Rock-It Cargo Sells Majority Stake to ATL Partners
Private equity firm ATL Partners has purchased a majority stake in specialty freight and logistics company Rock-It Cargo, as well as its subsidiary Rich Forwarding Limited.
August 8, 2018Pilot Flying J Expands Into Oil Exploration and Production Business
Pilot Flying J is expanding its business portfolio with a move into the water, sand and crude oil-hauling business.
August 8, 2018XPO Opens Final-Mile Distribution Hub in Toronto
XPO Logistics has expanded its home-delivery business in Canada with the opening of a 50,000-square-foot distribution hub in Toronto.
August 8, 2018EPA to Study Financial Implications of Maritime Emissions Rules
The U.S. Environmental Protection Agency has launched a study of the potential economic impact forthcoming regulations that require shipping vessels to burn cleaner fuel might have on other transportation sectors, including trucking.
August 7, 2018Expeditors International Reports 2Q Earnings, Revenue
Air and ocean freight forwarder Expeditors International of Washington reported sharply higher profits and strong revenue growth in the second quarter of 2018.
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