Trucking Info

Fleet Management

XPO Logistics Completes Acquisition of 3PD

XPO Logistics Inc. has completed its previously announced acquisition of 3PD Holding Inc. in a transaction valued at approximately $365 million. The company financed the acquisition and related fees and expenses with the net proceeds of its recent $220.5 million public offering of common stock, together with cash on hand.

Roadrunner Transportation Prices Stock Offering

Asset-light and logistics provider, Roadrunner Transportation, has priced a public offering of 4.3 million shares of common stock, an increase over its previously announced public offering of 3.5 million shares, at a price of $27 per share to the public.

Road Systems Inc. Becomes Con-way Manufacturing

Road Systems Inc., a trailer manufacturer and subsidiary of Con-way Inc., has changed its name to Con-way Manufacturing, effective immediately. Con-way Manufacturing is a subsidiary of Con-way Inc., a $5.6 billion freight transportation and logistics services company.

Freight Shipments Fell 0.2% in June from May

The amount of freight carried by the for-hire transportation industry fell 0.2% in June from May, declining after a one month increase, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ Freight Transportation Services Index.

PGT Trucking Acquires Liedtka Trucking

PGT Trucking Inc. has acquired Liedtka Trucking, headquartered in Trenton, N.J. Liedtka Trucking, founded in 1964, specializes in flatbed and specialized hauling. Their lanes are primarily in New England, the Mid-Atlantic, the Southeast and Midwest.

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