Trimble Navigation Ltd. said it has acquired navigation technology company ALK Technologies. No terms were disclosed.
January 4, 2013Search
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Tax Deal Keeps Bonus Depreciation
Lost amid the hoopla surrounding Congress’ last-minute agreement on avoiding the economic “fiscal cliff” as the new year dawned was a provision in the deal that could help the trucking industry as it moves to replace aging equipment during 2013.
January 7, 2013RLJ Equity Partners Acquires R. Thompson Trucking Inc.
RLJ Equity Partners LLC said it has acquired regional waste hauling company, R. Thompson Trucking Inc. No terms were disclosed.
January 4, 2013DEF Prices Hold at $2.79 From November to December
The retail pump price of diesel exhaust fluid at U.S. truck stops was flat from November to December, remaining at $2.79 a gallon, Integer Research Ltd. said Wednesday.
January 3, 2013Radiant Buys International Freight Systems
Third-party services provider Radiant Logistics Inc., said it has acquired Portland, Ore. counterpart International Freight Systems.
January 3, 2013Initial Jobless Claims Rise for Week
Initial jobless claims increased by 10,000 last week, the Labor Department said Thursday.
January 3, 2013Vitran Secures $17 Million Credit
Toronto-based carrier Vitran Corp. announced it has obtained a $17 million real estate term credit facility on some of its U.S. less-than-truckload transportation facilities.
January 3, 2013Tax Bill Includes Bonus Depreciation
The tax bill signed by President Obama and passed by Congress to keep the nation from going over a “fiscal cliff” allows fleets to deduct 50% of the cost of new trucks and other equipment in 2013.
January 3, 2013Intermodal Traffic Up 3.2% for Year
U.S. rail intermodal traffic rose 3.2% to 12.3 million containers and trailers in 2012 from the year before, the second highest total on record, the Association of American Railroads said.
January 4, 2013Rush Enterprises Acquires MVI Group
Rush Enterprises said it has acquired assets of MVI Group, which operates commercial truck and bus dealerships in Ohio, for $107 million.
January 3, 2013