Transport Topics
Volvo's Net Income Doubles in Second Quarter
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Volvo Group doubled net income for the second quarter to 5.19 billion Swedish krona ($597 million), led by stronger profits and rising sales in its truck business.
Stericycle Plans to Purchase Shred-It International
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Stericycle Inc., a company based in Lake Forest, Illinois, that manages the disposal of medical and hazardous waste, announced plans to buy Toronto-based Shred-It International for $2.3 billion.
Palladium Equity Buys Staffing Firm TransForce
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Palladium Equity Partners, a private equity company, said an affiliated fund acquired driver staffing company TransForce Inc.
Jobless Claims Decline for First Time in Month
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Filings for U.S. unemployment benefits declined last week for the first time in a month, heading back toward the lowest levels in more than a decade and signaling firings remain muted.
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