Why is transportation M&A so hot?
AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.
AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: manufacturing sector in Austin, Texas, is booming; GDP from transport in Mexico averaged fell sharply last year; reverse logistics firm opening Fort Worth facility; and CBP finds massive load of drugs in auto parts load.
The logistics startup has wrapped up its series B funding round.
This week: CFI employees raise holiday funds for local charities; XPO joins other industry professionals for Wreaths Across America Day; and Gopuff gives toward Kentucky tornado relief.
More parcel processing capacity and earlier holiday shopping schedules are key factors in the agency’s improvement, ShipMatrix says.
Class 8 truck orders placed this year for 2022 models are being retimed to next year as 2023 models because parts shortages are preventing production.
FedEx’s Express and LTL units delivered solid performances, while the bottom may have been hit at its Ground unit.
The woman pleaded guilty but was not a key organizer of the June 2017 accident.
People who signed the petition are protesting Rogel Aguilera-Mederos lengthy prison sentence, along with his company’s role in the accident.
San Antonio-based Rush Enterprises, already far and away the largest U.S. network of commercial truck dealerships, is getting even bigger.
Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.
Full customs formalities will be required on goods moving into the U.K. from the EU after the new year. If you’re not prepared, expect congestion, delays and learning curves.
Relying on a single data source to predict pricing is risky in the best of times. Right now, brokers and shippers are already facing high — and highly variable — rates. A lack of true insight in the mix only makes the situation more chaotic.
FedEx Express has taken delivery of the first electric vans as part of a 500-unit order from BrightDrop. The vehicles are in operation in California.
“Demand for RNG will continue its rapid growth trajectory. We are in the early days of seeing corporate goals to reduce carbon turned into actual actions,” Greg Roche, vice president of sustainability at Clean Energy, told FreightWaves.
DOT officials aim to solve tightening constraints on truck parking by arming local officials with new information.
Drivers and fleets can get loans to pay sky-high prices for used trucks because spot rates let them earn more than enough to repay.
Volume and yield gains powered the Express and LTL units, while staffing shortages and operating inefficiencies continued to hurt the Ground unit.
In its third pay hike of 2021, Forward Air rolls out its biggest pay package for independent contractors ever.
New York City has released several blueprints on its freight future during the de Blasio administration.