TA again rejects Arko bid, plans to proceed with acquisition by BP
TravelCenters of America has again rejected a takeover bid by convenience store operator Arko and plans to sell itself to BP.
TravelCenters of America has again rejected a takeover bid by convenience store operator Arko and plans to sell itself to BP.
Interstate Health’s CEO explains how addressing the needs of both truckers and travelers can make a highway care network work.
This week in Borderlands: RXO invests $30 million and expands its logistics operations in South Texas; the Mexican state of Nuevo Leon is investing $22 million to expand a border bridge; Packwell is set to build a resin logistics center at Port Houston; and RK Logistics Group opens a Texas distribution center.
The EPA granted California a waiver to implement its Advanced Clean Trucks rule, which puts zero-emission-vehicle mandates on OEMs.
There will be a lot of parcels to deliver if the Teamsters go on strike against UPS, but the Postal Service has proved its mettle before.
Most sectors, especially retail, are experiencing weakened demand and falling volumes. This is not the case for the automotive industry.
TuSimple plans driverless trucking on a commercial basis in Arizona next year – without a manufacturing partner.
“Our growth and potential were being hindered by manual processes and limited visibility into workflows,” US Cargo Brokers founder Adam Konopko said. “After adopting Ditat’s TMS, US Cargo experienced a complete transformation.”
Nikola Corp. wants to raise $100 million through a public stock offering. Dilution-fearing investors drove shares to an all-time low.
Yellow Corp. calls out Teamsters union officials for negotiating in bad faith and says it has the votes to push through its proposed operational changes.
The suit by the California Trucking Association and OOIDA against California’s AB5 independent contractor law will add an argument that succeeded elsewhere.
Regional parcel carrier GLS looks to build a detailed pricing matrix for short-haul deliveries.
toB wants to capture more of the fleet card market by focusing on trucking fleets, owner-operators, last-mile operators and auto rental companies.
Does your business distinguish the difference between policy and guidance? Reliance Partners’ Brian Runnels explains why it should.
Industry insiders are accusing some ELD vendors of exploiting flaws in the Federal Motor Carrier Safety Administration’s technical specifications to let trucking companies and their drivers skirt hours-of-service rules.
In the latest back-and-forth between Arko and TA, Arko cites a specific financing amount it can obtain, arguing its bid to acquire the truck stop operator is superior to BP’s.
A bicameral effort to expand parking for truckers builds on progress made in the previous session of Congress.
The California Air Resources Board is welcoming comments on its proposed Advanced Clean Fleet rule, which would move up the ZEV mandate from 2040 to 2036.
Most of the time, March brings some reprieve from the post-holiday demand slump. This year, consumers appear to be less apt to resume their normal spending habits.
Federal guidance from 2019 suggested driverless trucks could skip electronic logging devices. Will that hold up?
The NTSB found that an exemption allowing drivers potentially to use “unlimited” work hours was partially to blame for a 2021 truck crash that killed four people.
One analyst says there’s no reason for FedEx to be aggressive at this time. Another says the current pricing push is visible but it’s limited.
Carrier revenues hit an all-time high in 2022, according to an annual Pitney Bowes study.
Trucking’s top safety enforcer is considering changes to work rule recording devices with the goal of making them easier to use.
Are you Roadcheck ready? If not, now is the time to prepare. Tom Bray, J. J. Keller & Associates, Inc. senior business advisor, shares best practices.
TravelCenters of America has again rejected a bid by convenience store operator Arko, which revealed itself as the late bidder competing with BP.
Radiant Logistics said Monday it has completed a financial restatement process that resulted in very minor changes.
Nikola Chief Financial Officer Kim Brady retires as electric truck maker’s financials deteriorate and stock price hovers near all-time low.
Convenience store chain Arko has been identified as the previously unknown bidder for TravelCenters of America.
Pitney Bowes maintains it does not look to compete at scale with FedEx and UPS as alleged by Hestia Capital Partners.
The Teamsters union fires another shot at Yellow Corp. in a battle over proposed changes to operations.
The ELD mandate put more pressure on truck drivers’ workdays and may have pushed its most-tenured employees out.
Echo Global Logistics has held true to the same goal since its inception almost 20 years ago: Make transportation management simpler.
Truck broker lobby group asserts FMCSA is being negligent on safety while entertaining private contract issues that should be decided in the marketplace.
AskWaves takes a look at the trade group that sets freight classifications for the less-than-truckload industry and where it’s headed.
This week in Borderlands: Mexico recorded 237 cargo thefts the first two months of 2023; Port of Lazaro Cardenas will receive a $322 million investment; Penske Logistics is laying off 152 workers in Fort Worth; and a Texas contract manufacturer expands its logistics facility and trucking fleet.
AskWaves looks at some of the stranger loads drivers have had to transport over the road.
A Miami-based trucking company and freight brokerage, which also owns a CDL training school, filed for Chapter 11 bankruptcy protection.
Consumers are buying food instead of “stuff.”
The Teamsters union said Thursday it has rejected less-than-truckload carrier Yellow Corp.’s plan to restructure operations at more than 200 terminals.
Federal investigators in California recently ordered two separate logistics operators to pay more than $1 million in back wages to Mexico-based warehouse workers.
MHI-Deloitte report says tech investments will be pivotal in building agile organizations, attracting qualified talent
Directors of TravelCenters are recommending that shareholders reject a new acquisition bid made by an unidentified company.
Some 455 truck drivers who worked under the banner of Flagship Transport haven’t heard from their employer in a week.
C.H. Robinson is not rushing to select Jim Barber as CEO, leading some to wonder if he is the perfect fit for the demanding job.
Newtrul has built a marketplace focused on integrity, compliance and credibility.
Knight-Swift Transportation said it’s not backing away from M&A opportunities following its $808 million purchase of truckload carrier U.S. Xpress.
Daimler Trucks will likely have to issue an equipment recall for over 24,000 trucks after a federal regulator denies the company’s exemption request.
Tesla’s new electric vehicle plant in Mexico could increase cross-border trade with the U.S. by $15 billion annually, officials said.
The deal to sell itself to Knight-Swift ends a struggle at U.S. Xpress that lasted several years and included the failed Variant initiative.
App-based companies fighting AB5 in California got a second court win last week as a three-judge panel cited statements by AB5’s author in its ruling.
The Ultra5 machine has a right-sized design that eliminates the need for corrugated boxes, according to Packsize.
In a first-quarter earnings preview, Deutsche Bank analyst Amit Mehrotra said he expects an in-line type quarter but voiced some concerns.
This week in Borderlands: Truck driver salaries in Mexico averaged $4,400 in 2023; Phillips Industries opens a new plant in Mexico; Arcadia Cold Storage firm eyes Southwest distribution market; and Fr8Tech launches freight matching for LTL services in Mexico.
Historic rainfall has flooded key agricultural areas of California. Farmers there say the deluge has delayed their planting and harvesting — and even sparked disease in some crops.
One key trucking demand metric has been in decline for seven straight months, and more cuts in federal benefits could further challenge volumes.
A leading environmental organization comes to CERAWeek and urges caution on a rush to a hydrogen future.
The FedEx Ground unit flexed its muscles in the third quarter with strong operating income and cost-reduction prowess.
Negative headlines about Nikola Corp.’s finances raise justifiable concern. Visiting its electric truck plant tells a different story.
The best way to attract and encourage safety practices within an organization begins with a top-down approach, according to Reliance Partners’ Robert Kaferle.
Volume weakness persists at FedEx, but cost reductions are acting as strong offsets.
FreezPak Logistics plans to open a 212,807-square-foot temperature-controlled warehouse near Chicago.
At March’s FreightWaves “State of Freight” webinar, a slightly positive key indicator is really the only bullish sign anybody can find in the market.
The investment firm Hestia is seeking major changes in Pitney Bowes’ global e-commerce strategy.
FLS Transport Services offers a free KPI scorecard to shippers.
Dog food has become an inflation safe haven for packaged-food giants — because pet owners won’t trade down categories for their “fur babies.”
With some big-name backing, Verne is trying to tackle the issue of storing hydrogen on board a truck using it for fuel.
Motor carriers can anticipate a registration fee increase in 2025 as the collection agency adjusts how it reconciles with mandated entitlements.
The DHL Global Connectedness Index released Wednesday also sheds light on the future expansion of regional trade, saying more than half takes place within regionalized distances already.
R&R Express announced Wednesday it has acquired Denver-based carrier Load to Ride.
Lawmakers in Canada are working to keep trucking companies with poor safety records off the roadways.
Hyzon has some clouds on the near horizon, but at CERAWeek, its CEO detailed the growth the company hopes to achieve.
Mexico’s heavy-duty truck manufacturers exported 12,702 vehicles to the U.S. in February.
A report from Cass Information Systems suggests the current softness in freight markets is likely to hang around for “several more months.”
A CloudTrucks survey of 1,000 respondents revealed truck parking issues should be addressed and resources should be found to deal with them.
A three-judge panel has reversed a lower court ruling that California’s Proposition 22 was unconstitutional.
Navistar is having deja vu over a safety recall for high engine revving on International vehicles that can overwhelm the parking brake.
Well-known shippers like Gap, Williams-Sonoma, Sephora and Nordstrom have returned to the big carriers after stints at regional carriers, a high-level regional source says.
Participants at a pair of CERAWeek panels expressed excitement for hydrogen as the “fuel of the future” in trucking but starkly acknowledged the high infrastructure costs to make it happen.
Estes Forwarding Worldwide announced it has acquired trade show logistics provider Legacy Logistics.
This week in Borderlands: Mexico starts 2023 as top U.S. trade partner; construction for new Texas commercial port of entry begins; transporter closes Texas terminal and cuts 60 jobs; and Kansas logistics company leases Texas distribution center.
Trucking company Rapid Response has been sold to its employees, investment banking firm ButcherJoseph announced Friday.
Daimler Truck completed its first year as a stand-alone company with financial results meeting its targets.
Do you know what’s on your PSP record? Reliance Partners’ Mark Barlar shares insight into the story it tells about a driver, how it informs hiring decisions and what drivers can do about it.
Jim Barber, a former top executive at UPS, is seen getting the nod to run brokerage giant C.H. Robinson.
The truck transportation sector in February suffered its biggest drop in employment since the pandemic began.
The automotive industry may stay leaner longer.
Moody’s says regional parcel delivery company LaserShip is challenged by weak liquidity, high financial leverage and soft market demand.
After culling underperforming freight for the better part of two years, less-than-truckload carrier Yellow sees volumes inflect positively.
Antwan Banks has been chosen to oversee the National Motor Freight Traffic Association’s cybersecurity relationship efforts with the trucking industry.
More than 3 million commercial trucks used the Texas State Highway 130 toll road between Austin and San Antonio in 2022.
A Bloomberg report says Uber Freight may be a candidate for a spinoff or an IPO.
German giant Deutsche Post DHL posted outsized gains in full-year operating income and said that performance will not repeat in 2023.
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.
ArcBest’s firing of the founder and the CEO of MoLo Solutions is part of a reorganization to tighten sales functions across the company, it said.
Among the coming truck regulations in California is one that targets refrigerated trailers, and Ndustrial is preparing for that shift.
Mack, Isuzu and Hino offer new battery-electric medium-duty work trucks as the industry transition accelerates from diesel and gasoline power.
The startup, led by veterans of last-mile delivery platform AxleHire, rolled out a new solution for perishable shippers.
Ceva Logistics is purging 142 jobs at two of its facilities in Mt. Juliet, Tennessee, effective April 22.
Cummins Inc. is rebranding its New Power division to get more attention for its investments in zero-emissions technologies.