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Judge Says N.J. Can Keep Tolls Study Private
New Jersey Gov. Jon Corzine (D) can keep private a report studying how the state can increase tolls on some of the nation’s busiest highways, a state judge ruled, the Associated Press reported.
November 28, 2007Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
2007 HOS Rule Not Enforced in Western Canada Provinces
Four of Canada’s western provinces and territories have failed to implement new federal hours-of-service rules, while a fifth has delayed enforcement of them until the end of the year.
November 28, 2007Forward Air Buying Black Hawk Freight Services
Forward Air Corp. said it has entered into an agreement to acquire certain assets of Black Hawk Freight Services, a privately held provider of transportation services headquartered in Milan, Ill.
November 27, 2007DHL Express to Build Shanghai Cargo Hub
DHL Worldwide Express, part of Germany’s Deutsche Post AG, said it will build a $175 million cargo hub in Shanghai to help the parcel courier accommodate growing trade in Northern Asia, Bloomberg News reported Monday.
November 26, 2007TransForce to Acquire Thibodeau Group
Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.
November 26, 2007CTA Asks for Standard Anti-Rollover Technology
The Canadian Trucking Alliance said it is asking all the major North American heavy truck manufacturers to make anti-rollover technology standard equipment in their new vehicle packages.
November 26, 2007Task Force to Study Red-Light Cameras in N.M.
Mayor Martin Chavez has appointed a task force to study how effectively Albuquerque’s red-light cameras are reducing the number of traffic crashes, the Associated Press reported.
November 26, 2007Xata’s Losses Widen in 4Q
Transportation software firm Xata Corp. said Thursday it lost $4.5 million, or 57 cents a share, in its fiscal fourth quarter, compared with a loss of $498,000, or 7 cents, a year ago.
November 26, 2007Swift CFO Resigns
Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.
November 26, 2007Allied Systems to Buy PTS
Performance Transportation Services, a Wayne, Mich., auto transporter, said it, along with certain subsidiaries, will file for chapter 11 bankruptcy as part of a $67 million deal to sell nearly all of its assets to Allied Systems Holdings.
November 21, 2007