Transport Topics
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Privately held Schneider announced plans to do an initial public offering of its shares next year, becoming the last of the 10 largest North American trucking companies to take that approach to funding operations and expansion.
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In the coming decades, consumer demand for goods and services will lead to a sharp increase of trucks on the country's roadways, prompting a need for greater capacity, the nation's top transportation official told an audience in downtown Washington, D.C., on Sept. 28.
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Love's Travel Stops & Country Stores Inc. will expand its truck maintenance program at all of its truck stops nationwide to include services related to fluids, filters and lubes, in addition to existing truck tire care and light mechanical options.
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Deutsche Post DHL Group has agreed to acquire UK Mail Group on Sept. 28 for 242.7 million pounds ($315.5 million), enhancing the company's presence in the e-commerce market in Great Britain.
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