CRST Buys Shorthaul Carrier
CRST International Inc. said it has acquired BESL Transfer Co., a Cincinnati-based flatbed carrier.
January 2, 2014Mich., N.J., Vermont Declare HOS Waivers
Three states — Michigan, New Jersey and Vermont — have suspended parts of the federal driver hours-of-service rule due to an ongoing propane shortage.
December 31, 2013Bonus Depreciation Tax Credit Expires
Congress went home at the end of 2013 without extending a tax deduction that is credited with helping boost truck sales during choppy economic times.
December 31, 2013Pa. Turnpike Tolls to Rise Jan. 5
Tolls on the Pennsylvania Turnpike will increase Jan. 5 by 2% for those paying with E-ZPass and by 12% for those paying cash.
December 31, 2013Carlyle Group Discloses YRC Investment
Carlyle Group Inc. said it has invested $55.2 million in connection with YRC Worldwide Inc.’s recently announced agreement to reduce its debt load.
December 31, 2013Home-Price Index Sees Largest Jump in 7 Years
Home prices in 20 major U.S. cities rose in October by the most in 20 years, according to Standard & Poor’s.
December 31, 2013Cooper Seeks Damages After Ending Apollo Tyres Merger Deal
Cooper Tire & Rubber Co. said it will pursue a $112.5 million “reverse termination fee” after ending its attempt to acquire Apollo Tyres.
December 31, 2013Diesel Average Rises to $3.903; Gasoline Increases 6¢
The average U.S. retail diesel price rose 3 cents to end the year at $3.903 a gallon, the Department of Energy reported Dec. 30.
December 30, 2013Nominations Open for Influential Woman in Trucking Award
The Women in Trucking Association and Navistar International Corp. are seeking candidates for the 2014 Influential Woman in Trucking award.
December 30, 2013Descartes Acquires 2 European Firms
Descartes Systems Group, a Waterloo, Ontario-based logistics software provider, has acquired Impatex Freight Software Limited, a freight forwarding company based in the United Kingdom, and Compudata, a supply chain integration provider in Switzerland.
December 30, 2013