Celadon Trucking Services, part of Celadon Group, has agreed to acquire Hyndman Transport, based in Wroxeter, Ontario.
Trucking Logistics
Trucking is the dominant mode of domestic freight transportation in the United States. It is divided between for-hire trucking, composed of long-haul and regional truckload carriers and less-than-truckload carriers, and private, shipper-owned fleets. Smaller, niche operators include drayage truckers that haul intermodal containers from rail yards and seaports, and flatbed companies that handle heavy freight.
Press Releases
23 May 2013
General Motors will invest $44.5 million to build a logistics optimization center at its Lansing Grand River Assembly plant in Michigan.
23 May 2013
Net orders for Class 8 trucks totaled just over 23,200 units in April, up 36 percent year-over-year, remaining above 20,000 units for a seventh consecutive month and reaching the second highest volume in 16 months...
22 May 2013
Con-way Freight will build a new, 96-door freight service center in Fond du Lac, Wis.
22 May 2013
Average truckload and less-than-truckload operating ratios climbed in the first quarter, hitting their highest points in at least a year, according to the JOC.
22 May 2013
The DAT North American Freight Index fell 16.5 percent year-over-year in April 2013, down to 1488, compared with a record April high in 2012, according to the latest release from DAT.
22 May 2013
Average less-than-truckload yield increased 3 percent in the first quarter among large publicly owned motor carriers tracked by The Journal of Commerce.
22 May 2013
The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index slid 0.2 percent to 123.2 in April, after rising 0.9 percent in March to 123.5.
22 May 2013
XL Group, an insurance and reinsurance company, has expanded its inland marine business with the addition of truck cargo coverage for medium to large-sized trucking operations in North America.
21 May 2013
LTL Carrier YRC Freight began implementing a change of operations that will close 29 terminals, restructuring its nationwide network to gain efficiency.
21 May 2013
Penske Truck Leasing has opened its new $6 million, 24,000 square foot facility in Phoenix.
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Commentary
Q&A: A Harsh Lesson on Due Diligence