Transport Topics
Dicom Acquires Eastern Connection
- Details
Private-equity investment firm Wind Point Partners said its Dicom Transportation Group, a business-to-business expedited transportation service based in Montreal, acquired Eastern Connection, a regional overnight parcel business that operates in the northeastern United States.
UPS Adds Electric Vehicles With Longer Range
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UPS Inc. announced that it purchased 125 additional hybrid electric delivery trucks as part of a broader program to deploy electric-powered vehicles with longer range and performance.
MacroPoint Expands Integration with TMW
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Freight-tracking provider MacroPoint said it has enhanced its integration with TMW Systems' TMWSuite transportation management software to provide freight brokers, shippers and third-party logistics firms with greater visibility into load location.
DOE Predicts High Inventories, Soft Prices for Crude, Refined Products
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World and U.S. markets for crude oil and refined petroleum will continue to favor buyers in the short term, by a little more than recently expected, the U.S. Department of Energy predicted in a Sept. 9 report.
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