Commercial vehicle parking and storage provider Semi-Stow is now Outpost. It hopes to double its existing properties after an infusion of $12.5 million in Series A funding. The post Semi-Stow rebrands as Outpost, raises $12.5M appeared first on FreightWaves.
Oklahoma-based Diamond T Holdings, the parent company of truckload carrier Western Flyer Xpress, announced late Thursday the expansion of its freight network through an asset deal for the equipment and real estate of Springfield, Missouri-based Indiana Western Xpress Inc.
Family-owned Mid Continent Trucking of Denison, Iowa, notified drivers and employees recently that after 24 years, the refrigerated carrier was ceasing operations two days after Thanksgiving because of worsening economic conditions and tumbling freight rates.