19 Oct Odyssey Logistics & Technology to Acquire AFF Global in Busy Day of Mergers Odyssey Logistics & Technology Corp. has agreed to buy U.S.-based freight forwarder AFF Global Logistics for $465 million in cash and equity, the company announced Oct. 18. Read more...
19 Oct AIT Worldwide Logistics Acquires WorldFresh Express AIT Worldwide Logistics acquired WorldFresh Express, a Los Angeles-based freight forwarder that handles perishable food products, in a deal completed Oct. 17. Read more...
19 Oct US Home Sales Fell in September to Slowest Pace in Three Years WASHINGTON — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. Read more...
19 Oct Basin Commerce Launches New Workflow Program Bulk freight software solutions provider Basin Commerce unveiled Conduit, its new quoting and management workflow platform. Read more...
19 Oct New Interstate Interchange Opens in Louisiana Louisiana officials recently celebrated the completion of a project linking two interstate highways in the northern part of the state. The Interstate 49 North project in Shreveport creates an interchange with I-220. Read more...
19 Oct SunteckTTS Acquires HA Logistics Logistics provider SunteckTTS announced this week that it had acquired HA Logistics, a freight brokerage and logistics company with full-service sales and support operations in California, Ohio, Texas and Washington. Read more...
18 Oct Editorial: Let’s Be Careful Out There A character on the 1980s television police drama “Hill Street Blues” had a great catchphrase: “Let’s Be Careful Out There.” They’re also words that ring true today for those who make their living traveling the highways. Read more...
18 Oct Sygic Introduces Real-Time Driver Behavior Analysis Sygic, a Slovakia-based mobile navigation company, has unveiled a new driver behavior algorithm designed to motivate drivers to act safer behind the wheel. Read more...
18 Oct Werner Enterprises Posts Double-Digit Gains in Revenue, Profits in 3Q Werner Enterprises posted double-digit gains in revenue and profits in the third quarter as demand for the company’s one-way truckload freight hauling services was “stronger than normal” and shippers paid higher rates. Read more...
18 Oct Despite NAFTA Worries, Truck Traffic Into US From Mexico on Texas Bridge Hasn’t Slowed PHARR, Texas — Despite the South Texas trade community’s concern a year ago about the future of free trade with Mexico, 643,313 trucks crossed northbound over the Pharr-Reynosa International Bridge over the last 12 months, an increase of nearly 37,000 from the previous year. Read more...