Forward Air-Omni merger dustup heads to trial Friday
A Delaware court will determine if Forward Air is required to close on a merger with Omni Logistics, or if Omni breached the deal agreement as alleged.
A Delaware court will determine if Forward Air is required to close on a merger with Omni Logistics, or if Omni breached the deal agreement as alleged.
Supply chain software providers Manhattan Associates, Blue Yonder and AWS Supply Chain used the National Retail Federation’s annual meeting to tout new offerings and discuss recent challenges.
Lawmakers are told that criminals are registering as fake trucking companies with FMCSA.
WWL Vehicle Services Americas is closing a Houston logistics operation and moving to Freeport, Texas.
PS Logistics announced its second deal of the year, acquiring the flatbed operation of North Carolina-based ELS.
The Haslam family has exercised its option to have Berkshire Hathaway buy the final 20% of Pilot Travel Centers it did not already own.
Canadian authorities shut down two trucking companies in the Vancouver area that are tied to recent highway collisions.
Equities analysts have trimmed fourth-quarter truckload estimates again after the industry limped through the final days of the year.
Warehouse operator Prologis reported in-line fourth-quarter results and full-year 2024 guidance.
ITS Logistics is entering this digital arena with its container management and visibility platform ContainerAI.
Daimler Truck managed a 1% gain in global sales in 2023, less than expected as supply chain issues still haunted the leading OEM.
December data from Cass Information Systems shows further rate stabilization, albeit at depressed levels.
This week in Borderlands: Mexico top US trade partner in November, Laredo No. 1 gateway; PSC Group acquires rail terminal in South Texas; automotive firm inaugurates $55 million expansion in Mexico; and CBP seizes $5M worth of cocaine at Texas border crossing.
FMCSA is providing a rare glimpse into documents it will consider in formulating a significant safety rule.
Daimler Truck named Eva Scherer as chief financial officer to succeed Jochen Goetz, who died from a reaction to a wasp sting in August.
Yellow’s estate is roughly halfway through the liquidation of more than 300 terminals, a court order showed Friday.
Strategic theft is particularly insidious because it often involves fraudsters manipulating the very tools that companies implemented in order to make their supply chains more efficient.
The Teamsters had a good few months at the end of 2023 in their organizing efforts, racking up several victories.
Freight brokerage Coyote Logistics has slashed an unspecified number of jobs in its sales and operations divisions.
The New Year could see potential rate increases due to several factors. Here are some strategies you need to keep in mind.
TruBlu Logistics is divesting its private long-haul fleet and will transition cross-dock shuttle operations to another company, affecting over 600 trucking jobs.
Hydrogen was a big topic through the mobility and transportation space at the Consumer Electronics Show in Las Vegas.
GXO Logistics is closing a Memphis distribution facility and laying off 211 workers.
Florida International University College of Business’s Dr. Patrucco teaches novel approaches to buyer-supplier relationships.
Ree Automotive’s Class 5 delivery van is the first to eliminate mechanical linkages for steering, braking and driving.
Werner Enterprises said Wednesday that Nathan Meisgeier, its chief legal officer, has also assumed the role of president of the company.
Despite often being more dangerous in nature, cargo-related crimes in Mexico receive a fraction of the attention that is afforded to similar issues happening in the U.S. and Canada.
Ryder has opened a major distribution center in Indiana for printing giant Lexmark, which has manufacturing sites in the U.S. and Mexico.
New CEO must reverse long-term stagnation in shareholder value.
The final Department of Labor rule on independent contractors was mostly unchanged but with some small wins for the trucking industry.
PS Logistics’ latest acquisition adds several hundred trucks to its Southeast operations.
Seattle-based logistics startup Flexe is laying off 99 workers, its third round of layoffs in two years.
A California-based third-party logistics company, which had 34 power units and 33 drivers, filed for bankruptcy liquidation on Thursday.
A decision by the U.S. Supreme Court not to review a case involving broker liability leaves that question unresolved among the circuit courts.
Berkshire Hathaway and the former owners of Pilot Travel Centers have settled their legal differences on the day trial was set to begin.
Private firm Longpoint acquires 25 commercial logistics warehouses in South Florida for $262 million.
Cummins Inc. will spend $580 million to upgrade a North Carolina plant to make fuel-agnostic small engines.
Morgan Stanley told investors on Monday that a rebound in freight demand may happen sooner than many are expecting as inventories need to be rebuilt.
Several Texas border cargo bridge projects could be fast-tracked after President Joe Biden signed a new law to speed up the permitting process.
Less-than-truckload carrier Pitt Ohio announced the expansion of its New England service on Monday.
FedEx Express faces more headwinds in its effort to improve profitability as the U.S. Postal Service prepares to drop air routes from contracted service.
This week in Borderlands: Cargo insurance can boost cross-border operators’ business; Ryder System leases logistics center near Dallas–Fort Worth; Paccar Inc. announces $50M investment in Mexico truck factory; and thefts from cargo trains in Mexico rose in September.
The conflict in the Middle East may have late-year implications for the domestic transportation market.
Thefts from a storage facility have raised concerns from a government watchdog agency as the Postal Service moves to electrify its delivery fleet.
The Fair Labor Standards Act can be applied to team drivers for some of the time spent in the sleeper berth, according to a federal court.
Nikola is finally putting its fuel cell electric truck in the hands of retail customers like Bill Hall of Coyote Container.
Nikola is finally putting its fuel cell electric truck in the hands of retail customers like Bill Hall of Coyote Container.
The monthly BLS report showed a relatively modest gain for truck transportation jobs but another decline in warehouses.
Freight brokers love to love Zyn, but the adoption of yet another way to ingest nicotine reveals a disturbing truth about capitalism.
Truckload carrier Prime is moving into the hopper business and took to YouTube to announce its expansion.
C.H. Robinson’s newly created office to support its strategic initiatives is a key step in CEO Dave Bozeman’s plan to revive the struggling brokerage giant.
The overcapacity of on-highway trucks would look worse without underlying support from Mexico and strong vocational demand.
Chattanooga, Tennessee-based 3PL Kenco announced Thursday it has acquired third-party warehousing services provider The Shippers Group.
CBP has reopened four Southwest ports of entry about one month after a migrant surge led to closures in Texas, Arizona and California.
FedEx Express wants to compensate for a surplus of pilots by lowering guaranteed pay and offering severance packages once a new labor contract is reached. Meanwhile, mechanics are agitating to unionize.
Relaxing CDL testing rules could get drivers on the road faster without risking safety, according to a training school group.
Universal Logistics Holdings announced a $50 million expansion in Virginia to boost its heavy-truck division.
Echo’s Frank Hurst spoke with FreightWaves about how the recent Roadtex acquisition has changed reefer LTL.
Electric trucks and charging infrastructure should advance this year without some of the growing pains that held them back in 2023.
The demise of Yellow Corp. dominated headlines after the carrier filed for bankruptcy protection in August. A lot of smaller carriers and brokerages also called it quits in 2023.
Kenworth Truck Co. has a new general manager while Kevin Baney has been promoted to an SVP role at parent company Paccar.
The Teamsters union doesn’t expect a major impact on employment levels from UPS’ closure of a Kentucky sort facility.
Canada-based carrier Chohan Freight Forwarders has been ordered to cease operations after multiple overpass collisions in two years.
The Logistics Managers’ Index report showed transportation metrics worsened again in December but noted recent inventory cuts could put the freight cycle back on track in 2024.
XPO’s Anthony Hoereth discussed the company’s strategic plan and investments that are driving a historic surge in LTL service levels.
This week in Borderlands: Lean Solutions Group making big moves in Mexico; China-based tire maker opening $240M facility in Mexico; Mexican authorities again postpone Carta Porte tax document; and new logistics park begins construction along Texas-Mexico border.
With the year coming to an end, columnist Bart De Muynck reflects on 2023 and the new year ahead.
A rule on warehouse emissions that the California Trucking Association viewed as like a zero-emission vehicle mandate has been upheld in court.
2023 brought two large truckload acquisitions, several less-than-truckload carriers picking through a bankrupt carrier’s assets and no resolution to a $3.2 billion merger attempt, among other transactions.
Counsel for Omni Logistics claims Forward Air’s CEO withheld requested notes from board meetings discussing plans to avoid a merger between the companies.
A man was arrested Wednesday in Houston after a police chase of his tractor-trailer ended in a confrontation with SWAT team members.
Waggon plans to add multiple new employees to its roster in 2024. Above all, it is important for these new hires to be curious and excited to learn.
California won’t enforce its rule that only zero-emission vehicles can be registered as drayage trucks after the start of 2024.
After truck parking and broker transparency grabbed headlines in 2023, experts see independent contractor status and truck emissions as top issues next year.
At this year’s Benesch conference, the panel on mergers and acquisitions focused on survival in a market where most valuations have plummeted.
Cargo thieves hijacked a $380,000 tequila shipment from Mexico that was headed to a North Carolina distributor.
New Class 8 truck deliveries have fallen for four consecutive months even as vocational equipment sales rise.
Despite what Reliance Partners CFO Thom Albrecht has dubbed a “brutal winter,” supply chain companies can look forward to renewed hope as the market begins to shift in the spring and summer.
Negative driving behaviors — including speeding, rapid acceleration and harsh braking — can have a serious impact on fuel economy and, ultimately, a carrier’s bottom line.
Truck Parking Club is actively seeking businesses and property owners with extra space suitable for truck parking across the United States.
Trade between the U.S. and Mexico is forecast to continue to expand in 2024, boosted by nearshoring and increased Mexican exports.
Nikola CEO Steve Girsky knows the challenges the electric truck maker faces but points to 2024 as the company’s best year.
The California Clean Truck Check registration deadline has been extended to Jan. 31.
Joining a network of industry professionals provides a tangible sense of security in today’s market. This is especially true in the billing and payment space.
Cart.com recently secured $30 million in venture capital aimed at boosting the e-commerce startup’s balance sheet.
We take a look back at some of the FreightWaves stories that captured your attention this year.
This week in Borderlands: Exports of Mexican-built cargo trucks fell in November; Rotor Clip opens global distribution center in Texas; Chinese automotive supplier completes $30M expansion in Mexico; and border officials seize $10M worth of narcotics in jalapeno paste.
Labor peace was won at what will be higher costs for shippers and carriers.
TFI International entered an agreement to acquire flatbed carrier Daseke and said it’s exploring a spinoff of its truckload business.
It’s been a month since Sarah Schultz last saw her truck driver husband, David. “Any scenario you could run through your head is probably a possibility,” the Sac County sheriff said.
Vivek Ramaswamy, a Republican presidential candidate, wants to address truck driver retention, broker fraud and parking.
C.H. Robinson has begun a search to replace Mike Zechmeister, who will remain until a successor is named, or no later than May 31, 2024.
FedEx says it is confident that it has maintained the parcel volumes that moved from UPS.
A lawsuit challenging the waiver granted by the EPA to California for its Advanced Clean Trucks rule will be delayed.
C.H. Robinson President and CEO David Bozeman says he’s surprised that so much truck capacity remains this late in the cycle.
There’s a new nuclear verdict against a trucking company and it comes out of a case in Georgia.
A Delaware bankruptcy court filing on Wednesday showed the results from a second auction of Yellow’s service centers.
Forward Air said Wednesday it sold its final-mile business, but it provided no update on the status of a merger with Omni Logistics.
Nikola will send its fuel cell electric vehicles to FirstElement Fuel hydrogen stations in California, a partial fueling supply solution.
The United States imported over $4 billion worth of imports of Christmas decorations in 2022, with most coming from China, Vietnam and Mexico.