Trucking

Covenant shuts down SRT’s Texarkana terminal and operations, relocates to Chattanooga headquarters

Citing economic challenges tied to the coronavirus pandemic, as well as the need to focus resources toward targeted business units, Southern Refrigerated Transport (SRT), a solo-driven reefer subsidiary of  the Covenant Transportation Group (NASDAQ: CVTI), said it will shut down its terminal and headquarters in Texarkana, Arkansas, according to an internal memo obtained by FreightWaves. […]

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Noi Mahoney Sunday, April 12, 2020

Borderlands: At the US-Mexico border, time is money

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Researchers find ways to minimize wait-times at border crossings; truck cargo volumes down at Otay Mesa; container volume slows down at Port Houston; and KAL Freight expands into Texas.

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John Kingston Friday, April 10, 2020

Echo, Saia trim their staffs in wake of COVID-19

Two more significant companies in the trucking and transportation field have implemented layoffs and furloughs. In response to an email query from FreightWaves, Doug Waggoner, the CEO of Echo Global Logistics (NASDAQ: ECHO), said the third-party logistics provider (3PL) had a “small reduction” in staff this week that constitutes less than 5% of the company’s […]

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