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DHL Worldwide Express, part of Germany’s Deutsche Post AG, said it will build a $175 million cargo hub in Shanghai to help the parcel courier accommodate growing trade in Northern Asia, Bloomberg News reported Monday.

Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.

Family members of Malcom McLean, the founder of intermodal carrier Trailer Bridge Inc., are planning to sell their stake in the company, Trailer Bridge said.

The Canadian Trucking Alliance said it is asking all the major North American heavy truck manufacturers to make anti-rollover technology standard equipment in their new vehicle packages.

ClickSoftware Technologies, a provider of mobile workforce management and services, and Scope Technologies, a fleet telematics provider, announced Monday that they have signed an agreement to integrate their offerings and leverage each other's sales and marketing networks.

Mayor Martin Chavez has appointed a task force to study how effectively Albuquerque’s red-light cameras are reducing the number of traffic crashes, the Associated Press reported.

Transportation software firm Xata Corp. said Thursday it lost $4.5 million, or 57 cents a share, in its fiscal fourth quarter, compared with a loss of $498,000, or 7 cents, a year ago.

Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.

The index of leading economic indicators fell in October, the New York-based Conference Board said Wednesday.