Horizon Lines to move shipping operations to Philadelphia from N.J.

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The Port of Philadelphia will gain a shipping line when Horizon Lines Inc. moves its northeast terminal operations from Elizabeth, N.J. in... Read more

Aramark reports higher sales, operating profit

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The day after Aramark Corp. introduced Eric J. Foss as its new CEO, the Philadelphia food-services and faciliites management company released... Read more

New Century Transportation names new CEO

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New Century Transportation Inc. named trucking industry veteran Terrence M. Gilbert as CEO, succeeding the company's founder, Harry Muhlschlegel... Read more

Student-started USM fetches $255M from Emcor

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When I’d read that Norristown-based USM Services Holdings Inc. had been acquired for $255 million last week, one thought kept resonating... Read more

Pennoni Associates founder explains latest acquisition

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Accounts of mergers and acquisition activity in the technology sector recently have had a breathless quality. “Groupon refuses Google’s... Read more

Pennoni Associates acquires Virginia engineering firm

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Pennoni Associates Inc. has acquired Patton Harris Rust & Associates, a smaller engineering firm based in Chantilly, Va. The Center City-based... Read more

North Jersey firm acquires Quinnova Pharmaceuticals

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We may not be seeing a rush of blockbuster acquisitions as 2010 draws to a close, but each December day seems to bring word of a small deal... Read more

Aramark's full-year sales up 2 percent

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For a $12.6 billion company, Aramark Corp. sure is quiet about when it has a strong year. But the Philadelphia food-service provider and uniform-rental... Read more