Seko Logistics Acquires Stake in e-commerce Firm
Seko Logistics has acquired an equity stake in Metakinetic, an e-commerce company.
October 2, 2014Saia Mobilizes Fleet With Tech from AT&T
Saia Inc.’s less-than-truckload freight division said it is using network services from AT&T to manage its fleet and terminals.
October 2, 2014Logistics Firm Network FOB Acquires Interlog USA
Network FOB, a Jacksonville, Florida-based logistics firm, has acquired international transportation company Interlog USA Inc. Terms were not disclosed.
October 2, 2014Factory Orders Drop 10.1% in August
Factory orders dropped 10.1% in August after a 10.5% rise the prior month, the Commerce Department reported Oct. 2.
October 2, 2014WTI Crude Slips Below $90 for First Time in 17 Months
West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand.
October 2, 2014Jobless Claims Decline by 8,000
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, a sign the job market is sustaining progress.
October 2, 2014MC&E 2014
Landstar Appoints New CEO
Landstar System Inc.’s board of directors has appointed James Gattoni as CEO, succeeding Henry Gerkens, who will continue to serve as executive chairman until May 2015.
October 1, 2014Volvo Trucks Postpones Planned LNG Engine
Volvo Trucks said it is postponing its planned compression-ignition liquefied natural gas engine for the North American market.
October 1, 2014Manufacturing Cools as Factories Settle Into More Sustainable Expansion
Manufacturing cooled in September following the strongest rate of growth in three years as U.S. factories settled into a more sustainable expansion that will spur the economy.
October 1, 2014