TFI plans to list on NYSE in 6 million-share US offering
Proceeds could give Canada’s largest transportation company more firepower to pursue acquisitions as it prepares to make a big leap into capital markets south of the border.
Proceeds could give Canada’s largest transportation company more firepower to pursue acquisitions as it prepares to make a big leap into capital markets south of the border.
Many measures of activity were weaker but the bottom line improved.
Canadian transportation company delivers impressive performance in weak freight market as it finishes 2019 with 20% increase in operating income on strength of its truckload and logistics businesses.
Tesla will produce its much-anticipated all-electric truck in “limited volumes” this year, according to CEO Elon Musk.
Shutdown of Trusted Traveler Program in New York state could slow trade moving to and from Canada.
The Maritime Association of the Port of New York and New Jersey also announces hall of fame inductees.
Jim Blaze explores whether the Class 1 railroads are downsizing their railcar fleets.
Brian Aoaeh writes about the use of software and technology in the trucking industry.
Daseke has found a permanent replacement for its retired founder and namesake Don Daseke, naming interim CEO Chris Easter to the position. Plus, Valentine’s Day logistics, truckers in Oregon get political and Chinese truck capacity shrinks.
Apart from being emissions free, electric vehicles will have a much less total cost of ownership than conventional diesel vehicles.
Jeremy Reymer, founder of DriverReach, said 90% of truck drivers applying for jobs have not registered in the Drug and Alcohol Clearinghouse, a step that is required for any driver looking for a job.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico considers law banning all double tractor-trailer trucks; Dynacraft finalizing relocation of plant to Texas; QSL opens new marine terminal on the Houston Ship Channel; El Paso border agents bust two commercial trucks for carrying narcotics. […]
Small companies jittery about investing in biodiesel blending with the federal tax credit in limbo are moving in now that the tax incentive on the cleaner-burning fuel is set through 2022.
Titan Freight Systems president says regulation is necessary to accelerate transition to clean fuel vehicles.
Despite AB5 pause, California team drivers Jeff and Elyse Fink continue search for ‘truck-friendly’ state.
February off to a slow start.
J.B. Hunt announced that CFO David Mee will retire March 1. The company will fill the interim role internally until a permanent replacement is found.
Longer-term solutions are problematic but cutting down on trucks is targeted for now.
John Kingston, FreightWaves Energy Market Expert, has been named the winner of the prestigious 2020 Abdullah Bin Hamad Al-Attiyah International Energy Award for Lifetime Achievement for the Advancement of International Energy Journalism.
Sendengo is a digital freight brokerage that enables users to control transactions and helps reduce cargo theft.