Echo Global Logistics completes acquisition of Command Transportation

Echo Global Logistics said on Monday that it has completed its acquisition of Command Transportation, LLC, which will operate as a subsidiary. As part of the acquisition agreement, Echo will take on outstanding membership units that amount to approximately $420 million; $25 million of this purchase was made in both common stock and restricted common stock, which was issued to 33 employees of Command to accommodate Nasdaq listing regulations. Read More »

Raleigh, N.C., firms offer employees commuting options amid highway work

Local businesses in Raleigh, North Carolina, recently offered to provide their employees with commuting options to help them avoid the potential negative impact of road construction in the area. Shifting lanes on Interstate 40 in the Fortify I-40/440 work zone in Raleigh have created significant traffic congestion for commuters. Commuting options offered include telecommuting from home, flexible work schedules and mass-transit passes. Read More »

Midwest Association of Rail Shippers meeting July 13-14

The Midwest Association of Rail Shippers (MARS) will be discussing market changes and trends during the group's 245th meeting, which will take place July 13-14 in Lake Geneva, Wisconsin. The meeting, the theme of which will be “Shippers and Rails Adapt to Changing Markets," will include presentations, panels and speakers that will cover some of the most pressing issues for the industry, which include infrastructure needs, fluctuations in demand for rail equipment and decreasing fuel shipments. Read More »

Gateway Rail Services acquires Granite City Passenger Terminal

With its recent acquisition of Granite City Passenger Terminal, St. Louis-based Gateway Rail Services will be able to offer even more services to its rail passengers, Gateway said on Monday. The Granite City Terminal is a warehouse and railcar storage facility situated near Granite City, Illinois. It has been set up to be used as a short- or long-term storage facility and is equipped with electricity and other utilities. It also features a 75,000-square-foot warehouse space and has been opera Read More »

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