Several asset-based carriers changed their course through M&A in 2021.

RLS Logistics continues to roll up the cold storage market, adding one family operator at a time.

J.B. Hunt Transport announced that eligible drivers and maintenance techs received nearly $10 million in appreciation bonuses on Friday.

Los pagos se destinan a los empleados contratados antes de
octubre que reúnan los requisitos necesarios

AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.

In its third pay hike of 2021, Forward Air rolls out its biggest pay package for independent contractors ever.

El proveedor de LTL y TL aumenta la tarifa por milla por
tercera vez en 2021

Old Dominion Freight Line was the latest less-than-truckload carrier to implement a general rate increase ahead of schedule. The 4.9% adjustment is in line with the rate hike it announced earlier in the year.

FreightWaves’ Kevin Hill chats about changes in the ways less-than-truckload carriers do business since the onset of the pandemic with Old Dominion’s process and innovation leader Barry Craver.

Freight costs reach a record, according to November data from Cass Information Systems.

Less-than-truckload carrier Yellow Corp reports the weakest revenue trends out of the public carriers providing fourth-quarter updates.

Forward Air’s initiative to upgrade its freight mix to a heavier class of premium cargo was evident in November results.

Truck broker Landstar System announced Wednesday it will use 2021’s record performance to pay shareholders a $2-per-share special dividend.

El modelo de activos ligeros sigue dando un golpe de efecto

Ligera moderación en las tendencias de crecimiento de
octubre a noviembre

Growth throughout the supply chain accelerated in November with costs reaching all-time highs, according to the Logistics Managers’ Index.

Less-than-truckload carrier Old Dominion said share-taking efforts led to revenue growth ahead of its peers during November.

Midwest Motor Express añade otro eslabón a la presencia
nacional de carga parcial

Radiant Logistics announced Monday that it acquired digital logistics services provider Navegate for $35 million.

Knight-Swift adds to its less-than-truckload offering with the acquisition of Midwest Motor Express. Investors continue to see the value in owning LTL assets.

Difficulties finding trailers is starting to rival the effects of the driver shortage at the nation’s largest fleets.

Intraquarter updates from less-than-truckload carriers show record third-quarter operating conditions have continued through the first two months of the fourth quarter.

Ashley Furniture incorpora su flota de camiones a la empresa

Ashley Furniture has acquired Wilson Logistics, which provides asset-based third-party logistics services with a fleet of more than 1,200 trucks.

General rate increases for less-than-truckload shipments not under contract are rolling in ahead of schedule and are a little higher than normal.

Retail inventories jump ahead of the holiday buying season but the need for restocking will extend well into 2022, which bodes well for freight demand.

Werner Enterprises triples the size of its final-mile offering with the addition of Northeast-based Nehds Logistics.

Third-party logistics provider Transport Investments Inc. has acquired a majority stake in specialty freight brokerages US Logistics and Nationwide Logistics.

Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.

Yellow Corp. President Darrel Harris has filled the company’s vacant chief operating officer role.

J.B. Hunt announced it has launched a new transload service in the New York metro area to address network congestion.

FedEx is forecasting a 10% increase in package deliveries during the holiday shipping season.

Air and ocean asset-light logistics provider STG has acquired International Warehouse Services.

Truckload carrier U.S. Xpress expects a hot freight market to carry through the end of the year but cautions consumer headwinds are mounting.

La capacidad de gasto de los consumidores determinará la
duración del ciclo actual

October data from Cass shows supply chain bottlenecks and capacity shortages continue to subdue shipment growth. However, the condition led to another jump in rates.

The likely end date of a chaotic transportation market is being extended.

FreightWaves’ Tyler Cole and Brad Benbow, business growth investments at Ardagh Group, chat during FreightWaves’ F3 Virtual Experience on ways to cut supply chain waste.

Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.

FreightWaves’ Kevin Hill sits down with Michael Newcity, ArcBest’s chief innovation officer, during the F3 Virtual Experience to discuss the importance of customer collaboration in building winning technology solutions.

Electronic bill of lading capabilities in less-than-truckload shipping are growing in favor, according to shipping management platform MyCarrier.

Less-than-truckload carriers report strong October results. But one analyst questions if the stocks have run too far ahead of results.

Truckload carriers booked record gains on the sale of revenue equipment during the third quarter but the profits shouldn’t be viewed as artificial earnings.

A rule requiring vaccines for employees, or weekly testing for workers declining vaccination, at companies with staff of 100 or more gets emergency stay.

El tribunal emite una suspensión de emergencia del mandato
de la vacuna COVID-19 de la administración Biden

AskWaves takes a look at which rate-per-mile metrics to use out of the information public carriers disclose quarterly.

El acuerdo añade 150 millones de dólares en ingresos

Warehouse and third-party logistics operator Warehouse Services Inc. has acquired Total Logistics Inc.

Yellow Corp. rode a hot freight market and an internal overhaul to positive net income for the first time in several quarters.

Forward Air announced the acquisition of two Minnesota-based intermodal transportation outfits on Wednesday.

An October supply chain survey shows transportation capacity falling at a faster pace while freight rates keep stepping higher.

El Índice de Gestores Logísticos (LMI por sus siglas en
inglés) muestra una escasa disminución de la tensión en la
cadena de suministro

ArcBest reported record quarterly results on Tuesday, and management sees the possibility of incremental improvement moving forward.

ArcBest posted record quarterly results for the third time this year on Tuesday. Each of its segments reported double-digit top-line growth.

ArcBest announced Monday that it has closed on the previously announced acquisition of Chicago-based truckload brokerage MoLo Solutions.

Universal Logistics misses third-quarter expectations and said it will look to its customers to address wage inflation and accessorial charges at the ports.

Las tarifas suben 2 dígitos en 2022

Notable cost headwinds around driver sourcing and equipment downtime weighed heavily on Werner Enterprises’ third-quarter results. But the carrier still raised long-term margin expectations.

Forward Air took an aggressive step Thursday, issuing sizable earnings growth guidance through 2023. Upgrading the freight mix has management confident in the extended outlook.

Management from Schneider National told analysts on its third-quarter earnings call that current truckload fundamentals should carry through the end of 2021 and well into next year.

Old Dominion expects the costs of growing at such a fast pace will linger for a while. The company beat third-quarter estimates and doubled down on its share-taking strategy.

Freight broker Echo Global Logistics reports better-than-expected third-quarter results in what is likely its last public quarterly report.

Specialized and flatbed carrier Daseke posted better-than-expected third-quarter results Friday. Management said the company is working on a couple of acquisitions.

Landstar reports record third-quarter results and calls for a similar performance in the fourth and potentially beyond.

A look at how Knight-Swift Transportation blew past third-quarter expectations and raised its full-year guidance.

Carriers have overcome notable cost inflation and disruption to post better-than-expected results so far in the third-quarter earnings season.

La escasez de mano de obra ‘es el núcleo’ de los problemas de la cadena de suministros del país

Shares of J.B. Hunt Transport Services jumped 10% Friday as the company navigated supply chain challenges during the third quarter to beat analysts’ forecasts.

J.B. Hunt Transport Services sidesteps disruption throughout the transportation network to beat analysts’ forecasts.

P.A.M. Transportation Services sees earnings surge during the third quarter even as supply chain disruption accelerates.

Heartland Express beats expectations in the third quarter with the help from gains on sale.

Supply chain constraints are keeping a lid on freight volumes while rates continue to reach new highs, according to September data from Cass Information Systems.

Tri-State Expedited announced it has been acquired by its senior management team.

New forecasts from the National Retail Federation call for retail imports to stay high through at least February.

Boyle Transportation has been acquired for $80 million by a Canadian health care supply chain management company.

A Democrat-led committee investigating Yellow’s $700 million Treasury loan suggests the Trump administration was involved in the approval process.

FreightWaves’ Anthony Smith talks about the ways shippers are building reliant supply chains with Nate Shutes, VP of global fulfillment and logistics at Blu Dot, during FreightWaves’ OceanWaves Summit.

The logistics arm of Cheema Freightlines announced it has acquired 3PL provider Walker Logistics.

Third-party logistics provider Unique Logistics filed for a public offering, which is expected to raise at least $35.5 million in net proceeds.

Transportation capacity continues to contract at a record pace with rates climbing to historical levels, according to the September Logistics Managers’ Index.

Morgan Stanley analyst Ravi Shanker believes rate expectations of truckload management teams haven’t been reflected in 2022 earnings estimates yet.

ArcBest’s acquisition of truckload broker MoLo Solutions accompanies an announcement of strong third-quarter results for its LTL segment.

With disruptions likely to linger well into 2022, intermodal equipment provider DCLI sees the labor shortfall as the biggest hurdle in the supply chain.

ArcBest announced after the close Wednesday it has entered into an agreement to acquire Chicago-based truckload broker MoLo.

Driver pay increases continue to roll in as a strong macroeconomic environment shows little signs of slowing.

Temperature-controlled warehouse operator RLS Logistics adds another regional partner as it builds out a national footprint.

Industrial warehouse operator Prologis Inc. said Thursday it was expanding a training program aimed at bringing 25,000 new workers to the logistics industry.

Scott Berhang, director of FreightWaves Academy, and Patrick De Haan, head of petroleum analysis for GasBuddy, chat future fuel prices at FreightWaves’ Fuel Buyers Summit.

M&A in third-party logistics continues at a high rate. PLS Logistics Services announced it has acquired freight broker D&L Transport.

Small carriers are opting to bring only a power unit to a brokered transaction.

Seasonal hiring begins as transportation providers plan for another big peak season. FedEx is looking to add 90,000 workers.

More trucking heads weigh in on rate expectations for 2022. Following a sizable rate bump this year, it appears that rates could move considerably higher again next year.

August data from Cass shows freight expenditures extend their torrid pace. Freight demand remains high but a lack of capacity is constraining shipment growth.

Less-than-truckload carrier Yellow reported tonnage declines worse than its peers for the first two months of the third quarter. The carrier said it currently remains focused on driving yields higher in lieu of volume growth.

Private equity takeout allows Echo Global Logistics’ equity value to rise to that of its peers. Management believes its new affiliation with deeper pockets opens up bigger M&A opportunities.

Radiant Logistics announced it closed its fiscal year in record fashion on Thursday. The company will repurchase shares and pursue acquisitions as a means of boosting valuation.

Recent earnings reports from retailers exhibited improved inventory positions compared to a year ago. However, the comps show merchandise levels are still lagging sales by a wide margin.

Intermodal logistics provider RoadOne announced the acquisition of Rose Transportation on Wednesday.

ArcBest said Wednesday an August tonnage decline in its asset-based segment was done intentionally so that it could better service its core less-than-truckload customers.

Less-than-truckload carrier Old Dominion reported strong operating trends for the first two months of the third quarter. The carrier said it will continue to reinvest in its network to achieve further market share wins.