Logistics News
EGL鈥檚 CEO Offers to Take Company Private in $1.2 Bln. Buyout
Transportation and logistics firm EGL Inc.鈥檚 Chief Executive Officer James Crane and an investment firm offered to take the company private in a $1.2 billion buyout, the company said.
January 3, 2007HOS Rules in Canada Took Effect This Week
New Canadian hours-of-service rules for commercial drivers took effect Monday, but officials said it was not clear when most provinces would adopt and enforce them.
January 3, 2007ABF Freight System Expands Services to Central, Southern States
Less-than-truckload carrier ABF Freight System said late Tuesday it has expanded its regional transportation network to include central and southern states.
January 3, 2007Diesel Price Declines 1.6垄 to $2.58 a Gallon
The national average retail price of diesel fuel fell 1.6 cents to $2.58 a gallon, the Department of Energy said Tuesday.
January 3, 2007BNSF Logistics Buys North Dakota 3PL Firm
BNSF Logistics said Tuesday it acquired third-party logistics firm Pro-Am Transportation Services, based in Jamestown, N.D. Terms were not disclosed.
January 2, 2007