XPO Logistics Inc. (NYSE: XPO) announced Thursday that it has sold its truckload business to Canada’s growing trucking concern TransForce Inc. (TSX: TFI) for approximately $558 million in cash. After XPO bought Con-way Inc. a year ago, Con-way Truckload’s operations appeared to many observers to be an odd fit for…

In recent years, there have been many positive changes in the trucking industry.  Global trucking practices and road transportation have changed dramatically, particularly in the United States. The increase in population and strong US economy have led to a higher demand for goods, which all have to be imported and/or…