Swift Buys Central Refrigerated
Swift Transportation Co. said it has acquired privately held carrier Central Refrigerated for $225 million.
August 7, 2013YRC’s 2Q Loss Declines; Company Completes Network Optimization Plan
YRC Worldwide said Wednesday its second-quarter net loss declined from a year ago, and the company posted adjusted earnings of $74.7 million as it completed its network optimization plan.
August 7, 2013EZE Buys Houston Heavy-Haul Trucking Company
EZE Trucking, Rialto, Calif., said it has acquired Rig Runners Inc., a Houston-based heavy-haul trucking and logistics company.
August 7, 2013C.H. Robinson’s Second-Quarter Profit Slips
C.H. Robinson Worldwide said its second-quarter net income fell slightly from a year ago, but revenue improved.
August 7, 20132Q Intermodal Volume Rises 2.4%, IANA Reports
Intermodal container volume rose 2.4% to 3.8 million units in the second quarter from a year ago, the Intermodal Association of North America said.
August 7, 2013Trade Deficit Narrows as Exports Rise to Record
The U.S. trade deficit declined 22.4% in June as crude oil imports fell and U.S. exports rose to a record, the Commerce Department reported.
August 7, 2013Diesel to Average $3.92 This Year, DOE Says
Diesel fuel will average $3.92 a gallon this year, about equal to its current pump price, the Department of Energy reported.
August 6, 2013Expeditors’ 2Q Profit Improves
Expeditors International of Washington said Tuesday its second-quarter profit rose 10% from a year ago on increased airfreight services revenue.
August 6, 2013Apex Freight Acquires Colorado Logistics Firm
Apex Freight Services said it has acquired Evergreen, Colo.-based third-party logistics firm Timberline Freight Services. Terms were not disclosed.
August 6, 2013Court Upholds Most Provisions of HOS Rule
A federal appeals court upheld the majority of the government’s hours-of-service rule for truck drivers, rejecting most arguments presented by American Trucking Associations and Public Citizen.
August 6, 2013