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CCJ Top 250
Business: Page 31
Surge in COVID prompts Walmart to close stores for deep-cleaning
With COVID cases rising, Walmart is shutting down some stores for deep-cleaning. This is not necessarily an indicator of pending "major economic damage" according to ACT Research.
July 26, 2021
Uber Freight to acquire 3PL Transplace for $2.25B
The companies said the buyout will give carriers the ability to work directly with shippers and access high-quality freight across multiple service lines, including intermodal, cross-border and LTL.
July 22, 2021
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July 2, 2024
Paschall Truck Lines parent acquires Missouri carrier
TDC will retain its name and current management team, and will operate autonomously under the IPS umbrella.
July 22, 2021
Workforce
Paper Transport gets cash infusion from investment firm
Sam Zell, named one of Forbes' 100 Greatest Living Business Minds, took a stake in Paper Transport. Also: NexGen trucking association partners with schools to provide CDL, diesel tech programs for young adults in three states. Benore launches EV fleet.
July 21, 2021
Workforce
XPO workers ratify first Teamsters contract in Miami
Following a 6.5-year battle, the Teamsters union scored its first victory with XPO Logistics workers. Also: TuSimple partners with long-range lidar developer; Van, reefer spot rates tick up, DAT reports; Women in Trucking seeks award nominees.
July 15, 2021
Economic trends
Trucking's 'driver shortage' claims miss a key point
Trucking leaders have consistently identified a driver shortage as the number one problem plaguing the industry, but a recent panel discussion of efforts might just turn that on its head.
July 14, 2021
Business
XPO board approves spin-off of logistics segment
XPO's logistics segment, GXO Logistics, will be spun off as an independent company. Also: Spot volumes, rates down as expected during July 4 week.
July 14, 2021
Business
The new reality of customer service
A good customer experience is based on speed, convenience, consistency, friendliness, transparency and the human touch.
July 12, 2021
Workforce
Buttigieg, Joshi meet with trucking groups to address workforce challenges
Members of the Biden administration met with trucking industry stakeholders to address driver recruiting and retention challenges. Also: Unscheduled roadside maintenance on the rise; XPO expands benefits for driver trainees.
July 9, 2021
Regulations
New Texas law deals blow to Reptile Theory
The law strikes a blow against plaintiff’s attorneys who have used the Reptile Theory to go after trucking companies for large verdicts during a trial, regardless of whether the trucking company was at fault for the accident.
July 8, 2021
Regulations
Hours regs suspended in parts of Florida, Georgia for Tropical Storm Elsa
Carriers providing emergency assistance in certain counties in Florida and Georgia will be temporarily exempt from hours of service regulations. Also: Three European OEMs partner to develop EV infrastructure; fuel prices surge; more.
July 8, 2021
Mergers & Acquisitions
Knight-Swift acquisition of AAA Cooper part of 'an ongoing evolution' of industry's largest players
Knight-Swift lured to the LTL segment by less volatility and its strategic importance to e-commerce.
July 7, 2021
Business
States with the most structurally deficient bridges
The U.S. has more than 45,000 structurally deficient bridges in "poor" quality, according to the American Road & Transportation Builders Association, and these states are the worst offenders.
July 6, 2021
Mergers & Acquisitions
Knight-Swift spends more than $1B to buy AAA Cooper, enter LTL space
The billion-plus dollar deal creates a company that collectively will feature leased or owned assets that number 20,000 tractors, nearly 75,000 trailers, and a driver force of more than 22,000.
July 6, 2021
Regulations
Five sentenced, including fleet employees, for tampering with emissions systems
The sentencing follows guilty pleas for conspiring to defraud the U.S. and violations of the Clean Air Act related to disabling emissions control devices. Also: FMCSA proposes updates to hazmat regs; CSX finalizes Quality Carriers acquisition; more.
July 5, 2021
Mergers & Acquisitions
Werner acquires 80% stake in 500-truck regional fleet
The acquisition of ECM Transport Group will expand Werner's footprint in the Mid-Atlantic, Ohio and Northeast regions while expanding its fleet size by more than 6%.
July 2, 2021
Business
Two sentenced, two more plead guilty in Louisiana staged-accident fraud scheme
The U.S. Attorney for the Eastern District of Louisiana announced two people were sentenced to four years in prison for their role in the ongoing staged-accident scheme in New Orleans, while two others pleaded guilty. Also: NTSB Chairman steps away; more.
July 2, 2021
Companies
Regulators give final ok to Navistar, Traton merger
Long-awaited Navistar buyout clears its final hurdle. Also: FMCSA finalizes delay of driver training rule until Feb. 2022; Penske Customer kicks off eCascadia test; One of Canada's largest logistics providers eyes expansion into the U.S. via acquisition.
July 1, 2021
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Top Stories
Business
How to sell a trucking company: Maximizing buyer interest requires reducing perceived risk, analysts say
Besides ensuring your financial books are in order, it’s important to build trust between buyer and seller.
Driver coaching and scorecarding
Drivers rank camera as top safety tech, as long as it faces outward
Test Drives
Quick spin: Pete's electric Model 579
Recruiting & retention
Trucking's youth movement lagging, but no retirement in sight for most drivers
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