91ÊÓƵ

Ceva Logistics’ board of directors has recommended that shareholders reject a tender offer from CMA CGM to buy all of the publicly held shares of stock in the Swiss company, saying the price of 30 Swiss francs per share is too low.

Ryder System Inc. announced it has expanded its digital truck-sharing platform, Coop by Ryder, to South Florida.

Camera monitor systems designed to replace a truck’s conventional side mirrors are getting favor­able reviews from drivers, according to exec­utives at fleets that are testing the new technology, which also recently received a nod of approval from federal regulators.

United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco.

Oaktree Capital Management is investing $450 million and forming a strategic partnership with Watco Cos., a privately owned company that provides a broad range of rail transportation services in North America and Australia.

YRC Worldwide Inc., a holding company for less-than-truckload carriers, in its initial look at fourth-quarter results forecast flat operating revenue with operating income possibly coming in more than twice as high as a year earlier.

Shareholders of Roadrunner Transportation Systems, who have seen the value of their holdings plummet following a finance scandal that led to the dismissal of several top executives more than a year ago, are being given a chance to buy more stock — 900 million shares to be exact — at 50 cents a share as part of an effort by new management to recapitalize the business.

In an effort to strengthen its position in the growing final-mile trucking sector, J.B. Hunt on Jan. 8 announced it is purchasing Cory 1st Choice 91ÊÓƵ Delivery for $100 million.

After working for eight years under a series of contract extensions, less-than-truckload carrier YRC Freight and its two regional operations have opened contract negotiations with the International Brotherhood of Teamsters.