TransForce to Acquire Velocity Express
TransForce Inc. said Thursday it has entered into an agreement to acquire Velocity Express and its subsidiaries. No terms were disclosed.
January 17, 2013England Logistics Appoints Beardall President
England Logistics said Tuesday it has promoted Jason Beardall to president from executive vice president.
January 15, 2013Livingston International Acquires MBLX Inc.
Livingston International said Monday it has acquired barge freight handling and forwarding company MBLX Inc. Terms were not disclosed.
January 14, 2013CN Opens New Calgary Intermodal Facility
Canadian National Railway Co. has opened a new intermodal terminal in Calgary, Alberta, a key transfer point from the Canadian ports of Prince Rupert and Vancouver and major U.S. and Canadian cities.
January 11, 2013Sanderson Promoted to CEO of Bolt Holdings
Bolt Holdings, Toledo, Ohio, the parent company of Bolt Express and Strike Logistics, said it has promoted Guy Sanderson to CEO.
January 11, 2013Intermodal Traffic Falls 8% for Week, Due to Holiday
U.S. rail intermodal traffic fell 8% last week over the same week a year ago, due to the New Year’s holiday, the Association of American Railroads said.
January 11, 2013Private Equity Firm Acquires American Fast Freight
Private equity firm The Jordan Company said it has acquired American Fast Freight, an ocean freight forwarding company. Terms were not disclosed.
January 10, 2013Port Logistics Group Acquires Pacific Distribution Services
Port Logistics Group said it has acquired Pacific Distribution Services, a warehousing and transportation provider serving the ports of Seattle and Tacoma, Wash. Terms were not disclosed.
January 9, 2013BNSF Projects Its Crude Oil Shipments to Climb 40% on Shale Boom
Burlington Northern Santa Fe railroad will boost crude-oil shipments by 40% this year, helping to offset declines in other cargo, Bloomberg News reported.
January 9, 2013November Trailer Orders Decline From Strong Year-Ago Performance
Orders for new U.S. trailers tumbled 22.8% to 22,306 in November from the same month in 2011, when new orders hit a recent peak, but manufacturers said they remained very busy at the end of 2012.
January 7, 2013