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Warburg Pincus buys minority stake in Softeon
Supply chain software vendor will use private equity funds to grow European presence, develop platform for "autonomous WMS operations."
Roadrunner slashes dry van fleet by 50%
Trucking company lays off 10% of workforce following restated earnings, email hack.
Truck tonnage posted yearly 4.1% rise in August despite turbulence
ATA says tonnage dropped from a hot July, but remains strong enough to fend off a recession.
Postal Service delivers $2.3 billion loss for third quarter
Mail office's "fixed and mandated costs" are rising faster than its revenues, postmaster general says.
Sealed Air fires CFO as SEC investigation continues
Bubble Wrap maker being questioned about accounting practices for income taxes, financial reporting, and disclosures.
Postal woes continue as USPS racks up $2.1 billion loss in second quarter
Service continues to struggle with migration of mail to electronic alternatives, while parcel volumes rise.
Celadon sells off A&S Kinard and Buckler Transport subsidiaries
Move cuts corporate debt by raising $139.5 million from transportation arm of McCain Foods Limited, firm says.
Retail sales drop slightly in February, but long-term outlook stays strong
Consumers endure effects of poor weather, rocky stock market, government shutdown, NRF says.
New England Motor Freight files for bankruptcy
LTL carrier cites combination of rising overhead costs and driver shortage.
U.S. Postal Service reports $1.5 billion quarterly loss
Agency blames high transportation and wage costs as consumers switch from letters to parcels.

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