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Business: Page 44
Business
Cross-border parcel service carrier General Logistics Systems acquires Rosenau Transport
GLS expands its service in Canada significantly and aims to play a significant role as a national logistics provider for parcels, LTL, FTL and customers brokerage with U.S. reach.
October 8, 2021
Business
Diversification: Silver Creek Transportation's growth secret
Henderson, Kentucky-based Silver Creek Transportation, in just a few years, has gone from a local aggregates hauler to a diversified carrier hauling across the lower 48 states with 24 power units. Longtime owner Jason Cowan leads the team with two sons.
October 8, 2021
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Regulations
Operation Safe Driver Week netted 7,500 warnings, citations to truck drivers
CVSA's annual week-long safe driving enforcement blitz saw speeding and seat belt use as the top violations among truckers. Also: Freightliner's electric trucks hit milestone; Nikola announces hydrogen production partner; New Ryder used truck dealerships.
October 8, 2021
Business
House subcommittee claims Yellow may have improperly obtained and used $700M COVID loan
A Democrat-led House subcommittee said 'troubling reports' indicate that the Trump Administration may have helped Yellow to obtain a $700 million CARES Act loan.
October 7, 2021
Outlook and Benchmarking
OEMs mostly quiet on Biden chip data request as more advanced chips get investment dollars
The Biden administration’s push for semiconductor data from U.S. auto makers as part of an effort to curb hoarding and create a more equitable approach to divvying up legacy chips may do little in a growing global economy hungry for more advanced chips.
October 7, 2021
Business
Covenant completes rebranding to Covenant Logistics Group
The company says the new name represents its transition to a "true logistics provider." Also: Penske dedicates new classroom at Maryland tech school; Parcel delivery company recognized for recent expansion; Volvo gets large electric truck order in Europe.
October 7, 2021
Business
Soza Trucking builds solid foundation in car haul
The first here in our series of 10 profiles of Small Fleet Champ semi-finalists tells the story of C.G. Soza, owner-operator of four-tractor Soza Trucking, out of California, and how he flexed business acumen to grow with car haul against the odds.
October 6, 2021
Business
Boyle Transportation acquired by healthcare supply chain management firm
Boyle Transportation, who just last week was named one of the Truckload Carriers Association's Best Fleets to Drive For for the second consecutive year, joins a Toronto-based healthcare supply chain specialist.
October 5, 2021
Business
Cheema Freightlines acquires Montana-based 3PL
Cheema Freightlines and Cheema Logistics Founder and CEO Harman Cheema said he expects the acquisition to further bolster Cheema’s footprint in the logistics market.
October 5, 2021
Business
8 tips to save on fleet costs
Keeping track of costs can be harrowing, especially the incidental ones.
October 4, 2021
Business
How a sleeper upgrade boosts one owner-op's quality of life, business
Independent owner-operator Debbie Desiderato won the TransFIX My Rig driver appreciation sweepstakes for a sleeper makeover. She talks about how the upgrade improves her life on the road and her bottom line in this week's 10-44 webisode.
September 30, 2021
Technology
Fleets see productivity drop after increasing driver pay
Large fleets have seen driver availability decrease after giving raises. Executives from the largest fleets shared this and other insights during the Truckload Carriers Association annual convention in Las Vegas.
September 30, 2021
Regulations
North Dakota's HOS waiver for livestock haulers extended
The record drought in the state prompted Gov. Doug Burgum to extend the waiver for haulers of livestock and hay and water for livestock. Also: Former CCJ Innovator of the Year earns industry recognition.
September 30, 2021
Business
ACT: Freight volumes, rates remain strong despite August dip
ACT Research's For-Hire Trucking Index for August saw a drop in volumes and pricing, despite a strong supply-demand balance. Also: Kodiak announces fourth-gen autonomous truck; Maverick offering new sign-on bonuses; Penske's new Fort Worth facility.
September 29, 2021
Mergers & Acquisitions
How to avoid driver turnover in M&A proceedings
"Information breeds confidence and silence breeds fear." When drivers don't know what's going on with the sale of the company, they're likely to assume the worst. Here's how to find solid partners for M&A and how to make sure it's a happy marriage.
September 28, 2021
Business
Are owner-operators a legal landmine for fleets? Attorney weighs in
Recent court rulings cast doubt on the future of the owner-operator model in trucking. It may take a Supreme Court ruling to settle the dispute.
September 28, 2021
Business
Diesel increases to highest national average since 2014
The latest week's average of $3.406 per gallon nationwide is the highest since December 2014. Also: Daimler recalls approximately 460 Freightliner Cascadias for a potential exhaust issue; Eroad seeks driver award nominees; Crete increasing driver pay.
September 28, 2021
Business
ATA: Truck tonnage up for first time since March
ATA's seasonally adjusted For-Hire Truck Tonnage Index increased 0.5% in August, which was the first monthly increase since March. Also: Embark forms advisory board for autonomous development; Volvo adds electric fleet charging start-up as partner.
September 23, 2021
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