Students from at least 15 villages in the Arizal vicinity staged a protest demonstration in Beerwah town in opposition to the lack of bus service on the Beerwah-Arizal route. While blockading the roads, the protesting college students and women raised slogans towards the management. They demanded the availability of the buses, specifically at some stage in the morning and evening hours. The students blocked the road close to the bridge when they did not get the bus carrier to reach their homes. They stated that despite repeated requests to the management, no motion was taken to this point.
Canadian trucking enterprise Bison Transport acquired all the intermodal assets of Indianapolis, Indiana-based Celadon Group Inc. on April 26.
The acquisition includes Celadon’s container-on-flat-vehicle intermodal operations (COFC) and its working private, drivers, clients, and dealer relationships, Bison stated in a release.
The company said the acquisition would expand Bison’s intermodal provider and its capacity to guide pass-border shippers within the U.S, Canada, and Mexico.
“Our intermodal business platform is approximately five times larger than it was five years ago,” stated Brad Chase, vice chairman of logistics and multimodal of Bison. “This strategic circulation helps our corporate initiative for growth in our asset-light enterprise platforms.”
Financial info of the acquisition has now been not disclosed.
Economic woes have besieged Celadon Group because the U.S. Securities and Exchange Commission launched an investigation into its beyond accounting practices. On April 25, Celadon was ordered to pay its shareholders $42.2 million after admitting securities fraud violations had been committed with the aid of its earlier control group.
The employer also bought its brokerage and third-party logistics group to TA Services of Mansfield, Texas, for $60 million on April 22.
The acquisition of Celadon’s intermodal property is today’s in a string of purchases for Bison Transport and its subsidiaries, such as Britton Transport, a cross-border logistics organization based in Grand Forks, North Dakota.
