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Business: Page 1148
Business
Integrated Freight to acquire Texas Star Express
Integrated Freight Corp. announced Tuesday, Nov. 16, that it has executed a letter of intent to acquire Texas Star Express of Rockwall, Texas. The LOI allows for 45 days of due diligence and a definitive agreement to be completed within that timeframe. The current proposed deal is for a combination of cash, stock and a […]
November 16, 2010
Business
L.A. port wants to operate satellite offices worldwide
In an effort to further promote its assets globally, the Port of Los Angeles is seeking firms and individuals to provide international business development and trade promotion services in eight locations worldwide. With satellite marketing offices currently representing the port in major cities throughout the world, the port seeks to continue operations in South America […]
November 16, 2010
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Business
Menlo working with Blue Coat to expedite EMEA, Asia Pacific service
Menlo Worldwide Logistics, the global logistics subsidiary of Con-way Inc., announced that Blue Coat Systems Inc. is working with Menlo in Europe to provide more efficient service for customers in EMEA and Asia Pacific. The services are based primarily in Menlo’s Rotterdam facility and range from quality control of inbound raw material through software loading […]
November 16, 2010
Business
UPS forecasts 430 million holiday packages, 24 million on Dec. 22
UPS said Tuesday, Nov. 16, that from Thanksgiving to Christmas, the company expects to deliver about 430 million packages around the world. And on the busiest day of the year for UPS – Wednesday, Dec. 22 – the company anticipates delivering 24 million packages worldwide, a nearly 60 percent increase over UPS’s normal daily delivery […]
November 16, 2010
Business
Schneider National using Vigillo to address shippers’ needs
Vigillo, creators of data mining software products designed to aggregate, organize and deliver complex fleet safety information in an easy-to-read scorecard format, announced Tuesday, Nov. 16, that Schneider National is utilizing its suite of Comprehensive Safety Analysis 2010 scorecards to help educate and prepare shipper’s for the new CSA regulations. “As we visit with our […]
November 16, 2010
Business
Bridgestone Bandag Tire Solutions to relocate HQ team to Nashville
Bridgestone Americas on Monday, Nov. 15, announced plans to begin the process of relocating members of its senior management team and other specific functions of its Muscatine, Iowa-based Bridgestone Bandag Tire Solutions operations to locations in the Nashville, Tenn., area, including BSAM’s headquarters facility in Nashville. BSAM says the decision is part of an overall […]
November 16, 2010
Business
Gisinger succeeds Martin as president of SAF-Holland’s American ops
Sam Martin, chief operating officer of SAF-Holland Group and president of the American subsidiary SAF-Holland Inc., will resign from his operating activities at the end of 2010 at his own request, the company announced Tuesday, Nov. 16. Martin, who will remain available to the company to help ensure a smooth transition, is expected to be […]
November 16, 2010
Business
EBE releases Ships Version 5.0 for financial, logistics applications
EBE Technologies announced the release of Ships Version 5.0 for its financial and logistics applications. The applications join EBE Driver Services applications in running in both a 32- and 64-bit operating systems environment and Microsoft.Net application framework. In addition to providing a single platform to the Ships enterprise suite, the new version is based on […]
November 16, 2010
Business
Rush Enterprises acquires Ford, Isuzu franchise in Dallas
Rush Enterprises Inc. announced that it has acquired certain assets of Metro Ford Truck Sales Inc., a Ford and Isuzu commercial truck dealer in Dallas. Rush will operate the location as Rush Truck Center – Dallas Medium Duty, offering Ford and Isuzu trucks, parts and service, as well as collision repair, leasing, financing and insurance. […]
November 16, 2010
Business
Volvo Group enters partnership with WWF
The Volvo Group is joining the World Wide Fund for Nature’s (WWF) Climate Savers Program. As a WWF partner, the Volvo Group’s truck companies will undertake reducing the CO2-emissions from vehicles manufactured between 2009 and 2014 by 13 million tons. Independent technical experts will oversee the results. “The partnership with WWF means that we are […]
November 16, 2010
Business
CGN becomes Certified Solution Partner for LLamasoft
CGN, a global business performance consulting firm with a presence in the USA, China, India, Netherlands, and the U.K., has been selected by LLamasoft to be one of its Certified Solution Partners (CSP). The CSP program was developed to provide LLamasoft clients and prospects with consulting partners with a track record of continuously delivering quality […]
November 16, 2010
Business
Diesel prices jump 6.8 cents
After a period of remarkable stability from June through September, the national average price of diesel has risen 23.3 cents since the end of September, according to the U.S. Department of Energy’s Energy Information Administration. Diesel prices rose 6.8 cents to $3.184 during the week ended Nov. 15 following a jump of 4.9 cents the […]
November 15, 2010
Business
ATD chairman: Fuel economy rules must be uniform, cost-effective
At a hearing on Monday, Nov. 15, on a proposal to establish first-ever fuel economy rules for commercial and work trucks and engines, the chairman of the American Truck Dealers urged federal regulators to ensure that any new mandates are “appropriate, cost-effective and technologically feasible.” Kyle Treadway, ATD chairman, highlighted the significance of Section 102 […]
November 15, 2010
Business
UPS CEO: Exports key to economic rebound
A boost in exports is the catalyst that the U.S. economy needs to rebound, according to Scott Davis, UPS’s chairman and chief executive officer. “In my view, global trade is the quickest and surest way to accelerate global growth, create new jobs and improve living standards,” Davis said in remarks Monday, Nov. 15, at the […]
November 15, 2010
Business
US 1 reports higher 3Q net income
US 1 Industries said Monday, Nov. 15, that operating revenues increased by $24.0 million to $156.4 million for the nine months ended Sept. 30 from $132.4 million for the same period in 2009, an increase of 18.1 percent primarily attributable to the increase of load activity. The company’s operating revenues for the three months ended […]
November 15, 2010
Business
Trailer Bridge posts lower 3Q profit
Trailer Bridge announced Monday, Nov. 15, that for the three-month period ended Sept. 30, the company had net income of about $6,900 compared to net income of $1.7 million in the prior-year period. The company’s operating income was $2.5 million compared to $4.1 million, a decrease attributed primarily to decreased volumes and lower rates combined […]
November 15, 2010
Business
Bison Transport chooses Volvo’s MVASIST
Bison Transport announced that it has adopted MVASIST, the service management platform in use at Volvo Trucks North America dealer locations. The Winnipeg, Manitoba-based company says the Web-based system is providing better control over breakdown and warranty service for its 1,000-plus tractors, leading to administrative and downtime cost savings. Volvo says MVASIST allows Bison to […]
November 15, 2010
Business
Fast Lane offers secure overnight storage near L.A./Long Beach ports
Fast Lane Transportation Inc., a provider of intermodal transportation and equipment services throughout California, has launched a new service that offers secure overnight load storage. Situated on 12 acres in Wilmington, half a mile from the Los Angeles/ Long Beach harbors, the new service will provide a safe and secure facility with guard protection, gated […]
November 15, 2010
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