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CCJ Top 250
Business: Page 45
CCJ Symposiums
The California contractor conundrum: 'It’s a waiting game, with a lot at stake'
California Trucking Association CEO Shawn Yadon joined transportation attorney Greg Feary for this wide-ranging discussion of California's AB 5 contractor law, scarcely more than a day after Yadon's filing of the CTA's challenge with the Supreme Court.
August 11, 2021
Regulations
Calif.'s independent contractor rule heads to Supreme Court
SCOTUS usually decides within about six weeks whether to hear a case, which could make or break things for many California truckers. Also: TCA seeks new leadership with Lyboldt's looming retirement.
August 11, 2021
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February 19, 2025
Business
Senate passes $1 trillion infrastructure bill with AEB, under-21 apprenticeship pilot
The bill will move to the House, which is in recess until Sept. 20. If passed by the House as it currently reads, the bill would not include funding for truck parking capacity expansion, but it also excludes a liability insurance minimum increase.
August 10, 2021
Business
Publicly traded carriers reap rewards of tight capacity despite equipment, driver shortages
Across the top publicly traded fleets, a few themes remain constant: Rates and volumes are high, labor is short, and tech platforms hold the promise of customer satisfaction.
August 8, 2021
Workforce
Fleets bringing remote employees back to the office
Almost 85% of survey respondents said back-office employees were tucked away in home offices, followed by dispatch (53%), safety (51%), and IT (50%).
August 4, 2021
Mergers & Acquisitions
Top 250 Alabama flatbedder acquires Patriot Transit
Patriot maintains a fleet of 75 drivers and the acquisition will provide Patriot and its customers with additional capacity.
August 4, 2021
Mergers & Acquisitions
National Truck Underwriting Managers acquired by specialty insurance distributor
NTUM focuses on accounts of up to 300 power units. Also: Xos clears hurdle on its way to the NASDAQ; Texas-based frac sand hauler Detmar Logistics reserves 300 Hyliion Hypertruck ERX Class 8 semi-trucks.
August 3, 2021
Companies
President Biden touts Buy American reform during Mack Trucks plant tour
The Buy American statute currently requires for just 55% of the value of their component parts were manufactured stateside. President Biden wants to phase-in an increase to 75%. Also: HOS waivers extended out West; I-40 bridge reopening next week.
July 29, 2021
Business
Trimac Transportation acquires 3PL business
This is a key M&A milestone for Trimac, as the company branches out beyond its Bulk Plus Logistics brokerage division and asset-based bulk and specialized transportation businesses.
July 28, 2021
Economic trends
Masks are back and more freight could be coming
Citing concern with COVID breakthrough cases, the CDC recommended indoor mask-wearing Tuesday regardless of vaccination status. Trucking experts say volumes should remain 'strong' amid surging cases and may even grow stronger.
July 28, 2021
Business
Minneapolis leaders ban truck parking with fines beginning in 2022
Beginning in 2022, commercial trucks will not be allowed to “stop, stand or park on any street” in the city, with few exceptions. Also: 3PLs Worldwide Express and GlobalTranz Enterprises plan to merge.
July 28, 2021
Outlook and Benchmarking
Surge in COVID prompts Walmart to close stores for deep-cleaning
With COVID cases rising, Walmart is shutting down some stores for deep-cleaning. This is not necessarily an indicator of pending "major economic damage" according to ACT Research.
July 26, 2021
Mergers & Acquisitions
Uber Freight to acquire 3PL Transplace for $2.25B
The companies said the buyout will give carriers the ability to work directly with shippers and access high-quality freight across multiple service lines, including intermodal, cross-border and LTL.
July 22, 2021
Mergers & Acquisitions
Paschall Truck Lines parent acquires Missouri carrier
TDC will retain its name and current management team, and will operate autonomously under the IPS umbrella.
July 22, 2021
Workforce
Paper Transport gets cash infusion from investment firm
Sam Zell, named one of Forbes' 100 Greatest Living Business Minds, took a stake in Paper Transport. Also: NexGen trucking association partners with schools to provide CDL, diesel tech programs for young adults in three states. Benore launches EV fleet.
July 21, 2021
Workforce
XPO workers ratify first Teamsters contract in Miami
Following a 6.5-year battle, the Teamsters union scored its first victory with XPO Logistics workers. Also: TuSimple partners with long-range lidar developer; Van, reefer spot rates tick up, DAT reports; Women in Trucking seeks award nominees.
July 15, 2021
Economic trends
Trucking's 'driver shortage' claims miss a key point
Trucking leaders have consistently identified a driver shortage as the number one problem plaguing the industry, but a recent panel discussion of efforts might just turn that on its head.
July 14, 2021
Business
XPO board approves spin-off of logistics segment
XPO's logistics segment, GXO Logistics, will be spun off as an independent company. Also: Spot volumes, rates down as expected during July 4 week.
July 14, 2021
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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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