Premier Trailer Leasing, a provider of trailer leasing and rental assets and related value-added services, has been acquired by Redwood Capital Investments from Garrison Investment Group.
The country's infrastructure has deteriorated drastically over the last five years, contributing to congestion on many highways, according to a poll commissioned by the Association of Equipment Manufacturers that was released Aug. 9.
The U.S. average retail price of diesel fell 3.2 cents to $2.316, according to the Department of Energy, while oil prices climbed out of last week's bear market.
Bison Transport Inc. has named Trevor Fridfinnson, who has been with the company for more than 23 years, to the position of chief operating officer in a move the company calls a necessary expansion.
Enjoy, a tech device set-up and delivery service, aims to make reading indecipherable instruction manuals a thing of the past. An Enjoy "expert" delivers the purchase, unpacks and sets up the device, then helps the client learn about it, in up to an hourlong visit.
UPS Inc. announced it has expanded UPS Express package delivery service into new parts of the Caribbean, Central America, South America, Asia, Europe and Africa, adding a total of 52 new countries and territories.
Police in Charles City, Iowa, say part of a freight train derailed and crashed into the side of a trackside tavern called the Derailed Bar.
To help drivers with the challenge of finding the most efficient route to make their deliveries, UPS has developed ORION, a program that calculates an optimized delivery order aimed at reducing miles traveled, transit time and fuel consumption.
The Organization of Petroleum Exporting Countries will hold informal talks at a conference in Algiers, Algeria, next month and considers the recent decline in oil prices temporary, the group's president said Aug. 8.