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The longtime businessman and investor talks about how he's adapted the Warren Buffet model to trucking as he builds a nationwide flatbed presence through mergers with well-run carriers, and why he got into trucking at an age when many are thinking of retirement.
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Westport Innovations and Fuel Systems Solutions have entered into a merger agreement to create a new alternative fuel vehicle and engine company.
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Biodiesel producer Renewable Energy Group (REG) has completed its acquisition of substantially all the assets of Imperium Renewables, Inc., including the 100-million gallon nameplate biodiesel refinery and terminal at the Port of Grays Harbor, Wash., the company announced.
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Affinia Group, parent company of Wix Filters, is being sold to Mann+Hummel, a privately held global filtration company based in Germany.
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Chris Hornady is the third-generation leader of Alabama-based flatbed carrier Hornady Transportation. We spoke with him Monday shortly after the company announced it was becoming part of Daseke.
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Hornady Transportation of Monroeville, Ala., is the latest flatdeck carrier to join forces with Daseke Inc., an Addison, Texas, company that has over the past several years built up what it says is the largest company-owned fleet of flatbed, open-deck and specialty trucking capacity in North America.
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The ports of Seattle and Tacoma voted Aug. 4 to formally launch the Northwest Seaport Alliance, which unifies the cargo operations of the two Northwest ports in a bid to attract more cargo to the region.
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UPS announced it's buying Coyote Logistics, a non-asset-based truckload freight brokerage company, giving it a major presence in the U.S. truckload brokerage market.
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Roadrunner Transportation Systems has acquired Stagecoach Cartage and Distribution to help it expand its cross-border business into Mexico.
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TruckPro has completed the purchase of Power Train Service, a provider of heavy-duty aftermarket truck parts, fleet maintenance, remanufacturing, and mobile repair services.
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