Acquisitions Drive Daseke Revenues Higher
Daseke Inc. reported a much-improved fourth quarter 2017 over the same period the year before, driven in part by seven acquisitions it made in 2017.
March 19, 2018Rush Enterprises Increases Stock Repurchase, Targets $7 Billion in Revenue
National truck dealership Rush Enterprises Inc. increased its existing stock repurchase program by $35 million, and views the move as supporting its multiyear growth strategy.
March 19, 2018Canadian Logistics Firm Plans Significant US Expansion After Acquiring Houston Company
Montreal-based Logistec Corporation said it is significantly expanding its business operations in the United States with the acquisition of Gulf Stream Marine, a Houston cargo handling, stevedoring and terminal operator in the Gulf Coast region.
March 19, 2018Driver Turnover Rates Down in 4Q
Driver turnover rates fell at the end of 2017 as tonnage volume rose and trucking firms focused on a mix of pay increases, sweetened benefits and other inducements to recruit and retain drivers.
March 19, 2018Wex Adds Fuel Card for Mixed-Vehicle Fleets
Wex Inc. announced the latest addition to its line of fleet cards, WEX Cross Roads, a one-card solution for fleets operating multiple types of vehicles. The card provides unleaded gasoline and diesel fueling options at both truck stops and convenience stores.
March 19, 2018Online Grocers to Need More Cold Storage Space
The rise in online grocery sales could bring a need for more industrial cold storage space by the food industry, according to CBRE Research, a commercial real estate services firm.
March 19, 2018Hyliion Offers Own Trucks to Customers Wanting to Test Hybrid Electric Axle
The electrification company Hyliion announced it is making its hybrid electric 6X4HE axle available to potential customers to test on the company’s own Class 8 trucks.
March 19, 2018GasBuddy Supplies B2B Software to Pilot Flying J
GasBuddy announced that Pilot Flying J, the largest operator of travel centers in North America, has selected its software-as-a-service application, GasBuddy Business Pages, to drive customers to its 750 locations.
March 19, 2018Heartland Drops Accountant KPMG
Heartland Express dismissed its longtime accounting firm KPMG after KPMG’s year-end 2017 report for Heartland stated that the truckload carrier didn’t maintain internal controls over financial statements and access to its technology as it prepared to purchase Interstate Distributor Co. last July.
March 19, 2018Capitol Agenda for the Week of March 19: Listening in Louisville
Trucking regulators at the Mid-America Trucking Show this week are scheduled to hear directly from the men and women who drive commercial trucks and keep the economy humming.
March 19, 2018