Transport Topics
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Two private equity investment firms, Headhaul Capital Partners and Argosy Investment Partners, have acquired Great Western Leasing and Sales Inc. and will work with the company's management to grow the business.
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FedEx Corp. and TNT Express N.V. announced that European regulators won't object to the companies' $4.9 billion acquisition plan, a decision that removes a barrier to their deal.
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Singapore Post has agreed to acquire TradeGlobal Holdings, a company based in Cincinnati that provides e-commerce and logistics services, from the investment firm Bregal Sagemount for $168.6 million.
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Weekly U.S. intermodal rail traffic rose 1% from the same period last year, the Association of American Railroads reported.
West Virginia Trucking Association members receive a 2.7% discount
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