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Radiant Logistics Buys Isla International
Third-party logistics provider Radiant Logistics will acquire Isla International, a company that specializes in shipments between the United States and Mexico, for $15 million.
December 1, 2011Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
UPS to Acquire Italian Logistics Firm
UPS on Thursday announced an agreement to purchase Pieffe Group, an Italian pharmaceutical logistics company. Terms were not disclosed.
December 1, 2011Consumer Confidence Jumps in November
Consumer confidence rose in November by the most since April 2003, the New York-based Conference Board said Tuesday.
November 29, 2011October Trailer Orders Dip to 17,384, But Pace Quickens for Plants, Retailers
New orders for commercial trailers dipped 0.8% in October from the year-ago level after a rise in cancellations, but manufacturers and retail sellers reported strong late October and early November activity.
November 28, 2011Floor Makers Using New Materials, Designs to Meet Fleet Demands for Longer Trailer Life
Fleets today are running their trailers longer than they ever have, and they expect trailer suppliers to make products that can meet higher standards.
November 28, 2011Consumer Confidence Improves
Consumer confidence rose this month to its highest level in since June, according to the Thomson Reuters/University of Michigan consumer sentiment index released Wednesday.
November 23, 2011ABF Eyes Acquisition, New Services, Incoming President Slagle Says
ATLANTA — ABF Freight System is evaluating the addition of new service offerings and a possible acquisition at the corporate level, the incoming president of the less-than-truckload carrier said here last week.
November 22, 2011FedEx Orders 100 New Step-In Vans
FedEx Express said it has purchased 100 Reach model walk-in vans with composite materials made by Isuzu Commercial Truck of America and bodybuilder Utilimaster Corp.
November 22, 2011Trailer Bridge Reports Third-Quarter Loss
Trailer Bridge Inc. reported a third-quarter loss of $1.9 million, or 16 cents per share, compared to net income of $6,900, or zero cents, a year ago.
November 22, 2011Equity Firm Increases Investment in Syncreon
Private equity firm GenNx360 Capital Partners on Thursday announced it has increased its investment in and ownership of syncreon, a global logistics and supply chain company.
November 17, 2011