New business volume grew 16.4% in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity released by the Equipment Leasing and Finance Association.
Converting more fleets of trucks to natural gas is one of the outcomes expected from the region's industry-wide summit on natural gas in trucking opening this Thursday, Oct. 17, at the Early Brown Center in Brooklyn Center. Details at www.mntruck.org.
Transplace, a provider of transportation management services and logistics technology, has appointed Warren Hoppmeyer as senior director, sales, for the chemical division.
Weather permitting, this Friday night, Oct. 18 and Saturday night, Oct. 19 starting at 9:30 p.m., the Virginia Department of Transportation will begin to close lanes on I-95 south just before Marine Corps Base Quantico Russell Road to Garrisonville Road progressing to a full closure of I-95 south from 1 a.m. to 5 a.m., Saturday and Sunday mornings.
Marten Transport has reported its best profit of any quarter in the company’s history. It improved 22.4% to $8 million, for the third quarter of this year, up from $6.5 million for the third quarter of 2012.
Livingston International has acquired the assets of Advantex Express Inc. as well as the shares of its two U.S. entities, Advantex Express, Inc. and Andina Group International, Inc.
Iowa-based trucking company Heartland Express has reported net income increased $3.4 million to $15.9 million in the third quarter of the year compared to $12.4 million in the 2012 period, a 27.6% increase.
The Volvo Group will restructure its truck-manufacturing activities in Europe over the next two years, improving efficiency and cutting its workforce, as it implements part of a new group-wide efficiency program.