Transport Topics
U.S. Xpress Records First Quarterly Loss Since Going Public
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Truckload carrier U.S. Xpress reported a net income loss of $1.4 million, or minus 3 cents per share, in the third quarter, when the Chattanooga, Tenn.-based company announced its earnings Nov. 1.
Old World Industries Acquires Dasco’s DEF Business
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Old World Industries announced it acquired Dasco Inc.’s diesel exhaust fluid and prilled [pellet] automotive-grade urea global business and assets.
Fiat Chrysler Posts Record North America Earnings, Margins in Q3
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Fiat Chrysler Automobiles NV delivered record third-quarter pre-tax earnings in North America and a best-ever 10.6% margin, the automaker said Thursday, a sign to its would-be French partner, Groupe PSA, that it could be a strong ally on the continent.
Convoy Enhances App, Giving Carriers Access to More Spot Freight
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Digital freight broker Convoy launched direct-from-shipper loads nationwide, a feature intended to provide carriers access to 10 times the amount of spot freight from America’s largest shippers.
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