TFI raises $219 million in share offering
TFI International raised nearly $219 million in a share offering. It puts the transportation and logistics company in a stronger position to pursue acquisitions in the U.S. and Canad
TFI International raised nearly $219 million in a share offering. It puts the transportation and logistics company in a stronger position to pursue acquisitions in the U.S. and Canad
Roadrunner fully exits truckload business and announces financial improvement. The company adds former Celadon CEO to the board.
JD.com gets controlling stake in Chinese express transport firm Kuayue Express.
“The government is going to insist on more regulations and more demands for temperature moderating systems,” said Tim Shasserre, president of Cooling Concepts.
Jack Mahoney will take over for the retiring Guy Stephenson.
Purchase is biggest non-asset acquisition in company history
Spending most of 2014 living out of an Airstream trailer allowed NATSO CEO Lisa Mullings to meet truck stop and travel plaza owners in 49 states “on their turf,” enriching her understanding of what mattered most to members of the trade group she has led since 2004.
Oklahoma institution Barrett Trailers rises again as owners of a Texas livestock-hauling company and trailer dealership buy the company from Stoughton Trailers and rehire workers laid off during pandemic.
Navistar picks Detroit suburb near major electrification suppliers to locate its NEXT eMobility business unit as it prepares to make its first battery-electric trucks and school buses.
Mullen presided over rollouts of HOS, Drug/Alcohol Clearinghouse.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Home Depot logistics center sells for $247M; $4.3 million in fake […]
Miko Squire says he was fired when co-workers learned he was transgender.
Drivers were advised to consult live update map for route information.
CVSA has rescheduled its annual International Roadcheck for Sept. 9-11. The 72-hour safety blitz will focus on driver requirements.
In today’s edition of The Daily Dash, truck drivers with violations in the Drug and Alcohol Clearinghouse are not in a hurry to return to work based on FMCSA data. Plus, Amazon is delivering record numbers of its own packages, broker margins climb, and spot rates could near historic levels.
Carrier momentum continues.
USPS plans to raise parcel rates for high-volume commercial accounts.
Deal is the first third-party agreement for the load matching capabilities of the product for the bulk commodity trucking sector
Tracxn names FreightWaves as one of “Emerging Startups of Data as a Service.”
The closures of the U.S. land borders with Mexico and Canada for non-essential travel will extend through Sept. 21 to limit the spread of COVID-19.
Phased reopenings are contributing to an uptick in business for foodservice providers. This comes alongside plant-based dairy and protein manufacturers’ push to grow internationally.
Fallout could include difficulty seating trucks.
In today’s edition of The Daily Dash, concerns are raised about Mexican truck operations, drone delivery technology advances and Anheuser-Busch is making a switch to natural gas.
Amazon.com delivered two-thirds of its parcels last month, an all-time high.
Tech startup Axle Payments helps freight brokers manage their cash flow.
Shipments and size of invoices dropped but broker margins rose despite that
Amazon.com will build a 1 million-square-foot fulfillment center 20 miles east of Dallas.
Amazon is cutting ties with more last-mile delivery companies, resulting in the layoffs of more than 1,700 drivers
Anyone can be the target of an employment-related lawsuit; don’t think that because your motor carrier is small or lacks a formal office that the need for insurance diminishes.
FreightWaves’ Mark Solomon, who has been covering the service for years, gives his take on the latest crisis.
A new report commissioned by Prologis reveals the company’s logistics warehouse footprint encompasses $2.2 trillion of goods annually. Logistics real estate demand continues to see green shoots.
Kenworth is retiring its off-highway severe-service K500 cabover model after 14 years and just 283 units – all of them exports.
U.S. Customs and Border Protection officers seize $8 million of marijuana from a commercial shipment at the Canadian border in the latest major drug bust at the Peace Bridge crossing in Buffalo.
Cargo Chief has added new functionality for brokers using its C4 platform, allowing them to identify potential load opportunities.
Many shippers have encountered fulfillment issues and transportation breakdowns as consumer demand for their products surged.
The U.S. Postal Service doesn’t move the mail by itself. It relies on many transportation and logistics contractors. Cargo Forceis expanding operations to assist with express mail that is transported from airport-to-airport by another contractor – FedEx.
OOIDA and Teamsters officials are concerned about violations of cabotage regulations that restrict Mexican trucking companies from making point-to-point deliveries within the United States.
In today’s edition of The Daily Dash, a group has studied mileage-based user fees and found some unexpected results, plus more HOS exemptions and a better way to price insurance.
Workhorse Group is perfecting technology for its HorseFly truck-mounted drone that could distinguish it from last-mile delivery competitors.
U.S. Customs and Border Protection seized almost 600 packages of methamphetamine and 14,880 pounds of marijuana at the Otay Mesa border crossing.
The country’s largest brewer is transitioning more than 180 trucks in its Houston and St. Louis fleets to renewable natural gas to help reduce its carbon footprint.
Truckers are receiving fake text messages, purportedly from the Canadian government, instructing them to self-isolate after entering the country.
Love’s is paying for its factoring customers to use the AscendTMS for one year in a new benefit.
Uber and Lyft lose court case
3PLs struggle to gain foothold in final mile, keeping them e-commerce outsiders.
Emergency exemption for all of U.S. extended through September 14.
Rentals allow companies to expand their fleet in order to capitalize on short-term opportunities.
J.B. Hunt Transport got first dibs on a Freightliner heavy-duty eCascadia in an expanded customer outreach that Daimler Trucks North America hopes will amp fleet interest in when it begins taking orders in late 2021.
Imports of auto parts, passenger cars and commercial trucks into Texas ports declined 23% through the first six months of the year.
In today’s edition of The Daily Dash, Amazon is looking at how it might utilize mall space and Convoy unveils some big deals for carriers. Plus, a major deal between Covenant and Triumph hits a wall.
As more companies shift long-term to remote work, the security and accessibility to data among employees creates a logistical issue if current systems are not up to the task.
Titanium Transportation Group increased profits and continued to aggressively pay down debt even though revenues fell by almost 10% as the Canadian firm navigated the impacts of COVID-19.
TFI International announces share offering that could raise more than $200 million and give the Canadian firm additional firepower for more acquisitions.
“The upsurge of methamphetamine trafficking has become a serious international health and security threat,” said Laredo Port Director Andrew Douglas.
Fastfrate plans to build up U.S. to Canada cross-border business after acquiring small cross-border carrier Bestway, CEO says.
Fleet size down by 10%; cutback in other costs highlighted company’s performance.
Trucking fleets should educate themselves about the array of alternatives as the industry continues its inevitable transition away from diesel.
“Key differences” also found between ELDs and calculating mileage-based user fees.
Amazon.com will invest $400 million to build a massive distribution center on the site of the old Michigan state fair.
Navistar’s new CEO, Persio Lisboa, is streamlining his senior executive team to begin the truck maker’s post-Troy Clarke era.
Haultail democratizes visibility across last-mile networks, providing customers end-to-end transparency irrespective of the load in transit.
Around 55% of people in Mexico said they shop online to avoid leaving home during the pandemic, according to a new report.
Load factoring rates as low as 0% and fuel card savings of 63 cents per gallon are among the new benefits Convoy is offering trucking companies and owner-operators.
In today’s edition of The Daily Dash, trucking ponders its next move following President Trump’s payroll tax deferment order; Nikola receives a huge order; and a truck driver is sentenced for a crash that killed five.
Historically trucking fleets have invested in alternative fuel vehicles as a way to reduce the total cost of ownership, but environmental factors are now driving investment in zero- or near-zero-emission trucking technologies.
Fatigue may not play as much of a role in risky driving behaviors, but how long a commercial driver has been driving does, according to new research.
Mesa Airlines flies small regional jets on small routes for mainline carriers. Now it’s stepping up a size to the Boeing 737 so it can haul cargo for DHL. Find out how they are getting ready for the new era of cargo.
Total charges were more than $30 million as part of strategic shift
Sale of TFS hits a dispute over status of more than half the assets in the deal
Workhorse Group lost a lot of money on paper because new borrowing was tied to its exploding stock price. But it has the cash on hand to build electric trucks into 2022.
Diesel engine leader locks up engine supply agreement with Navistar through 2026.
Driver pleaded no contest to five counts of vehicular homicide, gets five consecutive one-year terms
President Trump signed an executive order deferring payroll taxes, but the money may have to be repaid at a later date, leaving companies wondering whether they should continue to withhold the tax or not.
The U.S. Postal Service said it has restored access to its online tracking system after an outage hit customers on Sunday.
PayCargo has become a force in the online payment of freight transportation bills and now offers coronavirus-impacted shippers and forwarders credit lines to smooth their cash flow.
Brannon Kuykendall and Mike Ellis are taking on new roles.
Republic Services places largest single order in refuse market history, justifying Nikola’s decision to build its cabover Tre model in the U.S. after European launch in 2021.
The focus on stock price gyrations in Nikola Corp. overlooks a major part of its business plan — making and selling hydrogen fuel for its trucks and anyone who wants it.
The U.S. Postal Service’s online tracking system went offline on Sunday. It came two days after USPS announced an organizational overhaul
Three suspects are charged with murder after the deadly shooting of an off-duty Mississippi state trooper who was moonlighting as a truck driver for USPS.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican auto production breaks out of a slump; Trump approves a new international rail bridge; a Mexican carrier acquires 25 new Scania trucks; and officers seize more than $2.4 million in cash at San Diego ports.
Prosecutors argued against Meek traveling in December, saying keeping the kids back in the U.S. wasn’t a “surety bond.”
The last mile. It’s the most critical—and the most challenging—part of today’s supply chain. From warehousing to tiered delivery options that include white glove delivery and integrated returns management, Ryder Last Mile delivers flexible solutions for big and bulky shipments, so you can focus on your core business.
In documents related to the case involving 16,000 drivers, Brooks suggests a bigger verdict or deal beyond the agreed-to $16.5 million might have tipped the truckload carrier into bankruptcy; PAM CFO rejects the suggestion.
Carriers in best position in years.
Peterbilt’s Denton, Texas, plant marks its 40th anniversary, evidence of the adage that everything is bigger in Texas — or grows to become that way.
Moroun to remain as chairman, cites new CEO’s acquisition experience as a plus
DeJoy affirms plenty of capacity for handling presidential election mail-in ballots.
UPS to impose a range of surcharges depending on volume.
After the revision of the June numbers, July preliminary trucking employment is less than where the market thought it was a month ago.
The combination of artificial intelligence and machine learning are allowing XPO’s brokerage operation to offer more visibility into pricing, capacity and tracking.
USPS chief DeJoy says agency is in “financially unsustainable position absent significant fundamental change.”
Process to put the two together involved numerous Koch-owned shippers, including Georgia-Pacific
Even as trucking jobs rose, rail jobs declined
As a former U.S. secretary of transportation and later White House Chief of Staff for President George W. Bush, Andy Card could have his pick of company directorships. He is joining hybrid-electric truck startup Hyliion Inc. when it goes public.
Atlanta-based FleetCor is a commercial fuel-card and business-payments systems provider. The company employs around 8,700 people and provides commercial card services in more than 100 countries.
Freight segment’s EBITDA improved slightly but still in the red
FHWA calls trucking parking a “major transportation safety problem.”
Lead times within electronics supply chains are increasing due to trade wars, COVID-19 and the lack of raw materials.
The meth seizure occurred at the cargo facility of the Pharr-Reynosa International Bridge in South Texas.