Transport Topics
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XPO Logistics Inc. posted its first-ever profit, earning $42.6 million, or 35 cents per share, as results improved in the less-than-truckload and last-mile services as well as European logistics activity.
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ZF Friedrichshafen AG has made an offer for Haldex AB, a supplier of brake products and air suspension systems for commercial vehicles, for about $520 million, or $12 per share.
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Epes Logistics Services Inc. has acquired Epic Logistics in a deal made official on July 29, adding new resources for parent company Epes Carriers Inc. Terms of the deal were not disclosed.
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The U.S. trade deficit widened in June to an almost one-year high as the price of oil jumped and American companies imported more consumer goods.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.