PE-backed truckload carrier files bankruptcy. 339 trucks impacted.
Cold Carriers was formed when KJM equity consolidated Gantt, Sunco, and Interide into a single operating portfolio.
Cold Carriers was formed when KJM equity consolidated Gantt, Sunco, and Interide into a single operating portfolio.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Harvest Sherwood selects Fr8Hub as broker; Arizona-Mexico Town Hall focuses on cross-border trade; US-Mexico law firms partner up; Laredo airport receives $9.8 million for improvements. Harvest Sherwood Food Distributors selects Fr8Hub to move cross-border freight Harvest Sherwood Food […]
General Motors halted operations at two maquiladoras (factories) located in the Mexican city of Piedras Negras, a consequence of the ongoing strike by 49,000 autoworkers in Detroit. The two maquiladoras – known as the Lear and EKM maquiladoras – assemble components used in the manufacture of vehicles made by General Motors, according to El Financiero. […]
A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what’s ahead. The Dallas Federal Reserve Board’s quarterly survey of conditions out in the oil patch is positive for the trucking sector only in one sense – production looks like it is going to continue […]
Australian logistics continues to be dangerous for workers: a man was tragically crushed to death last week. In corporate Australia, companies are winning contracts. Meanwhile, trucks might get bigger in Australia, following an official recommendation.
Air and ground express firm DHL Express announced September 27 a 5.9% general rate increase on shipments moving to and from the U.S., effective January 1, 2020. The increases are for tariff, or published, rates. Contract rates will differ depending on the specific customer. However, contract pricing in the express delivery business is influenced by […]
Michael Welch dies. Had co-founded forerunner firm to what is now XPO Logistics
Volumes up 4% year-over-year this week
Cummins and Hyundai Motor Group will work on fuel cell electric systems for heavy-duty truck makers in North America as well as stationery fuel cells for data centers and critical infrastruture.
Risks related to CSA program outlined in DOT oversight report.
The Truckload Carriers Association has named Brian Smith of Louisville, Kentucky, a professional truck driver leased to Mercer Transportation Company also of Louisville, Kentucky, a Highway Angel. He is being recognized for helping at the scene of a fiery crash that killed four people. On March 25, Smith was driving his flatbed near Lordsburg, New […]
Truckload carriers are falling off of out-of-network freight; it ends up with brokers.
As California tightens trucking emissions, natural gas seen as most viable in market currently.
Ashley Furniture, Kellogg, Republic Plastics and Transport America are reducing empty miles and gaining support for sharing trailer space.
The U.S. Federal Maritime Commission does not expect easy answers to the question of how to fairly assess demurrage and detention when Customs and Border Protection holds containers.
The Treasury Department’s Office of Foreign Assets Control identified Moscow-based Maritime Assistance LLC as the head of a “sanctions evasion scheme” to deliver jet fuel to Syria.
The Seasonally Adjusted Annual Rate (SAAR) for new Class 8 truck orders in 2019 is trending at approximately 150,000. Note that this number includes orders for interstate, intrastate and private fleets. We estimate total replacement demand in the neighborhood of 250,000 to 300,000 trucks annually based on there being roughly 1.6 million total for-hire tractors in […]
Women now make up over 10 percent of over-the-road (OTR) truck drivers, an increase of almost 30 percent.
U.S. trucking operators, heed this warning from Asia. Maritime experts say that after the IMO 2020 deadline, fuel availability will be uncertain, scrubbers won’t work, stockpiles will “evaporate” and fuel prices will “go through the roof”.
XPO Logistics may be getting back in the M&A game