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NewsSeptember 19, 2013

Roadrunner Continues Expansion with Massachusetts Carrier Purchase

The asset-light and logistics service provider, Roadrunner Transportation Systems, Cudahy, Wisc., has acquired Yes Trans, a refrigerated truckload service provider based in Salisbury, Mass.

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NewsSeptember 19, 2013

Long Beach Port Volume Hits Six-Year High, Exports up Dramatically

Containerized cargo volume at the Port of Long Beach surged 16% in August compared to the same month a year ago, with double-digit percentage gains in both imports and exports.

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Newsby Jim ParkSeptember 19, 2013

SAE Fuel Economy Tests Reveal Aero Device Performance

User-paid and impartial SAE Type II tests reveal the trailer side skirts tested are more effective at reducing fuel consumption than undercarriage aerodynamic devices.

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NewsSeptember 19, 2013

Truckers Supposedly Aware of Biodiesel Scheme, Six Indicted

Truck drivers supposedly knew of an alleged fuel scheme involving fraud in biofuels was going on but may not have said a word.

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NewsSeptember 19, 2013

Wheels Acquires Highway Brokerage, BBL Worldwide

Wheels Group, a North American non-asset third party logistics provider, has acquired BBL Worldwide, a non-asset 3PL company providing specialized cross border truck brokerage services.

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NewsSeptember 19, 2013

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.

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NewsSeptember 19, 2013

Classes 5-8 Orders Good in August; Orders Placed with Short Lead Times

As expected from the preliminary report, August was a good month for Classes 5-8 orders. However, the absence of sustained economic strength remains a limitation for Class 8 demand, and build expectations have been sharply curtailed over the past two months.

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Newsby Evan LockridgeSeptember 18, 2013

FedEx Profit Jumps, Freight Division Sees Small Increase

FedEx has reported increased profits and revenue during the first quarter of its fiscal year that ended August 31.

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NewsSeptember 18, 2013

Spot Rates Drop Despite More Available Freight

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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NewsSeptember 18, 2013

Bennett Motor Express Acquires Ace Doran Hauling & Rigging

Bennett Motor Express, McDonough, Ga has completed the purchase of Ace Doran Hauling & Rigging, a Cincinnati, Ohio-based company since 1913.

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