PE firm Open Road Ventures acquires intermodal 3PL Double-Stack
Open Road Ventures announced it has acquired intermodal freight broker Double-Stack Logistics.
Open Road Ventures announced it has acquired intermodal freight broker Double-Stack Logistics.
Global Crossing Airlines filed a breach-of-contract suit against freight broker and investor Ascent Global Logistics, alleging the former partner harmed its cargo business by awarding charter flights to its competing in-house cargo airline.
WWEX and Auctane form ShipStation Global to give small and midsize shippers enterprise-grade technology and transportation services through a single platform.
From cartel-linked theft investigations to testimony before Congress, Lemm’s message was clear: cargo theft is no longer just a transportation problem.
Hub Group announced that its chief financial officer and chief operating officer have departed as it works to restate financial results following an accounting error.
Carriers, logistics providers and ports are investing millions into new freight infrastructure projects as they prepare for long-term supply chain growth.
Cargo theft and freight fraud are forcing brokerages to rethink how freight moves through trusted systems. As organized theft groups evolve, repeatable verification processes and operational discipline are becoming more important than speed alone.
Commercial auto has lost $4.9 billion in a single year. Fourteen consecutive years of underwriting losses. Crash rates are actually falling. So why is the industry bleeding? It stopped doing the one thing insurance was designed to do.
Echo Global will once again face a South Carolina court following a judge’s order tied to Montgomery.
Fallout from the Montgomery case was a subject in this month’s State of Freight webinar.
Industry participants say asset-based carriers are likely the winners following the Supreme Court’s landmark ruling on freight broker liability.
Freight broker RXO is seeing better-than-expected spot market trends in the second quarter.
Banks learned years ago that fraud prevention requires more than instinct or technology alone. They built compliance roles, documented procedures, and repeatable verification processes designed to reduce risk and stand up in court. FreightWaves believes the transportation industry is now entering that same shift.
The Montgomery decision has brought a rapid spotlight on what brokers are going to pay for insurance.
A mix of trucking enforcement activity, insurance concerns and seasonal freight demand could keep pressure on freight capacity through 2026, EASE Logistics says.
Safe isn’t always exposure-free or risk-free. Compliant isn’t always safe. What “safety” means doesn’t matter. A carrier can be all three of those things on paper and still bury everyone who touched the load in exposure. This is a working primer on how risk professionals actually vet, qualify and screen a carrier.
Companies tied to transportation, warehousing, manufacturing and food logistics announced more than 5,000 layoffs stretching from California to Pennsylvania.
What will be considered a reasonable amount of diligence when onboarding carriers?
The Supreme Court just told 28,000 freight brokers that they owe a duty of ordinary care in carrier selection. The question every broker, shipper, and 3PL should be asking is not whether they need a carrier vetting process. That question was answered on May 14. The question is: what technology are they using to build one that a jury will believe?
The speculation has started on what the Montgomery case will mean for the brokerage industry.
The Supreme Court just opened the courthouse doors to negligent-hiring claims against brokers. The only federally required financial backstop is a surety bond designed to make sure carriers get paid. It was never meant to cover a wrongful death.
The Supreme Court ruled unanimously today that state negligent-hiring claims against freight brokers are not preempted by the FAAAA. Twenty-eight thousand brokers just woke up in a different legal universe.
Third-party logistics provider Radiant Logistics beat quarterly expectations on Monday.
Investors liked what they saw and heard in RXO’s first quarter earnings.
RXO had the type of rough quarter that might be expected given rising spot freight rates against lower contract numbers, but it foresees a significantly better second quarter. In its earnings released Thursday morning prior to an 8 a.m. EDT conference call, the company said it expected a second-quarter adjusted EBITDA of $27 million to […]
GXO Logistics CEO Patrick Kelleher said Amazon’s new supply chain services validate — rather than threaten — the long-term growth opportunity in outsourced logistics.
Air and ocean freight moved in different directions at Expeditors in the first quarter.
MODE Global has expanded into Mexico with a new office in Puebla aimed at streamlining North American logistics.
Amazon announced it has stitched together logistics services into a unified supply chain product for manufacturers and retailers to move and distribute heavy freight and parcels, which poses a potential threat to other freight management and transport companies.
Broker warns shippers not to expect a return to 2025 conditions.
The Montgomery broker liability case before the Supreme Court was heavily discussed on C.H. Robinson’s earnings call.
A first look at the earnings of C.H. Robinson.
Broker Landstar System said Tuesday that the truckload market is in the early stages of an upcycle, noting revenue per load is trending well ahead of normal seasonal patterns.
A report by CBS on trucking and brokerages spurred a lengthy response from C.H. Robinson.
The broker liability case looms large over the annual confab of freight brokers.
LeadCoverage analyzes qualified pipeline dollars generated per dollar of GTM spend.
Trucker Path’s integration with Truckstop.com’s load board gives more than 1 million drivers access to significantly more freight listings directly in the TruckLoads app.
Truckstop announced Tuesday it acquired Wize Load and will rebrand it Truckstop Heavy Haul Rates, adding lane-specific pricing to its Heavy Haul Load Board.
C.H. Robinson is waiving fees on discount-fuel cards and cash advances for contract carriers in April and May as diesel prices rise amid the Middle East conflict.
Two debt ratings agencies have given a vote of confidence in Echo Global Logistics’ recent acquisition of ITS Logistics. Neither Moody’s nor S&P Global Ratings changed their debt rating on Echo Global, which is privately-owned but does have publicly-traded debt. But the outlook on Echo Global from both companies was increased to positive from stable, […]
Logistics providers are ramping up investments in Canada as e-commerce growth and cross-border trade drive demand for warehousing, fulfillment and drayage services.
Echo Global Logistics announced it has completed its acquisition of ITS Logistics, creating a $5.2 billion, full-service supply chain services platform.
Hub Group said it received a deficiency notice from Nasdaq for failing to timely submit 2025 financial results after discovering an accounting error.
C.H. Robinson is reducing management headcount through voluntary buyouts, the company said.
Lawsuit verdict: TQL hit with $22.5M verdict in pregnancy case.
Transfix co-founder Drew McElroy explains how running its own brokerage formed the basis for its TMS. The interview covers the 2014 founding, the decade of operations and the later transition to software.
Redwood Logistics has acquired Stridas, a managed transportation provider, marking its second acquisition in a week.
Third-party logistics provider Fura announced it has acquired fellow Texas-based broker Barton Logistics.
(Editor’s note: FreightWaves streamed news and commentary from the arguments before the Supreme Court in Montgomery vs. Caribe II earlier Wednesday. That can be found here). There was a stretch of questioning of Theodore Boutrous during oral arguments Wednesday before the U.S. Supreme Court on Montgomery vs. Caribe Transport II, the possibly groundbreaking case involving […]
Regulations originally designed to protect brokers are being used against them.
Private equity firm Thoma Bravo agreed to acquire 3PL WWEX Group and merge it with Auctane, a shipping software provider already in its portfolio.
RXO has launched Middle Mile Solutions, a single-source service connecting the first, middle and last miles of the supply chain.
Freight broker RXO said the truckload market is seeing “the biggest structural change” since deregulation in 1980.
It’s a strong market, but will it stick around? This month’s question for the State of Freight webinar.
AIT Worldwide Logistics traded hands again on Monday, with Greenbriar Equity Group buying a majority piece of the company.
Estes Logistics has acquired Pacific Northwest operator Key Trucking for an undisclosed sum.
The day after, an analysis of why logistics stocks sold off so hard Thursday.
RXO has seen its debt rating cut by Moody’s to a non-investment grade level.
QXO is making its second big purchase in the building products field.
Radiant Logistics beat fiscal second quarter expectations as customers are “growing increasingly bullish.”
Fuel Transport is taking a long-term view on growth, expanding owned warehouse infrastructure at a time when many logistics providers remain cautious. For Robert Piccioni, CEO of Montreal-based Fuel Transport, the strategy reflects years of disciplined investment and close collaboration with customers, not a reaction to short-term market swings. While Fuel operates primarily as a […]
The freight market has spent the better part of two years grinding along the bottom, offering little relief to brokers operating on thin margins and tighter credit. But as early signals suggest the cycle may finally be inflecting upward, recent earnings calls from RXO and C.H. Robinson offer a timely warning: a rising market does […]
An accounting error at Hub Group has placed its financial statements for the first three quarters of 2025 under review.
RXO’s fourth quarter was tough but it is focusing on a longer-term message.
The first look at RXO’s fourth quarter earnings show the impact of a bad market for brokers.
Allstates WorldCargo adds customs brokerage capabilities by acquiring Promptus.
Jacksonville-based AGX Freight Group has suspended operations after a lender dispute restricted access to working capital.
Another successful quarter led analysts on the C.H. Robinson earnings call to wonder what the longer-term future holds.
Broker Landstar System’s fourth quarter was negatively impacted by one prior and two recent tragic accidents.
The first look at C.H. Robinson’s earnings that investors applauded.
Triumph Financial’s earnings had numerous points that showed a strengthening freight market.
Third-party logistics providers accounted for a larger share of the top 100 industrial leases in 2025, according to CBRE Group.
Missed pickups have long been an accepted cost of doing business in less-than-truckload shipping. They’re frustrating, inefficient and expensive, but for an industry built on shared capacity and tight scheduling, they’ve often felt unavoidable. C.H. Robinson is betting that doesn’t have to be the case. The logistics provider has rolled out a new set of […]
The Trump administration is putting its weight behind C.H. Robinson over the issue of broker liability.
TQL incorrectly made higher payouts to some brokers, is clawing them back.
Less-than-truckload carrier Saia said it is renaming its LinkEx logistics business to Saia Logistics.
In the fast-paced world of e-commerce logistics, mergers are often hailed as game-changers, promising synergies, expanded networks, and economies of scale. But for FAST Group—the entity born from the August 2025 merger of Australian parcel delivery firm Sendle, U.S.-based FirstMile, and ACI Logistix—the honeymoon was short-lived. Just months after the deal closed, Sydney-based Federation Asset […]
C.H. Robinson’s CFO talked with FreightWaves about some of the specifics of its so-far successful AI strategy.
Third-party logistics provider Trinity Logistics has acquired Granite Logistics, a freight agent partner of nearly 14 years with offices in Sartell and Minneapolis, Minnesota.
Spot rates and tender rejections exceeded 2024, 2023, and 2022 levels.
Transportation attorney Matthew Leffler says that a new bill in Congress meant to hold freight brokers accountable has some issues.
Optimism for 2026 permeates a key conference of the movers and shakers in logistics M&A.
RPM’s second acquisition this month adds more services to the non-asset auto hauler.
It isn’t often you find Texas Attorney General Ken Paxton and New York Attorney General Letitia James on the same side of an issue. But that pairing and numerous others that cross the political divide among the attorneys general of red and blue states and the District of Columbia can be found over the issue […]
Lean Solutions Group has spent the last decade building its reputation as a people-first partner in the logistics industry. Its embedded teams became fixtures inside freight brokerages, 3PLs, and carriers across North America, powering back-office operations and customer service functions with nearshore talent. But the company’s newest technology announcements, LeanTek AgentEdge and LeanTek Connect, signal […]
RXO credit rating faces challenges, while C.H. Robinson continues to shine.
Neace Ventures’ acquisition of J&J Transportation Consultants and Thoroughbred Transportation may have flown under the radar when it was announced earlier this year, but it represents something much larger happening across the logistics industry. The Louisville-based private investment firm, traditionally known for its holdings in food, beverage, and consumer brands, has been steadily building out […]
The Supreme Court got its first legal arguments as it takes up the issue of broker liability.
For the second time in three months, Odyssey Logistics has seen Moody’s cut its debt rating.
Truckload broker RXO said 2025 is likely to end quietly but outlined several catalysts that could produce “freight rate volatility” next year.
Even BMC-85 trust funds must now consist of cash or cash equivalents.
A new industry benchmark compares the effectiveness of marketing strategies among freight and logistics companies.
Journey offers freight brokerages recruiting, consulting, and training.
The deadline for the first key brief is at the start of December.
In less-than-truckload (LTL) shipping, even seasoned brokers struggle to quote shipments accurately. The issue rarely lies with the base rate; it’s the hidden accessorial charges that disrupt margins and relationships. Residential deliveries, liftgate requirements, and limited-access locations often go unnoticed until after booking, resulting in rebills, disputes, and frustration for both brokers and shippers. Despite […]
Third-party logistics provider BlueGrace announced it has acquired Michigan-based peer STB Freight Group.
Radiant Logistics outlined incremental revenue opportunities on a Monday quarterly call as its Navegate platform is expected to see wider customer adoption.
How the RXO rate squeeze is sign of larger 3PL industry dynamics and affecting logistics operations,
Following the pandemic-era logistics boom, shippers found themselves drowning in technology. The rush to digitize supply chains brought an explosion of new tools, each claiming to solve a critical problem, from delivery visibility to customer communication. However, as many soon learned, having more platforms didn’t always mean greater efficiency. Instead, it exacerbated common problems of […]
First look: Negative reaction to RXO’s earnings.