Truckload Carriers
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Three-person ‘office of the CEO’ to run Covenant, but Parker retains post
Bunn in put in charge of day-to-day operations; Hogan has a diversified portfolio of duties.
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Knight-Swift announces pay increase; XPO has lots of jobs to fill
The latest increase raises the question: Are we nearing the end of the cycle of increases or just kicking off yet another one?
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‘Even stronger summer than last year’ sends driver pay higher
Driver pay continues to step higher as truck capacity remains very tight and consumer spending high.
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Forward Air announces its largest rate increase for capacity providers
Forward Air announces its “largest-ever” rate increase to capacity providers.
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Leonard’s Express acquires Idaho-based refrigerated carrier
Refrigerated carriers Leonard's Express and Holman Transportation join forces in latest truckload acquisition.
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Analysts all in on transportation; spending on services no threat
Two bullish equity research reports this week on transportation stocks both highlight expectations around consumer spending and what that means for freight demand.
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February weather only temporary impediment to freight cycle: Cass
February freight data from Cass shows a deceleration in the growth rates of shipments and expenditures. Recent weather events have only “coiled the spring” for…
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Cargo Transporters announces ‘all-in’ flexible pay option for drivers
After raising pay earlier in the year, Cargo Transporters has implemented a flexible pay package, allowing company drivers to earn paid time off and bonus…
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2 Canadian trucking companies close amid financial struggles
A pair of Canadian trucking companies in the Toronto area, Orbit Freight and Delta Carriers, shut down in close succession before their owner filed for…
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Cheema Freightlines latest to raise driver pay
West Coast carrier Cheema Freightlines announces a pay bump for drivers and plans to expand its fleet in 2021.
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