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U.S. housing starts in July jumped 5.9% in July from the month before due to strength in volatile multifamily construction.
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Roadrunner Transportation Systems Inc. has acquired certain of the assets of the Southeast drayage division of Transport Corporation of America Inc., a provider of intermodal transportation and related services in the Southeast.
Read More →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.
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A new report shows industrial production in the United States was at the same level in July as it was the month before. Meantime, a Labor Department report shows inflation is of little worry when it comes to the health of the economy.
Read More →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.
Read More →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.
Read More →Ryder System Inc. recently opened its state-of-the-art maintenance and rental facility in White River Junction, Vermont. The new facility provides maintenance and rental services for commercial vehicle fleets.
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An acronym transition and other things you should know about the pending rule mandating electronic logging devices.
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The permanent replacement for the collapsed Interstate 5 Skagit River Bridge span reached a major milestone this week as crews began setting eight enormous concrete girders that will support the new roadway.
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When looking to maximize the productivity of their fleets, executives should take advantage of the variety of resources available to them, both before and during the truck specification process. Industry experts can help them weigh and evaluate the hundreds of decisions awaiting them.
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