Universal Logistics Holdings Inc. has acquired intermodal carrier Fore Transportation Inc. for $34.9 million in cash, the Warren, Mich.-based truckload company announced Feb. 2.
February 5, 2018Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Airfreight Forwarders
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Extras
Universal Logistics Buys Fore Transportation, Expands in Chicago Market
PS Logistics Buys Shelton Trucking
PS Logistics purchased the assets of Shelton Trucking Services for an undisclosed price to expand its operations in the Southeast and garner terminals in Jacksonville, Fla., and Mobile, Ala.
February 2, 2018New Truck Drivers Thrive as Companies Struggle to Hire
Emily Duck is only 5-foot-4, but she has no trouble shifting the gears, hitting the brakes or climbing into the cab of a big rig that she drives from Edwardsville, Ill., to Kansas City almost every night.
RoadOne IntermodaLogistics Merges with Robin Hood Container Express
RoadOne IntermodaLogistics reached a deal to bring Southeast drayage provider Robin Hood Container Express into its family of companies.
February 2, 2018Special Truck Lane in New Mexico Speeds up Border Shipments
As NAFTA renegotiation talks wind down, a dedicated cargo lane for trucks is speeding up shipments from a massive Foxconn plant on the Mexican side of the Santa Teresa, N.M., border crossing.
Descartes Acquires Aljex to Broaden Freight Broker Capabilities
Descartes Systems Group acquired Aljex Software Inc. for $32.4 million, a move that expands the Waterloo, Ontario-based tech company’s services for freight brokers and carriers.
Port of Baltimore Sets Record in 2017 With 10.7 Million Tons of Cargo
The Port of Baltimore set new cargo records in 2017, handling 10.7 million tons of general cargo and the most containers and autos in its history, officials said.
Amazon's Investment in Warehouses, Robots Pays Off in Rising Sales and Bigger Profit
Years of investments in warehouses and robots and data centers and gadgets — that have often tested investor patience — paid off big for Amazon over the holidays.
Roadrunner Releases Financials Through 2016
One year after withdrawing its financial statements dating to 2011, Roadrunner Transportation Systems Inc. on Jan. 31 took a major step forward by releasing amended results through 2016.
Port Houston Sets Record for Container Volume in 2017
Port Houston broke its record for traffic in a year due to strength in the transportation of steel, wind energy equipment and automobiles, according to the port authority, which also is confident the numbers will grow with the plastin resin boom in the Gulf Coast.