Transportation
COMPETITION WATCH: Hub Group acquires Exel Transportation Services
DOWNERS GROVE, Ill. -- Freight transportation management giant Hub Group has purchased Exel Transportation Services (ETS) for $83 million, before post closing adjustments. Exel is now a wholly-owned subsidiary of Hub Group, operating...
Heavy-duty commercial vehicle net orders rise again in March
COLUMBUS, Ind. -- Preliminary reports are showing heavy-duty Class 8 commercial vehicles net orders for North American markets rose to 29,200 units in March, according to ACT Research Co. (ACT). Net orders in March were up 159% from year ago...