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.
