Omni Logistics is asking a Delaware court to make Forward Air close on a planned merger between the two companies.

Forward Air will primarily focus on less-than-truckload opportunities moving forward as it tries to exit a burdensome merger agreement.

Forward Air said it would accelerate a strategic review of its assets after missing third-quarter consensus and providing a weaker-than-expected fourth-quarter outlook.

Third-quarter earnings reports show how Yellow Corp.’s market share was redistributed across the less-than-truckload industry.

XPO said Monday it plans to increase capital spending to respond to a tightening capacity dynamic following Yellow’s closure.

Car hauler Jack Cooper Transport has been rumored to be behind a bid for Yellow Corp. just four years removed from its own bankruptcy.

XPO reported a third-quarter-earnings beat on Monday as fallout from a competitor’s closure overshadowed a soft macroeconomic environment.

ArcBest’s less-than-truckload operation saw a meaningful step up in profitability in the third quarter as it remains selective on market share opportunities.

A bankruptcy judge said Friday that Yellow Corp. can move forward with a plan to use liquidators to dispose of rolling stock.

ArcBest reports a third-quarter earnings beat when adjusting for several one-off items.

Link Logistics added 24 million square feet of space during the third quarter while holding occupancy level.

Heartland Express books a third-quarter net loss and makes changes to cull unprofitable accounts.

Forward Air may decide to terminate its merger agreement with Omni Logistics even though a Tennessee court said it won’t stand in its way.

Freight broker Landstar System told analysts on a Thursday call that it expects the current freight downturn to last eight quarters, not six as previously hoped.

Old Dominion sees a 6% uptick in shipments following Yellow’s closure but says the industry’s freight reshuffle hasn’t been permanently settled.

Old Dominion Freight Line reported better-than-expected third-quarter results as Yellow’s departure provided a tailwind.

Less-than-truckload carrier Saia will implement a 7.5% general rate increase in early December.

Averitt Express received the highest overall ranking, with Old Dominion Freight Line voted top national less-than-truckload carrier in a value and loyalty survey.

Knight-Swift Transportation beat lowered third-quarter expectations Thursday and said the market appears close to a tipping point.

Pam Transportation Services sees truckload fundamentals weaken further during the third quarter.

Cass’ shipment data was up sequentially for a second straight month in September and the truckload linehaul index was positive for the first time in more than a year.

Activist investor Ancora said it will move to remove Forward Air’s board and CEO if a Tennessee court rules a shareholder vote on the Omi merger is warranted.

Logistics warehouse owner Prologis on Tuesday noted some cracks in demand, which it attributed to interest-rate policy and geopolitical fears.

Tuesday filings before a Delaware bankruptcy court are asking for the use of professional auction houses in the disposition of Yellow’s trucks and trailers.

Logistics warehouse landlord Prologis beat expectations for the third quarter on Tuesday.

Roadrunner announced Tuesday a new service that waives 100% of the freight bill for shipments that don’t arrive on time.

A Tennessee court will take more time mulling over a complaint from shareholders claiming they have the right to vote on Forward Air’s merger with Omni Logistics.

A quarterly survey of shippers suggests the trucking market is still distanced from a material recovery.

Equity research analysts are taking less-than-truckload earnings forecasts higher following the industry’s successful absorption of defunct Yellow’s freight.

Radiant Logistics has acquired a Florida-based logistics partner that provides forwarding services to the cruise lines.

A September supply chain survey suggests the freight industry is coming out of a recession.

Investment firm Oaktree Capital Management has acquired Consolidated Chassis Management as the intermodal equipment provider becomes the sole manager of a new pool.

More than one-third of shippers and brokers polled said they were still searching for a permanent less-than-truckload provider following Yellow’s exit.

Forward Air’s planned merger with Omni Logistics hit a roadblock this week as a Tennessee court said it will decide next month if shareholders get a vote.

Warehouse Services Inc. said Thursday it has acquired Sky Transportation Services, a dry van fleet specializing in cross-border shipments.

FLS Transportation builds out a North American footprint with the acquisition of AMAC Logistics.

Several data points provided by ACT Research on Wednesday showed the trucking market may be shaking off the downcycle.

Sam Stockdale chats about Link Logistics’ energy-efficiency initiatives at FreightWaves’ Net-Zero Carbon Summit.

Estes Express Lines was named the winning stalking horse bidder in Delaware bankruptcy court on Thursday.

The Teamsters union asked the U.S. Senate to look into Yellow’s bankruptcy proceedings as part of a broader review a judiciary committee is conducting on bankruptcy manipulation.

Kraft Heinz is moving forward with several initiatives to create an autonomous supply chain operation that have carriers calling it a choice shipper for a fifth straight year.

Monday data from Cass Information Systems showed slight improvement from July to August but the comparisons to 2022 worsened.

A U.S. bankruptcy judge approved several orders Friday, paving the way for Yellow to unload assets and repay creditors.

J.B. Hunt Transport Services said Thursday after the market closed it has entered an agreement to acquire the brokerage arm of BNSF Logistics.

Radiant Logistics is looking to deploy its unleveraged balance sheet on M&A.

Estes Forwarding Worldwide announced plans to acquire fellow forwarder Superior Brokerage Services.

Less-than-truckload carrier Estes’ latest stalking horse bid for Yellow’s terminals replaces an offer made by competitor Old Dominion.

J.B. Hunt provided a slightly more positive outlook at an investor conference on Wednesday.

Truckload carrier management teams are becoming more encouraged that freight markets are balancing.

Forward Air’s August tonnage improved from July but likely came in lower than expected.

Transportation and logistics provider GP Transco said Thursday that OpenRoad TMS, which was developed internally, will now be marketed to other carriers.

I Squared Capital has cobbled together a national portfolio of trailer lessors through M&A representing 55,000 units.

Less-than-truckload carrier Old Dominion reported a large turnabout in operating trends during August.

Supply chain visibility provider Descartes leans on past acquisitions to grow through the downcycle.

Forward Air defends its latest deal that will position it as a supplier and a competitor to its customers.

Less-than-truckload carrier XPO appears to have maintained the market share gains it acquired following Yellow’s closure in July.

Freight markets showed some signs of exiting a recession in August.

A hedge fund with a stake in Yellow Corp.’s debt and equity is looking for more influence as the bankrupt company begins to unwind assets.

ArcBest said Monday that shipments from its primary less-than-truckload customers have increased 20% since June.

Knight-Swift Transportation announced late Friday that its top two executives have taken a reduction in base pay amid other cost-cutting measures at the company.

Expedited delivery provider Priority Courier Experts received a strategic investment from private equity firm Trident.

Bulk hauler Trimac said Wednesday it acquired Doyle Sims & Sons Trucking.

H.I.G. Capital announced it has entered an agreement to acquire expedited air and ground logistics provider Ascent Global Logistics.

Forward’s plan to acquire a large forwarder has stakeholders concerned.

A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals.

Two former Yellow Logistics employees have opened a new brokerage office at Radiant Logistics.

Yellow Corp. told a judge Thursday that it has selected bankruptcy financing lenders and that Estes Express Lines has entered a $1.3 billion stalking horse bid for its terminals.

Apollo Global Management sold a $485 million loan to Yellow Corp. and has withdrawn its proposal for bankruptcy financing.

Less-than-truckload carrier Saia sees freight surge in the first two weeks of August.

Werner Enterprises’ CEO said Tuesday that the worst of the cycle is in the rearview and that he will remember which shippers stood by the company during the recent freight recession.

Shipment declines accelerated in July while total freight spend remained under pressure.

An attorney for Yellow Corp. said Friday he’s hopeful to have in place by early next week a bankruptcy financing deal superior to what the company was previously offered.

Forward Air announced Thursday it will merge with asset-light logistics peer Omni Logistics.

Yellow Corp. may get better terms on a bankruptcy loan than it had going into the Sunday filing.

Yellow Corp. released second-quarter financials Wednesday following a bankruptcy petition earlier in the week.

Less-than-truckload carrier CrossCountry Freight Solutions announced Tuesday it has closed on the acquisition of Express 2000 Transportation.

Less-than-truckload carrier Yellow Corp. on Sunday filed for bankruptcy, putting to end the 99-year-old trucking firm.

Less-than-truckload carrier XPO said it would add capacity to meet the increased demand created by Yellow’s departure.

Less-than-truckload carrier XPO saw shipments and tonnage surge in July as a competitor shut down.

Werner Enterprises reported an earnings miss for the second quarter on Thursday after the market closed.

Multimodal provider Schneider National reeled in its 2023 earnings outlook by roughly 13% on Thursday.

Less-than-truckload provider Forward Air missed second-quarter earnings expectations but management noted it’s seeing a lift from Yellow’s shutdown.

A Yellow employee has filed a class-action lawsuit over the company’s failure to provide advance notices of mass layoffs.

Employees at Yellow Logistics were terminated Tuesday.

Schneider National announced it has acquired Massachusetts-based M&M Transport Services.

Transportation prices fell sharply again in July, but the rate of decline is slowing.

Less-than-truckload carrier Yellow Corp. is reported to be close to a deal with one of its current lenders to obtain debtor-in-possession financing to facilitate a bankruptcy.

Truckload carrier Heartland Express reported worse-than-expected second-quarter results on Monday.

Less-than-truckload carrier Yellow Corp. closed the gates Sunday and ceased all operations.

Canada-based transportation provider Titanium Transportation announced Monday the acquisition of Georgia-based truckload carrier Crane Transport.

The Teamsters union said late Sunday it received a legal notice that Yellow Corp. will be filing bankruptcy.

Less-than-truckload carrier Yellow Corp. closed its gates at 12 p.m. Sunday.

ArcBest reported an earnings miss Friday but that may not matter as its less-than-truckload unit is quickly taking on volume as a competitor winds down.

On Thursday, Yellow Corp. said it is seeking a buyer for its logistics business and the union said negotiations have been fruitless.

Truck broker Landstar issued worse-than-expected third-quarter guidance Thursday and said most metrics are still underperforming normal seasonal trends.

Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any.

A letter from the Teamsters negotiating committee on Tuesday showed it has been unable to come to terms with less-than-truckload carrier Yellow Corp.

PS Logistics said Tuesday it has acquired Jacksonville, Florida-based truckload carrier and broker Rinaudo Enterprises.

Logistics real estate operator Link Logistics upgrades its portfolio in the second quarter, booking a 52% increase in leasing spreads.

Stock analysts size up less-than-truckload market dynamics following weeks of turmoil at carrier Yellow Corp.