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CCJ Top 250
Business: Page 33
Business
Knight-Swift signs intermodal truckload deal with new rail giant
Knight-Swift will begin to transition its Mexico-U.S. traffic to CPKC mid-May.
April 25, 2023
MarketPulse
Manufacturing slowdown, interest rates continue to squeeze freight market
Is trucking near the bottom of the soft freight cycle? Michigan State's transportation expert Jason Miller shares his thoughts on this month's episode of CCJ MarketPulse.
April 24, 2023
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January 13, 2026
Mergers & Acquisitions
TravelCenters of America puts BP merger drama to bed
TA and would-be suitor ARKO Corp. have a contentious history.
April 24, 2023
Mergers & Acquisitions
Linden Bulk Transportation acquired by ISO tank specialist
Linden Bulk Transportation acquired by Boasso Global; Aurora opens terminal for autonomous trucks; Peterbilt expands its tech school training partnerships.
April 17, 2023
Mergers & Acquisitions
BP’s acquisition of TA takes another step forward
A federally required waiting period has passed without action from FTC, clearing another hurdle for the deal. Also: House resolution would overturn EPA's 2027 regs; trucking company owners sentenced in bribery scheme; Pitt Ohio adopts Maven AI platform.
April 12, 2023
Mergers & Acquisitions
Pilot Company names new executives as part of Berkshire Hathaway ownership
Berkshire Hathaway purchased 38.6% of Pilot Flying J in October 2017 and became majority owners of Pilot Company Jan. 31 this year.
April 10, 2023
Driver coaching and scorecarding
AI-enabled dashcams can help fleets reduce insurance costs
AI cameras go beyond exoneration in the event of an accident to help fleets improve driver safety scores and in effect lower insurance premiums, which are heavy hitters to a fleet’s bottom line.
April 4, 2023
Outlook and Benchmarking
Will 2023 be the 'best recession ever'?
Are we heading into the best recession ever? According to the economists at this week's 2023 TRALA Annual Meeting, it's all in the way that you look at it.
April 3, 2023
Business
Yellow, union locked in war of words
In dueling memos sent this week, Yellow and Teamster leadership set the stage for a looming battle.
March 30, 2023
Economic trends
ACT: Freight cycle likely nearing bottom
ACT Research reported that freight volumes and rates declined in February, but the freight downcycle is closer to the end than the beginning. Also: Teamsters, ABF start work on new deal; Looser capacity decreased shippers' conditions in January; more
March 29, 2023
Mergers & Acquisitions
Bidding war erupts for TravelCenters franchise
As BP's deal for TravelCenters of America inches closer to closing, a new suitor contends it has a better offer on the table.
March 28, 2023
Business
'Get ready to compete': New rail behemoth sets sights on trucking
Canada Pacific's merger with Kansas City Southern promises to take 64,000 truckloads off the road each year, and the Biden admin will likely hold them to that. The new rail behemoth is very clearly coming for trucking, but can the industry take it?
March 23, 2023
Mergers & Acquisitions
Knight-Swift, U.S. Xpress deal likely passes Go, 'near zero chance' it is a monopoly
Swift Transportation, Knight Transportation, AAA Cooper and U.S. Xpress were at one time individually owned and operated companies, and each were among the top 50 for hire-carriers in CCJ's Top 250 rankings.
March 22, 2023
Economic trends
Trucking conditions improved in January, but downswing expected
FTR's Trucking Conditions Index improved from December to January, but the firm expects negative conditions into the third quarter of 2024. Also: Truck tonnage was up in February; R+L Carriers founder passes away; more.
March 22, 2023
Mergers & Acquisitions
Knight-Swift acquiring U.S. Xpress for more than $800 million
Updated: The combination of two of CCJ's Top 20 for-hire carriers creates a new mega fleet and further solidifies Knight-Swift as a truckload behemoth as it acquires approximately 7,200 tractors and 14,400 trailers.
March 21, 2023
Recruiting & retention
WorkHound data shows drivers feel more appreciated than ever before
Despite the positive feedback related to praise for drivers, overall driver satisfaction is down, and that can be attributed to macroeconomic factors affecting things like pay.
March 16, 2023
Companies
North Carolina-based FreightWorks shuttering operations
The nearly 200-truck fleet is not stranding any drivers or freight, and all employees will receive a final paycheck. Also: FMCSA closes investigation into TuSimple crash; Averitt opens new Kentucky distribution center; Volvo names top dealer groups.
March 9, 2023
Mergers & Acquisitions
Tennessee 3PL picks up asset-based carrier
Byland Transportation's 48 trucks and 70 trailers will enhance Sage Logistics’ transportation and logistics services.
March 6, 2023
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Business
Abilene Motor Express folding into Swift Transportation
Abilene Motor Express was acquired by Knight-Swift in 2018.
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
Mergers & Acquisitions
'Welcome home': USA Truck acquired by former, current leadership team
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