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Business: Page 14
Trucking conditions, while improved, remained negative in November
FTR's Trucking Conditions Index showed slight improvement in November. Also: Schneider gets eCascadia in SoCal intermodal operations; FMCSA denies driver's HOS exemption request; Mack unveils refreshed Granite model; Estes opens new Texas terminal.
January 19, 2023
2022 saw significant uptick in cargo theft activity
CargoNet reports a 15% y/y increase in supply chain risk events, a 17% increase in truck and/or trailer theft and a 20% increase in cargo theft. Also: U.S. Xpress' Eric Fuller appointed to Fed branch board; used container seller expands to Canada.
January 13, 2023
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July 2, 2024
What should carriers expect from dry van and reefer rates in 2023?
After a turbulent year for many carriers working the spot market, it's time to look ahead further into 2023 to get an idea of where rates might go as the year progresses.
January 12, 2023
Growth strategies
Trucking strategies to keep your freight business moving
Moving freight through the supply chain has been challenging for several years – a trend likely to continue for the foreseeable future.
January 11, 2023
Business
FedEx Freight expanding e-commerce returns service
The company is expanding its FedEx Freight Direct e-commerce offering for returns of big and bulky items. Also: HOS regs suspended for certain fuel haulers in four states; EV charging station operator partners with EV maintenance company; more.
January 11, 2023
Mergers & Acquisitions
ATS Logistics acquired by Charleston port behemoth
ATS will operate as part of the Harbor Logistics platform, the market leader in warehouse and drayage capabilities in the Charleston market.
January 5, 2023
Business
Three fleets make acquisition moves
Three fleets in various segments announce expansions. Also: C.H. Robinson CEO Bob Biesterfeld is out. He'd been in that role since 2019 and with the company for 24 years.
January 5, 2023
Mergers & Acquisitions
Forward Air expands LTL capabilities with acquisition of Kentucky expediter
Headquartered in Bowling Green, Kentucky, Land Air Express offers a variety of services, including guaranteed, standard, exclusive, same day, hot shot and pickup and delivery.
January 4, 2023
Business
FMCSA proposing new broker, freight forwarder financial responsibility regs
The proposals would ultimately benefit motor carriers, FMCSA said, by making sure brokers and freight forwarders maintain $75,000 in financial security and allowing FMCSA to suspend brokers' authority if not maintained.
January 4, 2023
Business
Schneider fully transitions to Union Pacific for Western rail service
The company said the move is a "pivotal step" in doubling its intermodal business by 2030. Also: Torc partners with autonomous verification and validation firm; shipping company Rollo launching EV van fleet; PGT Trucking announces leadership appointments.
January 4, 2023
Mergers & Acquisitions
United Vision Logistics acquired by private investment group
Louisiana-based United Vision Logistics has been acquired by a Houston-based private investment partnership.
December 29, 2022
Business
Analysis helps fleets make the right decisions
Most fleets are unaware that average speed is absolutely meaningless when considering aerodynamics.
December 27, 2022
Mergers & Acquisitions
Cross-border specialist Outwest Express acquired by Cox Transportation Services
Servicing the Southwestern U.S. with 400-plus trucks, Outwest Express specializes in managing Mexican cross-border logistics.
December 21, 2022
Business
Cargo theft activity expected to increase during holidays
CargoNet warns of a trend of increasing cargo theft. Also: TuSimple is poised to layoff half its workforce following reports of a federal probe into the company; Transition Trucking award winner announced.
December 21, 2022
Business
TCA names 18 Fleet Safety Award division winners
Winners were named in six divisions and will now compete for one of two grand prizes for small fleets and large fleets. Also: Yokohama recalling certain drive, trailer tires; C.H. Robinson names new board of directors appointment.
December 19, 2022
Business
Trucking industry is getting smarter
TCA's Annual Convention, Truckload 2023: Orlando, will be held March 4-7 at the Gaylord Palms Resort & Convention Center.
December 16, 2022
Regulations
USA Truck parent company prepping for possible sale
DB Schenker could hit the open market. Also: Texas DPS officials are again conducting enhanced commercial vehicle safety inspections at random as they cross international ports of entry into Texas; Old Dominion increasing rates for 2023; more
December 16, 2022
Mergers & Acquisitions
Hazmat hauler Heritage Transport acquires Frank's Vacuum Truck Service
Expanding its trucking capacity allows Heritage Transport to take on new opportunities.
December 15, 2022
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