N.Y. Closes Thruway Section as Snow, Bitter Cold Move to Eastern U.S.
New York Gov. Andrew Cuomo (D) has ordered trucks off the New York State Thruway in Western New York as of 3 p.m. Jan. 6 due to an anticipated snowfall of 3 feet.
January 6, 2014XPO to Buy Pacer for $335 Million
XPO Logistics Inc. said it will acquire intermodal freight carrier Pacer International Inc. in a transaction valued at $335 million.
January 6, 2014Class 8 Orders Surge 50% in December
The Class 8 truck industry ended 2013 on a high note with about 31,800 new orders in December, a 50% jump from the same month a year earlier, ACT Research reported.
January 6, 2014Clarke Closes Sale of Freight Business to TransForce
Clarke Inc. said it has closed the sale of its truckload and less-than-truckload businesses to TransForce Inc. for C$100.5 million.
January 6, 2014Factory Orders Rise in November
Factory orders increased 1.8% in November, the Commerce Department reported Jan. 6.
January 6, 2014Green Bay Bridge Reopens
The Green Bay, Wis., bridge closed for more than three months after sagging reopened Jan. 5.
January 6, 2014Roadrunner Announces New COO
Roadrunner Transportation Services said it has promoted Brian van Helden to chief operating officer, succeeding Scott Dobak, who resigned to take a position as head of a Canadian transportation firm.
January 6, 2014DOT’s Foxx, Ferro Among Featured Speakers at Transportation Research Board’s Meeting
Transportation Secretary Anthony Foxx and Anne Ferro, head of the Federal Motor Carrier Safety Administration, are scheduled to address at the Transportation Research Board annual meeting later this month.
January 6, 2014LTL Vitran Accepts Offer From TransForce to Buy Canadian Assets at $6.50 Per Share
TransForce Inc. is now in line to acquire the remaining Canadian assets of Vitran Corp., after the seller accepted a $6.50-per-share offer that topped an earlier bid from Manitoulin Transport Inc., another Canadian carrier.
January 6, 2014Trucking, Suppliers Continue to Await Release of E-Logging Rule by FMCSA
The trucking industry and makers of electronic logging devices started 2014 braced for the Federal Motor Carrier Safety Administration to publish its long-awaited rule.
January 6, 2014