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Business: Page 11
Mergers & Acquisitions
Kuehne+Nagel acquires majority stake in IMC Logistics
Global logistics giant Kuehne+Nagel will own 51% of the the largest marine drayage provider in the country.
November 14, 2024
Business
Will Trump's tariff policies boost domestic freight?
Analysts weigh in on the implications of the Trump administration’s proposed tariffs on domestic freight, consumer prices, and nearshoring efforts.
November 14, 2024
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July 7, 2025
Mergers & Acquisitions
PS Logistics acquires Louisiana-based Fluker Transportation
Fluker, PS Logistics' fourth acquisition this year, will operate under the name of Blair Logistics, a subsidiary of parent company PS Logistics.
November 12, 2024
Business
Schneider launches 'transformational' cross border intermodal service
The new intermodal service connects growing markets in Mexico and Texas with Florida and Georgia, "and it will transform the intermodal landscape."
November 11, 2024
Business
Small Fleet Champs Paul Rissler Transportation, C.W. Express emerge victorious
Indiana-headquartered C.W. and Rissler, out of Missouri, took home the 2024 Small Fleet Champ title belts after the final round in Nashville, Tennessee, during a special event at NASTC's "best three days in trucking" annual conference.
November 8, 2024
Business
Fleets earnings in Q3 2024: Resilient fleets shine through in soft market
Despite a sluggish freight market, some fleets are finding ways to thrive and gain a competitive edge. Others feel the impact of supply chain disruption and continued soft environment.
November 8, 2024
Mergers & Acquisitions
Illinois-based LTL carrier acquires 42-truck fleet
Moran Transportation recently announced it is acquiring Ohio-based RMX Freight Systems. Also: Port of Oakland gets big cash infusion for zero-emission transition; Mack surpasses 200K connected Class 8 trucks on the road.
November 8, 2024
Business
J.B. Hunt shakes up leadership team
J.B. Hunt Transport Services on Monday announced several changes to its leadership team
November 5, 2024
Business
Rail and truck competition
When we think of intermodal freight, we often envision a complex system of interconnected transportation modes. However, a deeper understanding reveals an often-overlooked dynamic: the symbiotic relationship between rail and trucking.
November 1, 2024
Business
Report forecasts moderate growth in 2025, amid holiday risks and shifts in retail strategies
Motive's latest report predicts moderate growth in early 2025, highlighting rising safety risks, cargo theft and fraud, nearshoring trends, and shifting retail inventory strategies.
October 31, 2024
Business
Uber Freight expands cross-border operations in Mexico
The company has seen a 77% year-over-year increase in cross-border production from its shipper base.
October 29, 2024
Business
Knight-Swift, ODFL buckle on improved pricing as weak freight market takes toll on earnings
The two carriers are focused on long-term pricing strategies and operational improvements, positioning for recovery and growth amidst economic headwinds.
October 29, 2024
Business
Averitt launches 'Guaranteed by Noon' LTL service
The service ensures that LTL shipments will be delivered by 12 p.m. on the published standard transit date in certain zip codes. Also: TCA accepting Drivers of the Year nominations; Arrive Logistics opens new Minnesota office.
October 28, 2024
Business
Truckload breakeven price jumps, poised to increase in 2025
Cost factors have evolved in the past year. Though fuel costs have decreased, driver wages, lease/purchase prices, and maintenance costs have risen.
October 25, 2024
Mergers & Acquisitions
Load One acquiring Ohio expediter
Load One has acquired Millbury, Ohio-based Tri-State Expedited Service.
October 23, 2024
Business
Cargo theft continues to rise over 2023 numbers
CargoNet reported a 14% increase in Q3 2024 over Q3 2023, but fell slightly from Q2 2024. Also: Saia opening three new terminals; Roadrunner launches outbound service from 2 Texas cities; mirror-alternative camera maker seeks waiver extension.
October 22, 2024
Business
American greed
Getting swept up in the hype seems to be human nature, but how much of fleet, OEM management and engineering, and regulator time will be wasted by attributing too much credit to the hype?
October 21, 2024
Business
The Cargo Theft Playbook: Essential tips to prevent freight loss
The federal government is working to slow down the trend of cargo theft and freight fraud, but in the meantime, shippers, brokers and carriers have to do what they can to protect themselves.
October 18, 2024
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Top Stories
Cybersecurity
NMFTA warns of Chinese components in trucking technology
The trucking industry's expanded digitization increases its potential for cybercrime, and China could be a key threat to the U.S. via technology in transportation.
Business
Kandel Transport acquired by Nagle Companies
Business
Marten Transport CEO stepping down, Randy Marten to return
Regulations
U.S. 'pausing' work visas for commercial truck drivers
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