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TRUKING INDUSTRY NEWS
* Canada - Trimac Acquires Gas Transporter
Alberta,Canada -Transport Topìcs (USA) - 4 June 2007: -- Canadian transportation firm Trimac Income Fund said it has completed its purchase of Alberta-based Logistics Express... Logex transports liquefied gases such as oxygen, nitrogen and carbon dioxide, primarily on behalf of industrial gas manufacturers... Trimac is Canada’s largest provider of bulk trucking services...
* USA - Dynamex Reports Higher 1Q Earnings
Phoenix,AZ,USA -Transport Topics -8 June 23007: -- Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit rose to $3.5 million or 32 cents a share, from $3.2 million or 29 cents a year earlier... Sales for the fiscal quarter ended April 30 rose 19.1% to $104 million, the company said in a statement... Operating income was $5.4 million, up $126,000 from a year earlier...
* USA - Schneider National Offers New Lease Option for Owner-Operators
Green Bay,Wis,USA -Layover -8 June 2007: -- Schneider National, Inc., today announced that the company is offering a new Percent-of-Revenue lease option to Schneider owner-operators that will provide a competitive advantage over other trucking companies... This option is available to owner-operators in all states east of the Mississippi River, as well as Louisiana, Arkansas, Missouri, Iowa, Minnesota, Texas, Oklahoma and Kansas. Schneider owner-operators, and those looking to join Schneider, must have at least one year of experience to participate in the new program...
* USA - Menlo Worldwide, LLC To Acquire Southeast Asia 3PL Cougar Holdings PTE LTD
SINGAPORE and SAN MATEO,Cal,USA -Layover -7 June 2007: -- Cougar Logistics Corporation Ltd., which owns logistics operations in Singapore and Southeast Asia, and Menlo Worldwide, LLC, the global logistics subsidiary of Con-way Inc., announced today they had signed a definitive agreement whereby Menlo will purchase Cougar Holdings Pte Ltd., and its primary subsidiary, Cougar Express Logistics... Companies sign purchase agreement, US$33.9 million deal to close in 90 days pending regulatory clearance, shareholder approval...
Labels: trucking industry
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