Kenan Advantage Group announced the acquisition of Texas-based XBL.

Schneider National announced it has acquired Cowan Systems and some of its real estate assets in a deal totaling more than $400 million.

The Teamsters new labor deal with Standard Forwarding likely clears the path for a Jack Cooper acquisition.

Kenan Advantage Group announced Friday that it has acquired Michigan-based dry bulk hauler PRM Trucking.

A majority stake in less-than-truckload carrier Roadrunner has changed hands from an activist investor to an investment group led by the company’s CEO.

Freight asset intelligence platform GenLogs is now using its carrier identification data to help law enforcement solve thefts.

J.B. Hunt Transport Services is hopeful that Western rail service will improve, allowing it to layer higher contract pricing across record intermodal volumes.

Speaking at FreightWaves’ F3: Future of Freight Festival, John Larkin, senior partner at Venture 53, discusses what he looks for in an early stage company.

J.B. Hunt Transport Services’ CEO Shelley Simpson encourages transportation leaders to solve the industry’s challenges through partnerships at F3 on Tuesday.

The New York Shipping Exchange announced it has closed a Series C funding round and launched a series of shipping rate indexes.

The Cass Freight Index shows both volumes and expenditures remained lower in October.

Less-than-truckload carriers continue to take general rate increases even as the overall demand picture remains murky.

PS Logistics announced it has acquired Louisiana-based flatbed carrier Fluker Transportation for an undisclosed sum.

A federal bankruptcy court has denied a request to reconsider its ruling on withdrawal liability claims against Yellow Corp.

Radiant Logistics beat expectations for the recent quarter and expects an uptick in gross profit during the last quarter of the year as it supports hurricane relief efforts.

Schneider National announced it will begin an intermodal service connecting Mexico and Texas with the U.S. Southeast next month.

Forward Air continues to refresh its leadership team, hiring a new chief commercial officer on Wednesday.

Schneider National is hopeful for a better seasonal inflection in the fourth quarter, noting some areas of the truckload market are seeing significant capacity exits.

Schneider National missed third-quarter expectations Wednesday, but shares of the truckload carrier were up 4% in early trading.

Lineage Inc. announced quarterly results Wednesday for the first time since becoming a public company.

October’s Logistics Managers’ Index showed supply chain managers expect transportation rates to move significantly higher over the next year.

Forward Air lowered full-year earnings guidance on Monday and said it wouldn’t address press reports that it is up for sale following a messy merger.

J.B. Hunt Transport Services has announced executive management changes as it aims to increase its market share during the next freight market upswing.

ArcBest missed third-quarter expectations and is guiding to more than 500 basis points of less-than-truckload operating ratio degradation in the fourth quarter.

ArcBest sees weak trends in both its asset-based and asset-light segments during the third quarter.

Less-than-truckload carrier XPO beat third-quarter expectations and outlined a plan for outsize yield and margin growth.

XPO beats third-quarter expectations, reporting 200 basis points of margin improvement in its less-than-truckload unit.

Truckload carrier Heartland Express reported another loss in the third quarter and said cost cutting alone won’t return it to profitability.

Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.

Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.

Moran Transportation announced it has acquired fellow less-than-truckload transportation provider RMX Freight Systems.

A federal bankruptcy judge overseeing Yellow Corp.’s liquidation has corrected a mistake in an earlier opinion, which could significantly alter how much Yellow owes to pension funds.

Less-than-truckload carrier Saia saw a modest backup in financial results during the third quarter but reasserted confidence that it’s on the right path with its terminal growth strategy.

Pam Transportation said even though its third quarter was bookended by soft demand, it saw sequential improvement in operating trends.

Less-than-truckload carrier Saia’s less favorable freight mix and higher cost structure from a terminal expansion weighed on its third quarter.

Knight-Swift Transportation beat third-quarter expectations and provided some positive anecdotes around recent demand and pricing trends.

Knight-Swift Transportation beat the third-quarter consensus estimate but provided a mixed earnings outlook for the next two quarters.

Continued weakness in freight demand weighed on Old Dominion’s third quarter, but the less-than-truckload carrier said current sequential trends are the best in two-and-a-half years.

Old Dominion Freight Line’s third-quarter came in slightly ahead of analysts’ lowered expectations, but its volume trends remained soft.

Less-than-truckload carrier Saia said it will open three terminals in October, pushing its new terminal count to more than 20 this year.

Yellow’s Chapter 11 plan before a federal bankruptcy court includes up to $100 million in payments to employees holding paid-time-off and commission claims.

After mounting pressure from some shareholders following an ill-fated merger, sources have confirmed to FreightWaves that Forward Air is working with investment bankers to sell the company.

Logistics real estate investment trust Prologis said it doesn’t expect the market to positively inflect until mid-2025.

Logistics warehouse operator Prologis beat third-quarter expectations even as some key metrics dipped amid a market “bottoming process.”

J.B. Hunt Transport Services beat third-quarter expectations as it awaits a turn in the freight market.

J.B. Hunt Transport Services reported a better-than-expected result for the 2024 third quarter on Tuesday after the market closed.

Daylight Transport and Old Dominion Freight Line garnered the top rankings in consulting and research firm Mastio’s 2024 survey of shippers.

Continued volume weakness along with a steadying rate environment were the primary takeaways from Cass Information Systems’ September report.

Supply chain software provider Descartes said Monday it has acquired omnichannel e-commerce platform Sellercloud in a deal that could total $130 million.

Hub Group announced a joint venture with Mexico’s largest intermodal carrier, EASO.

Investment firm Alta Fox has joined some of Forward Air’s other investors that are calling on the expedited trucking company to consider a sale following its controversial acquisition of Omni Logistics.

Containerized logistics services provider STG Logistics said it will use a new $300 million debt and equity financing package to fund future growth.

Radiant Logistics announced its seventh acquisition in the past year on Wednesday, acquiring operating partner Focus Logistics.

Universal Logistics said the $194 million acquisition of rail terminal operator Parsec will be immediately accretive to earnings.

There was no change in transportation capacity during September. That, coupled with further growth in pricing, signals the freight market may finally be climbing out of a prolonged downturn, a survey of supply chain executives showed.

A Wednesday court filing showed bankrupt Yellow Corp. will begin accepting indications of interest for its remaining terminals next week with the hope of closing the property sales in January.

Third-party logistics provider HTL Freight announced it has acquired CTS Logistics.

Freight factoring platform Outgo said a recent $15 million funding round has allowed it to ramp funding speeds to carriers.

A Delaware bankruptcy court denied a request to stay the deposition of Teamsters union leader Sean O’Brien regarding his involvement in failed negotiations with Yellow Corp. last year.

Container management software provider Gnosis Freight announced it has accepted a strategic capital investment from Vista Equity Partners.

Freight forwarder and logistics provider Seko Logistics announced it has entered an agreement to recapitalize.

Saia announced plans to open three more terminals in September, which is part of a larger plan to open 18 to 21 this year.

Susquehanna Financial Group analyst Bascome Majors cut his earnings forecasts for less-than-truckload carriers following a soft August.

Sam Stockdale, head of sustainability at Link Logistics, discusses operational sustainability in warehousing at FreightWaves’ Net-Zero Carbon Summit on Wednesday.

Canadian supply chain SaaS provider Descartes acquired MyCarrierPortal, which provides brokers and shippers with carrier onboarding and risk monitoring tools.

RXO announced Monday that it has completed the acquisition of freight broker Coyote Logistics.

Cass Information Systems’ August update shows a freight market that is still awaiting a recovery.

A Delaware bankruptcy judge said Friday that Yellow is on the hook for withdrawal liabilities but that the amounts will be capped.

Radiant Logistics said some customers have moved freight deliveries up to avoid a potential dockworker strike or a possible change to U.S. trade policy.

Executives at some of the nation’s top truckload carriers say it’s still too soon to know when the market will turn.

UPS said Tuesday it was buying two Germany-based cold chain logistics operators to add to its sprawling health care logistics footprint.

Shortly after testifying about the days leading up to Yellow’s 2023 bankruptcy, its former head, Darren Hawkins, has taken on a new role leading the North American Chassis Pool Cooperative.

Radiant Logistics has acquired oil and gas transportation and logistics specialist Foundation Logistics & Services.

Supply chain SaaS company Descartes reported record quarterly results for the period ended July 31.

Some less-than-truckload carriers reported weaker tonnage trends in August but continued to capture increases in yields.

Teamsters union leader Sean O’Brien will have to appear at an in-person deposition that could determine the fate of up to $244 million in WARN Act claims against Yellow’s estate.

Less-than-truckload carrier Saia is still recording volume growth even though a year has passed since Yellow Corp. closed and the comparisons have gotten tougher.

A soft macroeconomic environment has resulted in lighter shipments for ArcBest and a delay in the company’s freight swap.

A shareholder-backed bankruptcy plan for Yellow Corp. would satisfy all allowed unsecured claims and leave shareholders with a real estate investment trust to manage the remaining properties.

The August Logistics Managers’ Index showed transportation capacity increased notably while pricing growth slowed.

Nikola Corp. announced that it has hired ousted Forward Air CEO Tom Schmitt to lead its commercial efforts.

Newly-formed Jack Cooper LTL is rumored to be in talks to purchase less-than-truckload carrier Standard Forwarding.

AFS Logistics tapped Andy Dyer as its next CEO but made no mention of the departure of its former leader.

Yellow Corp., which is close to submitting a final Chapter 11 plan, can retain real estate broker CBRE to sell its remaining terminals, a Delaware bankruptcy court said Friday.

Less-than-truckload carrier Estes said Thursday it has closed on seven additional terminals that were being leased by bankrupt Yellow Corp.

Radiant Logistics announced it won a five-year contract to be a prime contractor for the U.S. Agency for International Development.

Kenan Advantage Group has acquired Louisiana-based tanker trucking company TransVac for an undisclosed sum.

Activist investor Ancora has called on Forward Air’s board to consider a sale of the company and to begin engaging with potential buyers.

Activist investor Clearlake Capital holds a 13.8% equity position in Forward Air and signaled it may look to make changes at the company.

XPO is reportedly again in talks to divest its European transportation business as it seeks to focus solely on its North American less-than-truckload operations.

Data from Cass Information Systems showed year-over-year declines in volumes and costs slowed in July.

Inc. 5000’s list of fastest-growing private companies includes 166 transportation and logistics companies.

Less-than-truckload carrier Saia is adding six locations acquired from Yellow Corp. in Montana, South Dakota and Wyoming in August.

Creditors to Yellow’s estate say professional fees are racking up while its advisers delay a realistic Chapter 11 plan in hopes of producing an unlikely recovery for shareholders.

Republican lawmakers are leaning on the Department of Justice to provide an update on an investigation into more than 60 multiemployer pension plans that were overpaid from a government bailout package.

Forward Air said Wednesday it will continue to focus on integration and revenue opportunities following a messy merger with Omni Logistics.

J.B. Hunt and autonomous truck maker Kodiak Robotics have executed more than 50,000 accident-free miles on a long-haul lane between Bridgestone facilities.

Less-than-truckload provider Roadrunner said Wednesday it will now serve locations in western Canada.

Global warehouse operator Prologis announced its Mexican affiliate has acquired a 77% equity stake in Fibra Terrafina.

Yellow’s non-pension-affiliated creditors as well as its shareholders may soon know the fate of their stake in the defunct less-than-truckload carrier’s estate.