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XPO Logistics Inc. said three investors have agreed to a $700 million infusion of equity that will enable the company to accelerate its revenue and profitability growth plans.

Celadon Group’s trucking unit has acquired approximately 100 tractors and 200 refrigerated trailers from Furniture Row Express to further expand the buyer’s temperature-controlled freight business, a company official said.

Ted Fick, former CEO of trailer maker Polar Corp., has been selected as CEO at the Port of Seattle to replace Tai Yoshitani, who is retiring at the end of this month.

TMW Systems announced a partnership with 3Gtms to provide a broader set of services to companies such as third-party logistics operators and brokers that manage both asset-based and non-asset-based freight services.

A controversial BNSF Railway Co. labor contract proposal that would eventually cut some crews to one person from two is being outlined to union members this month ahead of a ratification vote.

West Coast port negotiations will stretch beyond the scheduled June 30 contract expiration, a spokesman for management negotiators said.

Efforts to cut congestion and delays for port truckers could be gaining momentum with the release of a report by the Port Authority of New York and New Jersey that includes 23 recommendations to speed cargo movement.

New Century Transportation, a New Jersey-based less-than-truckload and truckload carrier, has told employees it plans to shut down.

Canadian firm TransForce Inc. agreed to buy Transport America Inc. for $310 million to enter the U.S. truckload sector as a trend of mergers between major carriers resumes.