TORONTO, Ont. – In the wake of Manitoulin’s announced agreement to acquire Vitran at a cost of US$6 per share, TransForce will now have to decide whether to sell its shares for a tidy $4 million profit, stay put, or up its offer.
Dec 10, 2013 12:06PM
The International Transport Forum at the OECD has announced the date and theme of its annual summit, which features Ministers of Transport from the 54 ITF member countries and from invited guest countries.
Dec 10, 2013 9:11AM
SEOUL, Korea--Canadian negotiators were in Seoul, South Korea from November 25-29 for the first full negotiating round for a Canada-Korea Free Trade Agreement (FTA) since last year. The talks have been stalled since January 2013. With a new...
Dec 10, 2013 9:06AM
NEW YORK, NY.--In a recent meeting the International Road Transport Union (IRU) stressed the importance of road transport in global supply chains.
Dec 10, 2013 8:41AM
TORONTO, Ont. -- Manitoulin Transport has reached an agreement to acquire Canadian LTL firm Vitran Corp.
The deal includes all the outstanding shares of Vitran at a price of US$6 per share.
Dec 9, 2013 10:41PM
MANITOULIN ISLAND, Ont. -- Manitoulin Group’s announcement tonight that it will be purchasing all shares in major LTL player Vitran may be its biggest move of the year, but it’s certainly not the first.
Dec 9, 2013 10:39PM
TORONTO, Ont. – Schenker of Canada has been named the official logistics supplier of the Toronto 2015 Pan Am/Parapan Am Games, handling the delivery of more than a million items to over 50 venues.
Dec 9, 2013 5:46PM
Mountain View, Calif.--In a contributed editorial from Frost & Sullivan's Global Director of Commercial Vehicle Research Sandeep Kar, Amazon's Prime Air, while taking time and mission critical deliveries to a new level,...
Dec 9, 2013 9:16AM
NEW YORK, N.Y.--The New York New Jersey Port Authority Board of Commissioners has authorized an ambitious program to continue a multimillion-dollar upgrade of the road network at the agency's New Jersey marine terminals. The action will greatly...
Dec 9, 2013 8:34AM
TORONTO, Ont. -- Ryder Canada was recently presented with an Infrastructure Health and Safety Association (IHSA) safety achievement award, for recording an injury rate in its Canadian warehouses that was 25% lower than the industry average for...
Dec 9, 2013 8:22AM