Forward Air announced it will buy fellow expedited less-than-truckload provider Land Air Express in a $56.5 million transaction.
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Regulators are modifying financial requirements and penalties for brokers, freight forwarders and surety bond issuers.
Bestpass and Drivewyze have come together in a collaboration aimed at an expansion of using tolling data to aid drivers.
New details have emerged about United Furniture’s financial health and why its lender, Wells Fargo Bank, filed a petition on Friday to force the furniture company into Chapter 7 proceedings after its abrupt shutdown.
Not all that long ago, real-time, end-to-end visibility was considered a perk. Over the past few years, however, on-demand visibility has become a consistent expectation.
Transportation prices fell at the fastest pace on record, according to the December Logistics Managers’ Index.
Third-party logistics provider and freight brokerage giant C.H. Robinson Worldwide Inc. said Tuesday morning that President and CEO Bob Biesterfeld has stepped down. The resignation was effective as of Saturday.
Deal flow slowed in 2022, but there were still a number of transactions that changed trucking’s landscape during the year.
Liability concerns for drivers who are deaf or hard of hearing are unfounded, according to federal regulators.
Demand for 3PL services to handle last-mile shipments of heavy goods will grow by double digits annually through 2025, according to a report by Armstrong & Associates and the National Home Delivery Association.
This week in Borderlands: Xometry CEO predicts expanded manufacturing in US; Costa Rica pushes to join USMCA trade pact; Texas port in negotiations for large-scale green ammonia plant; and $900K in meth seized at Laredo port of entry.
Bankruptcies, freight demand, trucking legislation and more dominated the headlines this year.
2022 brought a recession in the trucking industry, but few large trucking companies declared bankruptcy.
The carrier will not let peak-season delivery levies fall away in mid-January as it has always done.
For a series of convoluted reasons, a ratings agency has changed its outlook on flatbed operator Daseke.
Freight forwarder MTM Logix recently received a private equity investment aimed at capitalizing on companies nearshoring to the Americas.
Tesla, GM, Chevy and other EV makers may see early volume before revised tax credit provisions’ full criteria take effect.
Robust marketplace offers more than connectivity for shippers and carriers.
TriumphPay’s Emily Meyers notes that it’s tougher for carriers to predict their cash flow and expenditures while facing such long payment cycles.
