Undervalued broker Echo punches out at a premium
Private equity takeout allows Echo Global Logistics’ equity value to rise to that of its peers. Management believes its new affiliation with deeper pockets opens up bigger M&A opportunities.
Private equity takeout allows Echo Global Logistics’ equity value to rise to that of its peers. Management believes its new affiliation with deeper pockets opens up bigger M&A opportunities.
UniGroup Logistics’s Meghan Meurer sees shopping from home as the new normal for a growing number of larger products, suggesting that the final-mile delivery experience is now of utmost importance.
Truck Talk is a FreightWaves weekly newsletter focusing on electrification and autonomy developments in trucking with perspective and context.
On the 20th anniversary of the 9/11 attacks, truck driver Russell Vereen reflects on the 205 days spent working at a refrigerated trailer temporary morgue at ground zero.
UPS is buying Roadie, a same-day delivery firm, as it seeks to expand its package delivery options to customers.
President Biden has ordered companies of 100 or more employees to require workers to be vaccinated or tested weekly.
Radiant Logistics announced it closed its fiscal year in record fashion on Thursday. The company will repurchase shares and pursue acquisitions as a means of boosting valuation.
Reliance Partners’ Robert Kaferle says that successful safety cultures empower all employees to voice concerns and offer solutions.
The company said it will make many job offers within 30 minutes of receiving an application.
The financial analysis of Uber Freight does not yet include the impact of Transplace, which the digital brokerage is acquiring.
Insurance accounts for a large portion of fixed costs for trucking companies. There is one thing, however, that can help carriers take control of snowballing rates while still protecting insurance companies: transparency.
Work-related fatalities for trucking and delivery driver jobs increased 4% year-over-year in 2019, when 1,005 drivers were killed on the nation’s streets and highways.
The Nevada Governor’s Office of Economic Development and OnTrackNorthAmerica have formed the Southwest Supply Chain Coalition as a way to develop a regional approach to supply chain infrastructure investments.
Recent earnings reports from retailers exhibited improved inventory positions compared to a year ago. However, the comps show merchandise levels are still lagging sales by a wide margin.
Canada Cartage makes its fourth acquisition of 2021 with the addition of Rapid Delivery, a Canadian carrier specializing in dedicated domestic and cross-border freight.
The 19-day manhunt for a Missouri truck driver is over after he was found dead of an apparent self-inflicted gunshot wound Wednesday. He was tied to four homicides.
“We are expanding our reach by allowing owner-operators to keep their own authority and still have the same CloudTrucks experience.”
“There’s some desperation in some of these people’s voices,” a Minnesota hay farmer said about the current drought’s impact on the community.
Most of the levies will fall within the range of 20 cents to 29 cents per package.
When people think about “environmentally conscious trucking,” they tend to think about electric vehicles and other environmentally conscious trucking operations. While these cutting edge technologies can play a role in sustainability, they often come with high price tags, long waitlists and significant barriers to entry.