Trucking news and briefs for Tuesday, Jan. 20, 2026:
TCA announces 2026 ‘Elite Fleet’ carriers
The Truckload Carriers Association (TCA) has announced its 2026 class of TCA Elite Fleet certified carriers, marking the second year of the program recognizing the best places to drive in the truckload industry. This year’s class is made up of 57 carriers.
Building on the success of its inaugural year, the TCA Elite Fleet initiative continues to spotlight North American for-hire truckload carriers that demonstrate excellence in creating supportive, rewarding, and driver-focused work environments, TCA said.
Developed in partnership with the University of Denver’s Transportation & Supply Chain Institute, the TCA Elite Fleet certification recognizes carriers that prioritize competitive compensation, strong safety cultures, driver engagement, and innovative practices designed to enhance quality of life behind the wheel.
Certified fleets underwent a comprehensive evaluation process that examined critical performance indicators including safety, driver satisfaction, turnover, compensation and benefits, equipment quality, operational efficiency, and overall driver experience. To ensure credibility and transparency, surveys of company drivers and independent contractors were again used to validate carrier submissions.
“Following a successful first year, the TCA Elite Fleet program has quickly become a meaningful benchmark for excellence in our industry,” said TCA President Jim Ward. “The carriers recognized in 2026 have demonstrated a strong commitment to investing in their drivers and fostering environments where professionals can thrive. We commend these fleets for raising the bar and helping move our industry forward, and we look forward to celebrating their achievements at our upcoming event.”
The 2026 TCA Elite Fleets will be honored at TCA’s Annual Convention in Orlando, with a special awards program scheduled for Monday, March 2.
FMCSA reinstates previously-revoked ELD
The Federal Motor Carrier Safety Administration has reinstated the DSG Elogs device from DSG Tracking after revoking the device’s certification last week.
FMCSA did not provide additional details as to why the device was revoked or what corrections were made to get it reinstated.
The DSG Elogs device was one of four revoked on Jan. 13. The other three devices -- PremierRide Logs, State Elogs and State Elogs 2 -- remain revoked. Carriers and drivers using those devices have until March 15 to replace them with a compliant device.
Titanium Transportation Group going private in $2.22 per share, all-cash deal
Titanium Transportation Group Inc. (CCJ Top 250, No. 189) has entered into a definitive agreement to be acquired by a purchaser group led by management and its largest shareholder, Trunkeast Investments, in a deal that will take the logistics provider private.
Under the terms of the arrangement, minority shareholders will receive $2.22 in cash per common share. This price represents a significant 41% premium over the company’s closing price on January 14, 2026, and a 42% premium over its 20-day volume-weighted average price.
The transaction comes after a six-month strategic review by a Special Committee of independent directors. The committee cited limited trading volume and broader financial challenges within the North American trucking and logistics industry as key drivers for the sale.
"The transaction represents an attractive outcome for minority shareholders," said Bill Chyfetz, Chair of the Special Committee. He noted that the all-cash offer provides immediate liquidity and certainty of value in a volatile market.
The purchasing group includes:
- Key executives: CEO Ted Daniel, Chair Lu Galasso, and CFO Alex Fu.
- Significant shareholders: Trunkeast Investments and the De Zen family.
- Rolling shareholders: This group currently holds 50.5% of common shares.
The deal is not subject to a financing condition, increasing the certainty of the closing. However, it does include a $2.0 million break fee payable by Titanium under specific circumstances, such as the acceptance of a superior proposal.
To proceed, the deal requires approval from two-thirds of total votes cast and a "majority of the minority" vote to ensure fairness to non-affiliated shareholders. A special meeting is scheduled for March, with the transaction expected to close shortly thereafter. Upon completion, Titanium will be delisted from the Toronto Stock Exchange.
