Trucking executives share M&A experience, pitfalls
The most lucrative time to buy or sell a trucking company could be right now — as long as the prep work has been done.
The most lucrative time to buy or sell a trucking company could be right now — as long as the prep work has been done.
Trucking companies and trade associations say the shortfall in qualified drivers is hitting specialty segments especially hard, affecting revenue and growth.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas Trucking Association appoints Ernesto Gaytán Jr. as chairman; Saddle Creek to open new distribution center in Texas; CFI reports four years of accident-free operations in Laredo; and 11 tractors destroyed by a fire at Texas plant.
Volvo’s decision to discontinue the sale of Class 8 trucks in Mexico concerns cross-border carriers’ ability to resell vehicles.
Laredo, Texas-based Super Transport International is hauling everything from oilfield equipment and wind turbine blades to industrial biotrickling filters from Mexico to Canada.
Celadon Group’s (OTC: CGIP) shutdown comes after cross-border shipping had already lost several other full truckload (TL) carriers this year that provided Mexico service. Matt Silver, founder and CEO of […]
In June 2016, a leading group of Laredo carrier companies decided to band together and launch a new association focused on promoting and furthering Laredo as the “trucking capital” of […]