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CCJ Top 250
Business: Page 47
Economic trends
What to expect with diesel prices in the coming months
Depending on the severity of the upcoming winter, diesel prices could continue to increase for the next few months. Prices are expected to fall in 2022, however, as refineries increase production.
November 18, 2021
Business
New load opportunities, new brokers, to flow through 'Convoy for Brokers' platform
The Convoy company is stepping into load-board territory with a new "Convoy for Brokers" program -- offering new load opportunities to owner-ops in the platform from freight brokers other than Convoy's brokerage itself.
November 18, 2021
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January 4, 2026
Business
PS Logistics picks up another Alabama-based fleet
Since 2014, PS Logistics has acquired and integrated 23 trucking and logistics operations, including six this year and two this month.
November 16, 2021
Business
Trucking industry imperiled by spike in nuclear verdicts
Large court-ordered verdicts are fueling higher prices for Truckers Auto Liability Insurance and reducing access to Excess Liability Insurance – two critical types of coverage because of the severity of many trucking accidents.
November 11, 2021
Insurance
Biden announces plans for port, border-crossing improvements to help supply chain
Using funding from the recently passed infrastructure bill, Biden outlined ways the administration plans to clear bottlenecks at ports and update State Freight Plans to ensure best practices across the board.
November 11, 2021
Business
PS Logistics makes fifth acquisition this year, picks up Oklahoma flatbedder
The combination of Starke, Florida-based DMT Trucking and Daryl Thomason Trucking provides PS Logistics with 108 trucks, 167 53-foot flatbed trailers, and additional terminals in Oklahoma and Arkansas.
November 10, 2021
Business
CFI reorganizes business into five divisions
The TFI International subsidiary now has three asset-based and two non-asset divisions. Also: HOS waivers extended in North Dakota, Minnesota for livestock feed haulers; Paccar exec honored by Women in Trucking.
November 10, 2021
Business
'Diesel shortage' hits truck stops across America
The newest shortage impacting the U.S. economy is diesel fuel, as major chain truck stops across the country have in spots begun limiting the number of gallons a hauler can purchase. Meantime, continuing soaring prices hurt some owner-ops' bottom lines.
November 9, 2021
Business
Forward Air acquires intermodal carrier, expands drayage capability
The transaction quadruples Forward Air's total number of drivers in the Minneapolis Intermodal market.
November 3, 2021
Business
Diesel prices hit seven-year high with latest increase
The U.S.’ average price for a gallon of on-highway diesel is now $3.727, up 1.4 cents over the previous week. Also: UPS plans to hire 60k seasonal employees; GSC Logistics accelerating growth to meet cargo demand; Flatbed fleet raising driver pay.
November 3, 2021
Business
Secrets to building a successful trucking company
More than 3,140 trucking companies went out of business last year. Typically, around 85-90% of startup trucking companies fail.
October 31, 2021
Outlook and Benchmarking
Port confidence still wanes despite driver bonuses, new container fees
From the Port of Miami to the Ports of Los Angeles and Long Beach, efforts to alleviate historic port congestion through big driver bonuses and hefty container fees have left industry leaders concerned about the heavy price of business.
October 30, 2021
Business
Ryder acquiring Midwest Warehouse & Distribution System and its private fleet
Acquisition allows Ryder to add multi-client warehousing and distribution capabilities to its business.
October 27, 2021
Business
Alabama tanker CEO takes over as ATA chairman | U.S. Capitol Christmas Tree begins cross-country journey
The tree was loaded onto a new Kenworth T680 of System Transport in Northern California and will go on tour while being transported to Washington, D.C. Also: Mack to offer electric APU on Anthem sleeper models next year; Hogan earns EPA award.
October 27, 2021
Business
California port backlog an 'emergency' requiring the national guard?
President Joe Biden floated the possibility of using National Guard troops to move freight as a group of California businesses demand temporary deregulation to address the massive port backlog.
October 26, 2021
Business
Secret to lower insurance costs is in driver data
The biggest hurdle when approaching a renewal is showing an underwriter that the fleet is utilizing (not just gathering) data to prevent and document incidents.
October 26, 2021
Maintenance
ECM issue prompts Volvo VNL recall
Approximately 167 model year 2022 Volvo VNL tractors are include in the recall, which could affect the trucks' transmissions. Also: Uber Freight's new partnerships to offer quicker pay, fuel discounts; TMS provider partners with EV charging firm.
October 26, 2021
Regulations
FMCSA's Joshi meets with trucking groups in Midwest
FMCSA Deputy Administrator Meera Joshi met with several trucking groups last week to discuss challenges in the industry. Also: Trucking conditions improve again; TMC studying advanced reefer tech; TMS provider expands with new office location.
October 25, 2021
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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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