The Volvo Group and Chinese firms Sinotruk Ltd. and China National Heavy Duty Truck Group Corp. have signed an agreement under which Sinotruk will purchase all of Volvo’s equity interest in Jinan Huawo Truck Corp., Bloomberg reported.

Canadian transporter Mullen Group offered to buy Ontario-based logistics firm Livingston International Income Fund in an all-stock deal that tops a previous buyout offer from a consortium of other investors.

UPS Inc. will provide logistics services for used vehicle auctioneer Manheim, the company announced.

Officials in Vermont and New York have decided the Crown Point Bridge connecting the two states at the southern tip of Lake Champlain is too badly deteriorated to repair.

Logistics service providers are adjusting as the global economic downturn has caused many companies to curtail production and reduce inventories, stalling the longtime trend of expanding international trade, thereby reducing demand for transportation services in North America.

Consistent with the notion that every cloud has a silver lining, achievers in the logistics business are finding opportunities in difficult times.

Five states have formed a coalition to seek a $300 million federal grant to help pay for intermodal development and improvements along the Norfolk Southern Railroad corridor that stretches from New Orleans to New York City.

Freight broker BirdDog Logistics Services said that it has acquired Churchill Transport Group, a third-party logistics firm.