FedEx Faces In-Depth EU Probe Into Bid to Take Over TNT
FedEx Corp. faces an in-depth probe into its bid to take over TNT Express NV just 2 1/2 years after European Union regulators thwarted UPS Inc.’s attempt to buy the Dutch company.
July 31, 2015NHTSA's Rosekind: Hacking Risk May Be Broader Than Fiat Chrysler
The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said July 31.
July 31, 2015UPS Expands Access Point Delivery Option
UPS Inc. is expanding its Access Point shipment pickup option program in more than 90 metropolitan areas this summer to add delivery alternatives for customers and carriers.
July 31, 2015Union Pacific’s Fritz to Become Chairman on Oct. 1
Union Pacific Corp. selected CEO Lance Fritz to become its chairman Oct. 1 when Jack Koraleski retires from the post after 43 years at the railroad.
July 31, 2015Transport United Buys North & South Logistics
Transport United Inc., which offers less-than-truckload and other freight services, announced the acquisition of North & South Logistics Inc., a freight broker, to add non-asset-based services.
July 31, 2015UPS Agrees to Acquire Coyote for $1.8 Billion
UPS Inc. announced it has agreed to buy truckload brokerage Coyote Logistics for $1.8 billion to expand its presence in the non-asset-based sector.
July 31, 2015Consumer Sentiment Falls in July on Weaker Expectations
Consumer confidence retreated in July as Americans’ expectations deteriorated to an eight-month low.
July 31, 2015YRC Worldwide Net Income Hits $26 Million
YRC Worldwide Inc. reversed a year-earlier period loss and posted second-quarter net income of $26 million, or 80 cents per share, helped by improving rates and declining injury-related costs.
July 30, 2015Navistar to Offer Eaton Procision Transmissions on Medium-Duty Trucks
Navistar Inc. said it will be the first truck maker to offer Eaton Corp.’s Procision line of dual-clutch transmissions for medium-duty applications.
July 30, 2015FMCSA Sends ELD Rules to OMB
The White House Office of Management and Budget is in possession of FMCSA’s electronic logging device and prohibition of coercion rules, and soon will begin its review of them, usually the last step before official publication.
July 30, 2015