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CCJ Top 250
Business: Page 44
Business
Record high fuel prices are affecting fleets and the freight market
In this week's 10-44, Jason and Matt talk with Avery Vise, vice president of trucking with FTR, who spoke about how fleets can prepare for sudden changes in operational costs and what FTR expects in the weeks ahead with rates.
March 18, 2022
Business
Yellow to pay $6.8M to settle Department of Defense lawsuit
The nearly 13-year-old lawsuit alleged Yellow knowingly overcharged the DOD to move freight. Also: TForce Logistics launches medical logistics division; trucking charity donates $40k to Ukraine.
March 18, 2022
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January 13, 2026
Business
J.B. Hunt boosting intermodal capacity with BNSF partnership
J.B. Hunt plans to grow its intermodal fleet to as many as 150,000 containers in the next three to five years, a 40+% increase from its count at the end of 2021. Also: East Manufacturing co-founder, CEO passes away; Roadrunner raises driver pay.
March 17, 2022
Business
Fuel prices top $5/gallon nationwide | Trucking groups ask for emission regs relief
Diesel prices across the country increased by 40 cents during the week ending March 14, bringing the national average to $5.25 per gallon. Also: ATA, OOIDA, others ask CARB for relief on final phase of Truck and Bus Reg; A. Duie Pyle expanding.
March 16, 2022
Business
Transport Investments acquires SmartWay Transportation
Based in Overland Park, Kansas, SmartWay offers mainly full and partial truckload (flatbed, reefer, specialty and dry van) transportation brokerage and logistics services.
March 14, 2022
Business
CargoNet: 2021 cargo theft numbers down 15%
Despite the decrease, CargoNet says theft numbers are still high across the country. Also: Michigan expanding spring weight restrictions; CVSA seeks nominations for International Driver Excellence Award.
March 14, 2022
Business
XPO spinning off brokerage business
The CCJ Top 250 carrier is planning to shift its focus solely to its LTL business. Also: Moving company operators indicted for an alleged $12M household goods moving scheme.
March 11, 2022
Business
Coyote Logistics recognizes 20 fleets for outstanding service
The brokerage firm named 20 fleets its 2021 Carriers of the Year for the service they provided throughout the year. Also: Third-party logistics company Smith Eagle Logistics is rebranding.
March 10, 2022
Business
DTNA, Freightliner boss: No turning back from final mile, e-commerce impact shift on trucking
Final mile delivery is expected to grow by 15% in just the next four years.
March 8, 2022
Business
'Sticker shock' at the pump: Diesel prices hit all-time high, and Biden bans Russian oil imports
The halt of Russian energy imports is expected to cause diesel and gas prices to increase even more, though the extent of that impact is unknown. Before the announcement, diesel prices had already hit an all-time high national average.
March 8, 2022
Business
How fleets are working to mitigate rising insurance costs
On this week's 10-44 webisode, ATRI's Dan Murray talks about the findings of the group's latest study looking at rising insurance costs and what fleets are doing to combat those costs.
March 4, 2022
Business
How the war in Ukraine will impact trucking and logistics
In the wake of Russia's invasion of Ukraine fleets can expect inflation, some hiccups in semiconductor production and a media blitz around anyone showing competent leadership during the crisis.
March 2, 2022
Business
Landstar projects $100M truckload loss this month if Ukrainian agencies shut down
The company works with two agencies in Ukraine which combined for roughly 13% of the company's revenue in 2021. Also: Cargo Transporters launches new contest for drivers with focus on safety.
March 2, 2022
Workforce
ATA, OOIDA call on DOT for truck parking expansion
The groups penned a letter to DOT Secretary Buttigieg asking for DOT to focus on expanding available parking for truck drivers. Also: Tenneco acquired; Volvo expanding U.S. Uptime Center; Cargo Transporters increasing driver pay; more.
February 23, 2022
Business
Cummins set to acquire Meritor for $3.7 billion
The two companies have entered into a definitive agreement under which Cummins will pay about $3.7 billion to acquire Meritor.
February 22, 2022
Business
Abenaqui Carriers acquired by petro-chem hauler Brown Bear Transportation
Brown Bear Transportation – a division of Roberts Energy – delivers petroleum products across the northeast lifting out of Springfield, Boston, New Haven, Providence, Albany, Portland and Montreal, Canada.
February 21, 2022
Business
More charged in Louisiana staged-accident scheme targeting fleets, insurers
Seven more individuals have been charged in the widespread case, bringing the total charged to 47. Also: Kenworth receives largest BEV order to date; third-party CDL examiner pleads guilty.
February 18, 2022
Business
With rising CPI, how fleets should address finance, maintenance agreements
The Consumer Price Index is up 7.5% year-over-year, which is impacting the cost of maintenance and equipment for fleets.
February 17, 2022
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Technology
Court halts NYSTA surcharge on commercial trucking toll management service providers
The court's rulings pause the implementation of the surcharge and allow Bestpass by Fleetworthy and PrePass to continue their participation in NYSTA’s existing Standard Commercial Charge Account program while the court reviews legal and procedural issues related to the authority's newly established program.
Business
Abilene Motor Express folding into Swift Transportation
Business
Quantix partnering with liquid bulk haulers MC Tank Lines, Leahy Transport
Mergers & Acquisitions
Koch doubles its nationwide square footage with SOS acquisition
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