NORTH LIBERTY, Ia. – An Iowa-based trucking company today announced its plan to acquire CFI Logistica operations in Mexico from TFI International for $525 million.
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Category: Business
Indian Truck Driver Makes Rs 1.5 Lakh in 4 Days in Canada
Canada is home to thousands of Indian migrants who are often involved in the trucking profession. But what does a regular truck driver make in
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Daimler Truck presents Next Generation eCanter at IAA Transportation
Newly developed successor to FUSO eCanter celebrates European premiere at IAA Transportation 2022 in Hanover from September 20-25 Significantly improved versatility for wide range of
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Canada Cartage gets new private equity owners
Canada Cartage will soon have new ownership, with United Arab Emirates-based private equity firm Mubadala Capital reaching an agreement to purchase the business. Canada Cartage
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GreatWest Kenworth opens new parts, service dealership in Balzac, Alberta
BALZAC, Alberta – GreatWest Kenworth recently opened a new parts and service dealership in Balzac, Alberta, Canada, to support fleets and truck operators serving the
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Logistics CFO taps technology, focuses on cash flow amid supply chain woes
Transport Corp Canada’s Group CFO Venu Katta has intensified his focus on cash flow management as supply chain issues continue to hamstring the trucking industry.
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Fastfrate closes Challenger acquisition
Consolidated Fastfrate on Tuesday closed its deal to acquire a majority stake in Challenger Group, which it says establishes Fastfrate as a North American “powerhouse.”
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TFI posts strong Q2 results
TFI International posted a strong second quarter as it continues to improve the efficiency of TForce Freight through a reshaping of its network. Adjusted net
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Trucking firm with Vermont locations files for bankruptcy after sudden closure
LandAir, the trucking firm with facilities in Williston and Windsor that closed unexpectedly earlier this month, has filed for Chapter 7 bankruptcy, meaning it will
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5 things to consider when selling your trucking business
Trucking mergers and acquisitions are on the rise as aging business owners look for an opportunity to sell their businesses and transition into retirement. Meanwhile,
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