Investors to Buy Livingston International
Canadian customs brokerage firm Livingston International Income Fund said that it has agreed to an acquisition offer from CPP Investment Board and Sterling Partners.
October 9, 2009Rail, Intermodal Traffic Fall for Week
Intermodal rail traffic in the United States fell 15.7% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
October 9, 2009Accuride Files for Chapter 11 Bankruptcy
Accuride Corp., a manufacturer of steel and aluminum truck and trailer wheels, filed for Chapter 11 bankruptcy protection Thursday, Bloomberg reported.
October 8, 2009ATRI Names Steve Williams Chairman
The American Transportation Research Institute has named Steve Williams, president of flatbed carrier Maverick USA, its new chairman.
October 8, 2009Transportation Officials Cancel Plans for Trans-Texas Corridor
The Texas Department of Transportation has pulled the last plug on the Trans-Texas Corridor, Gov. Rick Perry's embattled plan to build a toll-road network across the state.
October 8, 2009Express-1 Acquires Freight Forwarder LRG
Express-1 Expedited Solutions said that it has acquired LRG International, an international freight forwarder specializing in ocean and air freight.
October 8, 2009Initial Jobless Claims Fall to 10-Month Low
Initial jobless claims fell to a 10-month low last week, the Labor Department said Thursday.
October 8, 2009ATA’s Graves Cites Trucking’s ‘Transformational Moment’
LAS VEGAS — American Trucking Associations President Bill Graves told trucking executives here that even after surviving a tough 2009, trucking’s future could hold more challenges given the changes being faced by both the industry and the country as a whole.
October 7, 2009Diesel to Average $2.60 in Fourth Quarter, DOE Says
Diesel will average $2.60 in the fourth quarter, down slightly from the August-September average of $2.63, the Department of Energy said in its monthly short-term energy outlook.
October 7, 2009Onboard Systems Are Safe, Providers Say
Manufacturers of onboard communication systems for trucking defended their products’ safety, and some said that they can be used with minimal distraction from driving.
October 7, 2009