FedEx Corp. said Thursday it has agreed to acquire the Polish courier Opek Sp.z o.o. to expand its services in Europe.
April 5, 2012Business
U.S. Employers’ Job Cuts Fall 8.8% in March, Report Says
U.S. employers announced fewer job cuts in March than a year earlier, according to a private report released Thursday, Bloomberg reported.
April 5, 2012BusinessSafetyGovernment
Strutz Named President of Quality Carriers
Quality Distribution has appointed Randall Strutz president of its subsidiary Quality Carriers Inc., the primary operating unit in the company’s chemical transportation business.
April 5, 2012Business
Jobless Claims Decline to Four-Year Low
Initial jobless claims declined last week to a four-year low, the Labor Department said Thursday.
April 5, 2012BusinessLogistics
Rails Coax Brokers, Shippers to Fill Trains Via Intermodal
SAN ANTONIO — Transportation brokers have an underused opportunity to move freight via intermodal shipping, but those rail shipments can require special attention, several industry experts said.
April 5, 2012BusinessLogistics
3PL Leading Edge Acquires C&F Logistics
Third-party logistics company Leading Edge Logistics announced its acquisition of C&F Logistics. Terms were not disclosed.
April 5, 2012BusinessLogistics
XPO Opens Operations Office in North Carolina
XPO Logistics said it has opened its new North American operations center in Charlotte, N.C.
April 5, 2012BusinessFuel
Oil Falls to Seven-Week Low $101.47 as Output, Supplies Surge
Oil fell more than $2.50 Wednesday to finish the trading day at a seven-week low $101.47 a barrel, following a report that crude inventories took their biggest jump in four years, Bloomberg reported.
April 4, 2012BusinessLogistics
Tornado Damages Schneider Terminal Near Dallas
A tornado that touched down in the Dallas-Fort Worth area on Tuesday caused extensive damage to equipment at a Schneider National terminal, the company said.
April 4, 2012Business
Auto Sales Jump 13% in March
U.S. sales of cars and light trucks rose 13% in March, sending the industry to the best pace since the first quarter of 2008, as buyers sought more fuel-efficient models, Bloomberg reported.
April 4, 2012