Transport Topics
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Consumer confidence retreated in July as Americans' expectations deteriorated to an eight-month low.
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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.
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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.
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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.
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