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Express-1 To Be Acquired By Equity Firm

Express-1 Expedited Solutions, a provider of brokerage and forwarding services, said it has scheduled a Sept. 1 shareholders’ meeting to approve a takeover by Jacobs Private Equity, a firm controlled by investor Bradley Jacobs.

August 12, 2011

UniGroup Announces New Logistics Company

Transportation provider UniGroup Inc. has introduced a new logistics company, UniGroup Worldwide Logistics.

August 8, 2011

June Trailer Orders Up 6%

The more than year-long surge in orders for new trailers showed signs of leveling off in June, increasing just 6% from 2010 levels, compared with an overall 65% gain over the first half of 2011, ACT Research Co. said.

August 8, 2011

FreshStart Logistics Teams With Datatrac

FreshStart Logistics, a maker of transportation technology products, is partnering with counterpart Datatrac Corp.

August 5, 2011

FedEx Completes Acquisition of Mexico’s MultiPack

FedEx Corp. said it has completed the acquisition of Mexico’s Servicios Nacionales Mupa S.A de C.V., or MultiPack.

August 5, 2011

Broker Echo Global Logistics in Expansion Mode, CEO Says After 11th Deal Since 2007

Freight brokerage firm Echo Global Logistics is involved in an expansion strategy through acquisition, the CEO of the Chicago-based company said in an interview.

August 8, 2011

Intermodal Traffic Rises 3.3% for Week

Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.

August 5, 2011

Echo Global Logistics’ 2Q Profit Rises

Echo Global Logistics said its second-quarter profit grew 50.3% to $2.9 million, or 13 cents per share, compared with $1.9 million, or 9 cents, a year ago.

August 3, 2011

Wabash Swings to Second-Quarter Profit

Trailer manufacturer Wabash National Corp. reported a second-quarter profit compared with a loss a year ago, as trailer sales improved.

August 3, 2011