The deceleration in less-than-truckload tonnage during the fourth quarter is worse than analysts expected.
Bluejay Capital Partners has acquired Atlanta-based 3PL Best Warehousing and Transportation for an undisclosed amount.
AskWaves: “No debería seguir habiendo un solo cubo de normas reactivas en un PDF
AskWaves looks at how carriers are better communicating rules tariffs to customers.
XPO becomes the latest less-than-truckload carrier to announce voluntary furloughs.
XPO es el último en ofrecer despidos voluntarios
Hub Group, a full-service transportation and logistics provider, detailed leadership changes on Thursday.
Management from one of the nation’s largest truck brokerages is ready to take on the industry alone.
Less-than-truckload demand has taken another step lower, according to carriers attending the Stephens investor conference.
Hablemos por un momento del elefante en la habitación: nuestro tonelaje de octubre”, se lamenta el director general de Yellow
Cass said Monday that positive trends in freight shipments and expenditures are likely to turn negative year over year in December.
Flatbed trucking company Daseke announced Monday it is repurchasing the nearly 30% stake in the company held by its founder.
Los responsables de las empresas de transporte hablan de los próximos meses en la conferencia de inversionistas de Baird
PS Logistics said Thursday its fifth acquisition of the year will expand coverage in the Southeast.
Radiant Logistics said Wednesday it needed more time to complete a restatement of financials and submit results to the SEC.
Trucking executives are hopeful the first half of 2023 brings a cycle recovery.
Flatbed hauler Daseke said its trucks remain “booked solid” and that it will look to use cost and efficiency initiatives to improve results again in 2023.
Forward Air said Monday it has entered into an agreement to acquire an intermodal drayage provider with locations in Mobile, Alabama, and Memphis, Tennessee.
El corredor de Tampa, Florida, generó 372 millones de dólares de ingresos en el último año.
Werner Enterprises announced the acquisition of freight broker ReedTMS Logistics for $112.4 million. The deal also included a small dedicated carrier.
Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.
Logistics real estate operator Link Logistics said “broad-based demand” further narrowed vacancy rates and produced record lease spreads in the third quarter.
Werner Enterprises has built a model to perform on the downside of the cycle. Management believes the carrier may be better positioned to do so than in the past.
Less-than-truckload carrier Yellow Corp. navigates second year of volume declines amid network overhaul.
Heartland Express said recent fleet acquisitions will take three years to match the level of its legacy operations.
Transportation capacity grew during October at the fastest pace captured in the history of a 6-year-old data set.
Los transportadores dicen que la demanda de la temporada alta, los proyectos de carga, “nada de eso se materializó
XPO announced Tuesday that it has spun off brokerage unit RXO, which is now a separately traded company.
IML: “Ni siquiera durante la recesión del transporte de mercancías de 2019 observamos que la capacidad se pusiera en marcha tan rápidamente
ArcBest beats expectations in a noisy third quarter. Tonnage declines and cost inflation during the fourth quarter will put the model to the test.
Truckload carriers prepare for the other side of the freight boom.
Less-than-truckload carrier Saia slightly missed third-quarter expectations and noted volumes softened as the quarter progressed.
XPO Logistics’ third-quarter results were at the high end of preannounced ranges. The fourth-quarter outlook calls for continued growth but with some cost pressures.
Ruan announced the acquisition of Michigan-based regional carrier NTB on Friday.
Schneider National beat expectations for the third quarter but pulled in guidance as peak season is likely to be “muted.”
Forward Air highlights several growth opportunities that will push results higher again in 2023 even if the economy slows further.
Old Dominion said Wednesday that it’s likely more than half way through this volume downturn.
Grammer Logistics said Monday it has acquired Logistics Management Resources, a 3PL serving the chemicals and industrial gases industries.
Truckload carrier P.A.M. Transportation Services reported better-than-expected third-quarter results on Thursday after the market closed.
Broker Landstar System reported another strong performance in the third quarter. However, the company now comps to the peak of the freight boom.
Knight-Swift Transportation missed analysts’ forecasts for the third quarter and dialed down expectations over the near term.
Logistics warehouse operator Prologis lowered expectations for 2022 but remains confident that any macro-induced decline in fundamentals won’t keep rents from growing again next year.
Prologis posted record results during the third quarter but reeled in guidance given “an uncertain economic backdrop.”
J.B. Hunt Transport Services beat third-quarter expectations Tuesday but said that cooling freight demand will place greater scrutiny on cost control moving forward.
J.B. Hunt Transport Services beats third-quarter expectations on improved intermodal and dedicated results.
‘La temporada alta de este año no parece ser un gran evento’
XPO Logistics issued long-term financial targets for its less-than-truckload segment and its brokerage unit, which will be spun off next month.
Cass data was positive year over year in September but the report suggests the trend is set to reverse.
La ralentización de las importaciones y el aumento de los inventarios pasan factura a las previsiones de BPA para 2023
Freight broker Transfix announced it has terminated plans to go public. Instead, it will seek private funding from current investors.
While earnings estimates remain largely intact for 2022, a September slowdown pushed analysts to take another look at 2023 forecasts.
Kenan Advantage Group (KAG) subsidiary KAG Logistics (KAGL) announced Wednesday the acquisition of Canadian 3PL Connectrans Logistics. Financial terms of the transaction were not provided. Based in the Toronto area, […]
Canadian carrier Bison Transport announced Wednesday it will be acquiring Pottle’s Transportation on Oct. 31. Financial terms of the transaction were not provided. Hermon, Maine-based Pottle’s operates a truckload fleet […]
A highly regarded survey of less-than-truckload shippers showed Peninsula Truck Lines was the top overall provider based on value and loyalty.
Bay and Bay sells its tank transportation business to the largest food-grade hauler in the U.S.
TA Services announced that it has acquired California-based broker KPI Logistics.
XPO Logistics announced the spinoff of its brokerage unit has been blessed by its board with share distribution scheduled for Nov 1.
NFI Industries acquires container drayage and warehousing provider MCO Transport.
AskWaves looks at some of the challenges in the long-haul segment of an LTL network.
Radiant Logistics announced Wednesday it has acquired a strategic operating partner in Minnesota.
Radiant Logistics will restate financial results for 2021 and the first three quarters of 2022, according to a filing with the Securities and Exchange Commission.
La preocupación por la temporada alta aumenta a medida que las condiciones se deterioran a lo largo del mes
Transportation capacity increased for a sixth consecutive month in September with prices falling for a third straight time, according to data released Tuesday. The Logistics Managers’ Index (LMI), which is […]
J.B. Hunt Transport Services said Monday it has expanded its transloading capabilities to include Seattle and Laredo, Texas.
Werner Enterprises announced its third acquisition since last summer on Monday, adding Baylor Trucking to its one-way operation at an undisclosed price.
Flatbed carrier Daseke said Friday it would repurchase $40 million in stock, following an April request from an activist investor to do so.
Logistics real estate operator Prologis said Wednesday that its planned acquisition of Duke Realty has received shareholder approval.
Patriot Rail Company announced it is acquiring fellow short-line operator Delta Southern Railroad.
XPO Logistics announces board members for RXO, its brokerage unit that will be spun off in the fourth quarter.
Supply chain disruptions and higher inventory costs have industry participants looking to stretch working capital more frequently.
Daseke announced Friday a transition at the CFO position and that it expects to achieve its previously announced 2022 financial targets.
Western U.S. truckload carrier Super T Transport announced it has been sold to Austrian transportation and logistics provider Berger Logistik.
USA Truck said Thursday it has been sold to German 3PL DB Schenker.
Cass data shows freight volumes reached a more than four-year high in August. But linehaul rates slid for the third straight month.
Less-than-truckload carrier Yellow Corp. sees tonnage fall by mid-teen percentages in the first two months of the third quarter as it implements the first phase of its restructuring.
Less-than-truckload provider Forward Air continues to register notable revenue growth more than one year into freight swap.
Management teams from a couple of the nation’s largest fleets share their thoughts on peak season and rates during an investor conference.
More signs of slowing in the less-than-truckload industry appeared Thursday when ArcBest provided a third-quarter update.
XPO Logistics announced that Jamie Harris will become the CFO of freight broker RXO following a planned separation in the fourth quarter.
Raquel Urtasun, founder and CEO at Waabi, talks about changing the way the industry tests self-driving capabilities.
Third-quarter updates from less-than-truckload carriers highlight a freight market that continues to slow.
As the freight cycle shifts to a lower gear, deal flow throughout the industry remains hot.
Supply chain data released Tuesday showed further loosening in transportation capacity while warehousing metrics tightened further.
Lineage Logistics announced the expansion of its European transportation and distribution network through acquisition Thursday.
Grammer Logistics said Wednesday it has appointed industry veteran Scott Dobak to head the company.
RoadOne IntermodaLogistics announces its fourth acquisition in the past year.
Transportation insurance broker Reliance Partners announces a recapitalization with plans to reach $1 billion in written premiums in the next three years.
The Federal Motor Carrier Safety Administration issues a temporary exemption to hours-of-service rules for the states affected by BP’s refinery shutdown.
AskWaves takes a look at managed transportation services in the less-than-truckload market.
RoadOne IntermodaLogistics announced the acquisition of Oakland, California-based R&A Trucking.
Vende tractores y traslada a los conductores a la filial PS Logistics
Colonial Freight Systems confirms it will shutdown operations at the end of the month.
PS Logistics has acquired transportation assets from Phoenix Leasing of Tennessee and its sister company Colonial Freight Systems.
Truckload carrier Heartland Express will take on another difficult turnaround in CFI, which it acquired from TFI International for $525 million.
Se espera que el acuerdo cree la octava mayor flota de camiones de Estados Unidos
Heartland Express announced Monday the acquisition of CFI’s non-dedicated dry van and temperature-controlled fleet in the U.S. and its logistics operation in Mexico.
Middle-market private equity firm Red Arts Capital announces its latest investment in the supply chain.
La dirección reconoce en la conferencia de inversores que un mejor servicio ferroviario podría estar “a meses vista
Management from J.B. Hunt Transport Services doubles down on long-term growth initiatives in its intermodal unit.
X Delivery’s Mark Lavelle chats customer expectations for e-commerce costs at FreightWaves’ Supply Chain Meets FinTech event on Wednesday.