Page 3
-
Retrieved from Siemens Transportation Group on May 01, 2023
TFI acquires 2 LTL carriers
Siemens Transportation Group and Hot Line Freight Systems are part of a $300 million M&A and buyback strategy this year.
-
Covenant buys Arkansas-based poultry carrier for $100M
The carrier bought Lew Thompson & Son Trucking and its approximately 225 trucks, with plans to expand the company's service reach.
-
RoadOne acquires Ace Transport Miami
The Florida expansion boosts the logistics provider’s offerings between the U.S. and Latin America for customers.
-
Retrieved from International Brotherhood of Teamsters on April 20, 2023
‘Too busy with the storm’: TFI says Teamsters talks delay possible ArcBest acquisition
Despite the slowdown in progress, the carrier noted an acquisition "of size" could come later this year.
-
Ryder profits hurt again by Bed Bath & Beyond
The distribution management services provider recorded a $30 million asset impairment charge this quarter, a slight increase from Q4.
-
Old Dominion tonnage drops nearly 12% as freight rebound forecast dims
With customers sending fewer shipments in a tough economy, the LTL carrier no longer expects a rebound in Q2.
-
How Knight-Swift’s deal with US Xpress unfolded
Industry lawyer Mark Scudder played a pivotal role in bringing the two carriers toward the sale, according to a securities filing.
-
Column
Recognizing a delivery’s variables can lead to improved profitability
When it comes to the LTL pricing process, always consider the job from beginning to end.
-
CH Robinson expects to name new CEO in Q2
The board is seeking a permanent replacement after it ousted former CEO Bob Biesterfeld.
-
Teamsters name labor expert to Yellow board
David Webber, author of “The Rise of the Working-Class Shareholder: Labor’s Best Weapon,” joins the board as the union and carrier spar over its proposed network overhaul.
-
Knight-Swift signs intermodal deal with CPKC
The TL and LTL carrier will link with the newly formed railroad for cross-border operations between Mexico and the U.S.
-
California lawmakers advance bill to restrict driverless autonomous trucking
The measure, if passed, would require a human operator in the vehicle for testing and deliveries.
-
"JB Hunt semi-tractors at the company's intermodal facility in Chicago, IL 08-19-2017" by Richard Hurd is licensed under CC BY 2.0
JB Hunt rolls out driver-facing cameras
The Arkansas-based carrier has been piloting the technology for more than a year, and intends to install the cameras across its fleet over the next two years.
-
WM to remove RNG fleet ads in Seattle following complaints from environmental groups
The controversy over branding has exposed fault lines over public perception of renewable natural gas.
-
Yellow accepts Teamsters’ challenge to reopen contract negotiations early
The LTL carrier wants to move forward with its planned sale of 28 terminals and consolidate its separate operating companies.
-
NHTSA seeks input on side underride guard regulation
The agency will assess public comments on the benefits, costs and other effects of a potential requirement for the safety equipment.
-
Hyzon hires its 1st COO
Bappa Banerjee, who will oversee the company's end-to-end supply chain and manufacturing operations, is scheduled to start May 1.
-
Navistar recalls nearly 45K trucks over fire risk concerns
The recall affects mostly 2016-2020 International DuraStar and WorkStar models.
-
NFI acquisition expands warehouse, distribution space
The acquisition will expand the company’s footprint in Canada and its reach into the retail sector.
-
Knight-Swift reports drops across most segments amid ‘unusually weak’ Q1
LTL was the carrier's sole bright spot, bucking a trend of declining operating income across business areas.
-
Schneider and CPKC ink intermodal deal
The agreement will expand the trucking carrier's access between the Midwest and Mexico.
-
CR England tests AV route in Texas
The carrier is working with Kodiak Robotics on autonomous Tyson Foods deliveries between Dallas and San Antonio.
-
"JB Hunt semi-tractors at the company's intermodal facility in Chicago, IL 08-19-2017" by Richard Hurd is licensed under CC BY 2.0
Q1 earnings trends to watch: When will freight pick up?
“We expect to hear 50 shades of ‘we have no idea’ on the conference calls,” Morgan Stanley analysts wrote.
-
Retrieved from International Brotherhood of Teamsters on April 20, 2023
Teamsters report progress in ABF negotiations
“We had a lot of good discussions across the table on a wide variety of issues,” National Freight Director John Murphy said.
To find more content, use the "Topics" in the menu above.