News
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...
CTA warns of further pump pains with coming biodiesel mandate
OTTAWA, Ont. -- The Canadian Trucking Alliance (CTA) is warning its members to get ready for even more pain at the pump. The federal government has proposed to mandate that on-road diesel sold in Canada must contain an average 2% biofuel...
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...