R&R Express announced Wednesday it has acquired Denver-based carrier Load to Ride.
Los costos de flete caen un 10% interanual gracias a la elevada competencia
A report from Cass Information Systems suggests the current softness in freight markets is likely to hang around for “several more months.”
Estes Forwarding Worldwide announced it has acquired trade show logistics provider Legacy Logistics.
El transportador se vende a un plan de acciones para empleados
Trucking company Rapid Response has been sold to its employees, investment banking firm ButcherJoseph announced Friday.
After culling underperforming freight for the better part of two years, less-than-truckload carrier Yellow sees volumes inflect positively.
Less-than-truckload carrier XPO said it added 30-year industry veteran Wes Frye to its board as it pursues a six-year financial improvement plan.
Forward Air said Tuesday that low-teens tonnage declines over the past few months have calmed in early March.
El Índice de Gestores Logísticos registra la caída de precios más rápida en 6,5 años
Transportation rates fell at the fastest-ever pace recorded in February, according to a monthly supply chain survey.
Transportation and logistics provider Sage Logistics Holdings said it has entered an agreement to acquire Byland Transportation.
ArcBest’s first-quarter update bucks the less-than-truckload industry trend as tonnage increases and yields moderate.
Less-than-truckload carrier Old Dominion sees volumes drop again in February but notes the worst of it may be behind them.
El cofundador y responsable tecnológico Jonathan Salama toma el timón
Freight broker Transfix announced its chief technology officer has been appointed CEO effective immediately.
Less-than-truckload carrier Saia reported January and February tonnage declines that were in line with fourth-quarter declines when adjusting for weather.
Japanese air and ocean forwarder Yusen Logistics said it has increased its U.S. contract logistics offering with the acquisition of Taylored Services.
Supply chain software provider Descartes sees retailers refilling shelves as 2023 progresses.
ArcBest said Wednesday it has launched freight movement technology, allowing the contents of an entire trailer to be unloaded at once.
ArcBest said Tuesday it has further simplified its business model by selling emergency roadside and maintenance services provider FleetNet America.
Less-than-truckload carrier Saia announced it has added more next-day lanes to its network.
Werner Enterprises announced Thursday that Christopher Wikoff will succeed John Steele as the company’s chief financial officer.
Fillogic CEO Bill Thayer chats middle mile and reverse logistics at FreightWaves’ Global Supply Chain Week.
New York Shipping Exchange head Gordon Downes talks about the ocean shipping market at FreightWaves’ Global Supply Chain Week.
TFI International said Tuesday it acquired asset-light intermodal provider Axsun.
The Teamsters union says it wants more details before agreeing to any of less-than-truckload carrier Yellow’s operational changes.
Supply chain software provider Descartes announced Tuesday the acquisition of final-mile tech platform GroundCloud.
A Tuesday report from Cass Information Systems showed freight shipments in January were flat with December on a seasonally adjusted basis.
Carrier Pam Transportation saw margin pressure in the fourth quarter as peak season didn’t materialize.
Less-than-truckload carrier Pitt Ohio announced a minority investment in national final-mile platform Aria Logistics.
Los jefes de los Teamsters prometen “luchar como locos” contra los acuerdos de ABF y TForce
The Teamsters union promises a fight heading into contract renewals with less-than-truckload carriers.
AskWaves looks at what shippers, carriers, 3PLs and receivers can do to improve less-than-truckload transportation in the grocery space.
Radiant Logistics pushed back financial filings once again as it works to correct inaccurate timing of revenue and expenses in prior periods.
Less-than-truckload carrier Yellow reported another large decline in volume leading to a fourth-quarter loss.
Los analistas cuestionan la estrategia de rentabilidad a toda costa
XPO’s growth strategy includes a wider net for capturing volume, but the less-than-truckload carrier is adamant it will remain price disciplined.
XPO takes share in the fourth quarter, posting adjusted earnings ahead of consensus.
Echo Global Logistics said it has hired former Roadrunner president Frank Hurst and XPO operations vice president Phil Resendiz to lead its less-than-truckload efforts.
Management from Werner Enterprises parses through 2023 expectations on a Tuesday evening call with analysts.
Less-than-truckload carrier Yellow filed revised notifications with the Teamsters seeking more subdued changes to operations after receiving pushback from the union.
A monthly survey of supply chain executives released Tuesday revealed signals that transportation markets could be poised for a recovery.
Daseke said Monday that supply constraints and cost inflation will again push flatbed rates to new highs in 2025.
Truckload carrier Heartland Express missed fourth-quarter expectations Friday.
ArcBest’s fourth-quarter was worse than expected as the carrier manages through the downside of the less-than-truckload cycle.
Jones Logistics said Thursday it has acquired dedicated carrier Nationwide Express.
Schneider National provided better-than-expected fourth-quarter results Thursday, and its 2023 guidance also came in ahead of analysts’ expectations.
Freight broker Landstar System sees a rocky road in the first half of 2023, with normal seasonality returning by summer.
Amid falling tonnage throughout the less-than-truckload complex, Old Dominion posts another large earnings beat.
Less-than-truckload carrier Old Dominion moved forward with a long-term succession plan Tuesday, announcing that its chief operating officer will replace its CEO in July.
El director de operaciones Marty Freeman sucederá a Greg Gantt
Logistics warehouse operator Link Logistics reports high occupancy and rents during the fourth quarter.
Less-than-truckload carrier Saia implements a 6.5% general rate to offset cost inflation and advance network investment.
Container drayage TMS provider PortPro said it raised $12 million to expand tech capabilities on its platform.
Knight-Swift Transportation’s 2023 outlook comes in as expected, potentially establishing a higher earnings trough for the carrier.
La degradación de las ganancias por acción (EPS) se contendrá probablemente entre el 25% y el 30% en esta recesión
Covenant Logistics Group is hopeful this cycle won’t bring a material earnings decline, which was the norm in prior downturns.
Covenant Logistics Group missed fourth-quarter expectations even when excluding expenses incurred onboarding equipment.
FitzMark announced Wednesday it has completed its seventh acquisition in the last four years.
Temperature-controlled carrier R.E. Garrison Trucking announced it has acquired produce hauler Boaty’s Transport.
Less-than-truckload carrier Pitt Ohio announced it has sped up service on numerous lanes in and out of the state of New York.
Prologis says warehouse rents will step higher again in 2023.
Prologis afirma que la previsión de crecimiento del 10% de los alquileres en EE.UU. podría ser conservadora
Management from J.B. Hunt sees the potential for a rebound in freight markets by the back half of 2023.
J.B. Hunt recorded a huge headline miss in the fourth quarter. However, excluding what may be a nonrecurring claims expense, the result was more subdued.
Bank of America analyst Ken Hoexter now has a buy rating on most of the truckload carriers he follows.
XPO announced Tuesday it has hired Wall Street analyst Ali Faghri to head its strategy initiatives.
Schneider y Werner reciben una subida de calificación de dos escalones a “comprar”
Shippers are seeing relief in freight costs for the first time in more than two years, according to the December Cass Freight Index.
Estes Express Lines announced Tuesday that Webb Estes has been named president and chief operating officer.
Morgan Stanley said trucking fundamentals could be “bottoming” in a Monday note to clients while Susquehanna called it quits on several stocks.
Morgan Stanley ve “signos de tocar fondo”; Susquehanna se mantiene al margen
AskWaves looks at how recent changes requiring disclosure of supply chain finance programs could impact shippers.
NOVA Infrastructure has announced it added another port drayage provider serving the Port of Charleston to its portfolio.
Less-than-truckload provider Roadrunner has announced its “biggest-ever transit improvements.”
Forward Air announced it will buy fellow expedited less-than-truckload provider Land Air Express in a $56.5 million transaction.
El Índice de Gestores Logísticos, que cumple 6 años, registra la “mayor tasa de contracción” de la historia
Transportation prices fell at the fastest pace on record, according to the December Logistics Managers’ Index.
Deal flow slowed in 2022, but there were still a number of transactions that changed trucking’s landscape during the year.
Recapitulación de las transacciones más impactantes del año
Cox Transportation announced Wednesday the acquisition of Outwest Express and its fleet of more than 400 tractors and 1,200 trailers.
Estes Forwarding Worldwide and project44 have developed a rating API that provides expedited quotes for LTL shippers.
Ambiciones inalteradas mientras la compañía pasa de ser una empresa pura a ser “predominantemente una empresa norteamericana de LTL”.
Lazer Logistics said Tuesday it has acquired the yard shuttling operations from Colorado-based Preferred Cartage Trucking Services.
Even though the final piece of XPO’s breakup has been put on hold, the company’s bullish growth ambitions for less-than-truckload have not changed.
Less-than-truckload carriers are hopeful a recent round of general rate increases stick on the downside of the cycle.
The Reshoring Institute’s Rosemary Coates discusses how companies are navigating supply chain risks by bringing manufacturing home.
El transportador planea modificar y volver a presentar rápidamente el cambio de operaciones
Cass data released Tuesday showed shipments have moderated and rates are poised to start unwinding two years of increases in January.
Yellow Corp. will modify and refile proposed network changes after meeting with local unions.
ArcBest announced CFO David Cobb will retire in October 2023.
Yellow is seeing large tonnage declines continue as the fourth quarter advances.
Asset-light less-than-truckload provider Forward Air sees tonnage fall off sharply in November.
Descartes said demand for supply chain visibility tools remains strong amid uncertainty in the broader economy.
ContainerPort Group’s parent World Group announced the acquisition of distribution and trucking company Pacific Cascade.
El LMI general registra el segundo nivel más bajo de los últimos 6 años
The November Logistics Managers’ Index showed transportation capacity was up again with pricing contracting at the fastest rate on record.
Less-than-truckload tonnage declined at an accelerated pace through November.
XPO announced it will retain its European business as capital markets abroad have weakened.