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Business: Page 29
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
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February 19, 2025
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
Business
Cut carbon with diesel latest NACFE fuel study shows
The North American Council for Freight Efficiency's latest fuel study shows how over 75,000 trucks are improving fuel economy while cutting carbon and also offers fleets a chance to see how their own trucks measure up with a new Benchmarking Tool.
December 13, 2022
Mergers & Acquisitions
Trimble acquiring Transporeon for $1.98 billion
Transporeon's software platform provides modular applications that power a global network for 145,000 carriers and 1,400 shippers and load recipients with an integrated suite of sourcing, planning, execution, monitoring and settlement tools.
December 12, 2022
Mergers & Acquisitions
ContainerPort Group parent acquires Pacific Cascade Trucking, other assets
An asset-light provider of 3PL services including drayage, warehousing, transloading, fulfillment and more, Pacific Cascade was currently operates 50-plus trucks and has a 267,000 sq. ft. distribution facility.
December 7, 2022
Business
J.B. Hunt joins Convoy, Uber Freight in developing appointment scheduling API standards
The three companies announced the formation of the Scheduling Standards Consortium. Also: Cummins completes Meritor's acquisition of Siemens' commercial vehicle unit; Nebraska fuel-related HOS waiver extended; Iowa overweight waiver extended.
December 6, 2022
Business
Plan ahead to reduce Thanksgiving cargo theft threat
CargoNet is offering tips to trucking companies on how to mitigate the risk of cargo theft during Thanksgiving. Also: Former Border Patrol agent charged for hiring illegal immigrants for trucking company; fleet gives away car for driver appreciation.
November 21, 2022
Business
Two Houston-based carriers shut down by FMCSA
PAC Express began operating after FMCSA initiated a compliance investigation on Texas Interstate Express. The compliance audit stemmed from numerous driver and vehicle violations.
November 18, 2022
Outlook and Benchmarking
RFP season a good time to focus on costs as much as rates
Tightening market conditions and a cost per mile average that right now might be over $2 for some motor carriers often sends the accounting department to its spreadsheets to analyze rate structure.
November 18, 2022
Mergers & Acquisitions
Chem transporter Quantix buys five fleets
Quantix continues to scale services in Texas and the Gulf Coast regions. Also: Penske adding renewable diesel to Calif. locations; Influential Woman in Trucking winner announced; UPS acquires European/Latin American healthcare logistics provider.
November 17, 2022
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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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