TransForce Completes Acqusition of Trucking Firm Westfreight
Canadian transportation firm TransForce Income Fund said Thursday it completed its acquisition of Westfreight Systems and Westfreight Holdings (U.S.A.). Terms were not disclosed.
January 4, 2007TT Podcasts: RoadSigns
COMTO's April Rai offers tips to increase workforce diversity and grow profits.
Goodyear to End Tire Production at Quebec Plant
Goodyear Tire & Rubber Co. said Thursday it will end tire production at its facility in Valleyfield, Quebec, Canada, and convert the facility to a mixing plant.
January 4, 2007DHS Issues ‘TWIC’ Credentialing Rule for Port Workers
The Department of Homeland Security Wednesday issued its final rule under its Transportation Worker Identification Credential program for port security.
January 4, 2007ISM Services Index Falls in December
The economy’s service sector growth rate fell in December following two increases, the Institute for Supply Management reported Thursday.
January 4, 2007Factory Orders Rise 0.9% in November
Factory orders rose 0.9% in November, the Commerce Department reported Thursday.
January 4, 2007ISM Manufacturing Index Rebounds from Contraction
The Institute for Supply Management said Wednesday its manufacturing index for December rose to 51.4 from a 49.5 reading, which had been the first contraction in more than three years.
January 3, 2007EGL’s CEO Offers to Take Company Private in $1.2 Bln. Buyout
Transportation and logistics firm EGL Inc.’s Chief Executive Officer James Crane and an investment firm offered to take the company private in a $1.2 billion buyout, the company said.
January 3, 2007HOS Rules in Canada Took Effect This Week
New Canadian hours-of-service rules for commercial drivers took effect Monday, but officials said it was not clear when most provinces would adopt and enforce them.
January 3, 2007Letters to the Editor: 68 Miles Per Hour (Continued)
It looks like the only way the big companies can save face with shippers and receivers is to force smaller companies like us to downgrade our services to match their dysfunctional programs.
January 3, 2007Construction Spending Declines for Third Straight Month
U.S. construction spending fell for a third straight month in November, declining 0.2%, the Commerce Department said Wednesday.
January 3, 2007