Daily Archives: August 11, 2016

NAVISPHERE CARRIER IS NOW AVAILABLE ON THE APP STORE AND GOOGLE PLAY

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EDEN PRAIRIE, MINNESOTA (August 11, 2016) Today
C.H. Robinson announces the release of Navisphere® Carrier, a new mobile app designed to support contract motor carriers and their business – no matter where they are. As a leading third-party logistics (3PL) firm, C.H. Robinson continues to deliver industry-changing technology for its customers and contract carriers. The new app is expected to immediately improve the access of the current users of the company’s former app, CHRWTrucks®, and provide access to the tens of thousands of loads C.H. Robinson books daily.

Perhaps more importantly, this on-demand technology –built with contract carriers for contract carriers – was developed to support the more than 50,000 small carrier businesses C.H. Robinson works with. The technology is available on Apple and Android mobile devices, enabling carriers to run their businesses in ways that matter most: accessibility wherever and whenever they need it, increased connectivity to their drivers and C.H. Robinson, expanded planning capabilities and expedited payment processes.

Raed more at chrobinson.com

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XPO Logistics Announces Private Offering of $535 Million Senior Notes

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GREENWICH, Conn. – August 11, 2016 – XPO Logistics, Inc. (“XPO” or the “Company”) (NYSE:  XPO) today announced an offering of $535.0 million of senior notes due 2023.  The Company intends to use the proceeds from this offering, together with proceeds of an incremental term loan facility described below and cash on hand, to redeem and/or discharge or defease, in whole or in part, the Company’s 7.875% Senior Notes due 2019, and to pay fees and expenses related thereto and related to the offering and the incremental term loan facility described below.

The Company intends to enter into a $400.0 million incremental term loan facility (the “Incremental Facility”) under the Company’s existing term loan credit agreement, subject to certain customary conditions. The terms of the Incremental Facility are expected to be substantially similar to those relating to the loans outstanding under the Company’s existing term loan credit agreement, except with respect to the interest rate applicable to the Company’s borrowings under the Incremental Facility and prepayment premiums in connection with certain voluntary prepayments. The Company anticipates borrowing the loans under the Incremental Facility substantially simultaneously with the consummation of the offering of notes described above.

Read more at xpo.com

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PITT OHIO WINS TWO 2016 QUEST FOR QUALITY AWARDS

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Pittsburgh, PA (August 11th, 2016) – PITT OHIO wins Logistics Management Magazine’s Quest for Quality Award in the Regional Less-Than-Truckload (LTL) Northeast category and the Expedite category among national carriers. PITT OHIO has earned a spot for the 22nd time in the Northeast and Mid-Atlantic Regional LTL category and tenth time overall on the Expedite list.

The results, according to the magazine, align with what many analysts believe to be true – that the top regional carriers like PITT OHIO have managed to deliver world-class service despite the mounting operational challenges over the past 12 months. 2016 marks the eleventh year in a row that PITT OHIO has earned a spot on the regional LTL Quest for Quality list.

“Our customers tell us they value consistency more than anything else and we consider these awards from our customers to be the definitive endorsement of our performance and commitment to deliver reliable and consistent service,” Executive Vice President and Chief Marketing Officer at PITT OHIO, Geoff Muessig said. “We thank our customers for recognizing our performance, service, value, and customer service and for naming us one of the premier carriers in the nation. We believe these Quest for Quality awards to be a direct reflection of our 3,000 plus employees who work diligently each and every day to deliver on our ´We´re Always There for You´ signature commitment.

Read more at pittohio.com

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Roadrunner Announces Service Agreement with Sameday® Worldwide for LTL Shipments in Canada

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8/11/2016
Roadrunner Transportation Systems Announces Service Agreement with Sameday® Worldwide for LTL Shipments in Canada
Cudahy, WI – Aug. 11, 2016 – Roadrunner Transportation Systems, Inc. (NYSE: RRTS) today announced a new service agreement with Sameday® Worldwide of Mississauga, Ontario, Canada. Sameday® Worldwide specializes in less-than-truckload (LTL) shipments throughout Canada, with 32 strategically located terminals. As part of the agreement, Sameday® Worldwide will handle all Roadrunner LTL shipments in eastern Canada and Roadrunner will handle all Sameday® Worldwide shipments within its network in the U.S.

The agreement will provide Roadrunner with access to additional areas in eastern Canada and enhance service levels for Roadrunner customers. Sameday® Worldwide will also assist Roadrunner with cross-border management.

Read more at www.rrts.com

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