XPO Logistics announced it has sold its intermodal business to STG Logistics for $710 million in cash. This was a crucial first step on the path to becoming a stand-alone less-than-truckload company.
FreightWaves Classics profiles Dependable Supply Chain Solutions.
Pacific Intermountain Express was one of the largest less-than-truckload carriers prior to trucking deregulation. FreightWaves Classics profiles the company’s history and demise.
Less-than-truckload carrier Saia announced a 7.5% general rate increase Tuesday. The carrier was the latest to announce rate hikes greater than the normal mid-single-digit increases.
Ross Neely Systems operates in Alabama and across the nation. Read a profile of this family-owned business in FreightWaves Classics.
Oak Harbor Freight Lines has served its customers for over 105 years. Read a profile of the company in this FreightWaves Classics article.
A. Duie Pyle is a leading American trucking company. Read a profile of its history in this FreightWaves Classics article.
Intraquarter updates from less-than-truckload carriers show record third-quarter operating conditions have continued through the first two months of the fourth quarter.
Yellow Corp. rode a hot freight market and an internal overhaul to positive net income for the first time in several quarters.