Private equity firm acquires K&L Freight Management
Argosy Private Equity announced that it acquired a controlling interest in third-party logistics provider K&L Freight Management.
Argosy Private Equity announced that it acquired a controlling interest in third-party logistics provider K&L Freight Management.
Freight broker Fura announced that it has added another 3PL on its journey to roll up the space through automation.
Open Road Ventures announced it has acquired intermodal freight broker Double-Stack Logistics.
Industry participants say asset-based carriers are likely the winners following the Supreme Court’s landmark ruling on freight broker liability.
Freight broker RXO is seeing better-than-expected spot market trends in the second quarter.
The unanimous Supreme Court ruling on broker liability will carry a cost that is yet to be determined.
What will be considered a reasonable amount of diligence when onboarding carriers?
Broker warns shippers not to expect a return to 2025 conditions.
Redwood Logistics has acquired Stridas, a managed transportation provider, marking its second acquisition in a week.
Third-party logistics provider Fura announced it has acquired fellow Texas-based broker Barton Logistics.
Regulations originally designed to protect brokers are being used against them.
Regulators warn Congress that stagnant 1985 insurance minimums now cover less than 1.5% of median “nuclear” verdicts leaving a consolidated trucking fleet exposed.
Carriers are rejecting more than 13% of tendered truckload shipments.
Broker Landstar System’s fourth quarter was negatively impacted by one prior and two recent tragic accidents.
U.S. Chamber of Commerce, National Retail Federation among those supporting C.H. Robinson in the brief.
The U.S. Government filed an amicus brief supporting freight brokers.
Echo gets 4 million square feet of warehouse space and a massive drop trailer pool.
Highways, airports, and distribution centers to be most affected by icy weather.
Spot rates and tender rejections exceeded 2024, 2023, and 2022 levels.
Even BMC-85 trust funds must now consist of cash or cash equivalents.