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Descartes Buys Oceanwide’s Logistics Business
Descartes Systems Group said Thursday it acquired the logistics business of privately held Oceanwide Inc., in an all-cash transaction of about C$10.4 million ($8.4 million).
February 6, 2009APU Maker RigMaster Ceases Operations
RigMaster Power Corp., a Canadian manufacturer of auxiliary power units, has ceased all operations, according to a voice message on its telephone.
February 9, 2009Ryder Completes Logistics Acquisition
Ryder System said Tuesday it has completed its acquisition of a Canadian logistics firm with operations in China.
December 23, 2008Class 8 Sales Rise in September, But Orders Drop Dramatically
Heavy-duty truck sales in the United States grew for the fourth straight month in September, but year-to-date results remained weak and the recent national economic chaos led to a sharp drop in new orders during September.
October 20, 2008Ryder to Acquire Canadian Firms with Chinese Operations
Ryder System said it will acquire Transpacific Container Terminal Ltd. and CRSA Logistics Ltd., as well as CRSA’s operations in Hong Kong and Shanghai, China.
October 6, 2008Existing °®¶¹´«Ã½ Sales Fall 2.2%
Existing homes sales fell 2.2% in August, the greatest monthly decrease on record, the National Association of Realtors said Wednesday.
September 24, 2008Roadrunner Rebrands, Expands Services
Roadrunner Transportation Services, formerly known as Roadrunner Dawes Freight Systems, said Monday it has rebranded to reflect new offerings its third-party transportation logistics, supply-chain management, and truckload and less-than-truckload services.
June 16, 2008Contrans to Consolidate Some Van, Flatbed Operations
Canadian transportation firm Contrans Income Fund said it plans to consolidate certain operations of its dry van and flatbed businesses in eastern Canada.
February 20, 2008Truck Stops a Growing Sales Channel for Tire Makers
As truck stops become more consolidated into a few large national networks, tire manufacturers are finding that they can provide fleets with a full range of tire services — not simply emergency repairs and replacements — while trucks are on the road.
January 28, 2008Panel Urges Infrastructure Overhaul
WASHINGTON — In a controversial report calling for huge new spending on the national transportation system, a congressional commission last week made several recommendations that would affect trucking, including new flexibility in the federal driver hours-of-service rule in congestion-prone areas.
January 21, 2008