05 Dec McLeod Software Buys New Headquarters Transportation software provider McLeod Software purchased a building in Birmingham, Ala., for its new headquarters and plans to move in by the summer of 2018, the company announced. Read more...
05 Dec Soaring Global Freight Costs Expected to Squeeze Traders, Boost Food Prices It’s getting more expensive to transport commodities around the world, threatening to squeeze profits for global traders and raise food prices. Read more...
05 Dec US Trade Deficit Is Widest Since January The U.S. trade deficit widened in October to a nine-month high on record imports that reflect steady domestic demand, Commerce Department data showed Dec. 5. Read more...
04 Dec EPA Urged Not to Repeal Rule Regulating Glider Truck Emissions Dozens of representatives for trucking trade associations, health and environmental nonprofits, private citizens, truck dealers and manufacturers on Dec. 4 urged the U.S. Environmental Protection Agency not to repeal a provision in the 2016 Obama administration Phase 2 greenhouse gas reduction rule to regulate emissions requirements for glider kits. Read more...
04 Dec Daseke Adds Three More Trucking Fleets It’s been a flurry of mergers and acquisitions for Daseke Inc. in 2017, the latest being transactions on Dec. 4 to bring Tennessee Steel Haulers & Co., The Roadmaster Group and Moore Freight Service into the family. Read more...
04 Dec Diesel Dips 0.4¢ to $2.922 a Gallon The U.S. average retail price of diesel dipped 0.4 cent to $2.922 a gallon as oil prices also slipped as domestic and foreign producers squared off over how to manage production. Read more...
04 Dec C&J Energy Buys O-Tex to Expand Oil-Field Services Oil-field services provider C&J Energy Services completed its acquisition of O-Tex Holdings, a provider of oil-field cementing services in West Texas. Read more...
04 Dec ACT Seeks Participants for Study of Electric Vehicle Market ACT Research Co. is developing a multi-client study to define a vision of the market potential in the United States and Canada for electric medium- and heavy-duty commercial vehicles stretching into the year 2035. Read more...
04 Dec Former Swift CFO Ginnie Henkels Joins Viad Board Virginia “Ginnie” Henkels, Swift Transportation’s former chief financial officer, has landed a new post on the board of directors at Viad Corp., which serves the live event and travel industries. Read more...
04 Dec Simplified Hires Logistics Veteran as CFO Simplified Logistics, a transportation management service company, hired Sheila Taylor, who has experience in the third-party logistics and less-than-truckload sectors, to be its chief financial officer. Read more...