Author: Transport Topics

Eclipse IA, a productivity-based staffing solutions provider for the supply chain industry, has announced a merger with On Time Staffing, along with its People Logistics division.

Legion Logistics, a disabled veteran-owned 3PL, has announced its first acquisition, according to a Jan. 14 press release. The company will grow more than 10% with the acquisition of Qontinuity Enterprises, a 3PL based in Tennessee.

UPS Inc.’s new package delivery facility in northwest Houston’s Willowbrook area has created 575 new full- and part-time jobs, according to a company news release.

Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries.

The Transportation Research Board annual meeting takes a deep dive into topics that touch every aspect of transporting goods and people. This year, discussion of final-mile deliveries was front-and-center.

U.S. trailer orders plummeted to 27,800 units in December, off 40% compared with 45,802 a year earlier, reflecting lengthy backlogs and suddenly cautious fleets, ACT Research Co. reported.

Global private equity firm H.I.G. Capital has acquired Lipari Foods from Sterling Investment Partners, per a Jan. 8 press release. Financial terms were not disclosed.

The Intermodal Association of North America has installed its 2019 board of directors and officers, including two new members. The turnover took place Jan. 1, according to a Jan. 11 press release.

Transportation management software provider FreightPop has closed a new round of investments, according to a Jan. 2 press release. The company did not disclose the amount.

The U.S. average retail price of diesel dropped 3.7 cents to $2.976 a gallon, the U.S. Energy Information Administration reported Jan. 14, even as crude oil prices climbed above $50 per barrel.