Trucking Info

Fleet Management

Platinum Equity Completes Acquisition of Bridge Terminal Transport

Platinum Equity has completed the acquisition of substantially all the assets of Bridge Terminal Transport Inc. from Maersk Inc., a subsidiary of the A.P. Moller-Maersk Group. Financial terms of the transaction were not disclosed. The business will continue to operate under the Bridge Terminal Transport brand going forward.

Spot Rates Drop Despite More Available Freight

Credit: DAT

A lot more freight has been available on the spot market over the past week, but it has also pushed rates down. New figures released from DAT show total spot market freight needing to be moved increased 22% September 8-14, compared to the previous seven days.

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