Volkswagen Offers to Buy Out MAN to Push Truck Integration
Volkswagen AG will offer to buy out the rest of MAN SE’s shareholders to take full control of the German truck maker, Bloomberg News reported Thursday.
January 10, 2013EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
Wholesale Inventories Rise 0.6%
Wholesale inventories increased 0.6% in November, the Commerce Department said Thursday.
January 10, 2013Amazon to Open Distribution Center in N.J.
Amazon.com said it plans to open a 1-million-square-foot distribution center in New Jersey that it expects will create hundreds of jobs.
January 10, 2013Initial Jobless Claims Rise for Week
Initial jobless claims increased by 4,000 last week, the Labor Department said Thursday.
January 10, 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, 2013Diesel to Average $3.87 This Year, DOE Says
Diesel fuel will average $3.87 a gallon this year, the Department of Energy said, raising a previous forecast by 3 cents.
January 10, 2013DOT Freight Transportation Index Rebounds
The Department of Transportation’s freight transportation services index rebounded in November from October, matching its year-ago level, DOT said Wednesday.
January 9, 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, 2013Port of Long Beach Begins Work on $1 Billion Bridge Replacement Project
The Port of Long Beach, Calif., announced it has begun construction on a $1 billion project to replace its main bridge, the 45-year-old Gerald Desmond Bridge.
January 9, 2013Virginia Gov. McDonnell Proposes Eliminating Gasoline Tax
Virginia Gov. Bob McDonnell (R) announced a proposal Tuesday to remove the state’s gasoline tax, which would make Virginia the first state in the country to eliminate that tax.
January 9, 2013