FreightWaves Today discussed mergers, massive fraud rings and the mid-June rate pause among other logistics topics during Monday’s live show.
The freight market is no stranger to disruptive forces — tariffs, recessions, weather, economic fluctuations, and capacity crunches have all reshaped freight demand over the years. But a new contender is emerging from an unexpected corner: the widespread adoption of GLP-1 medications (think Ozempic, Wegovy, Mounjaro, and similar GLP-1 receptor agonists). These drugs, originally developed […]
Norfolk Southern’s Q3 revenue fell despite efficiency, service and safety gains, as well as increased competition from BNSF and CSX.
U.S. Steel and Nippon Steel have filed a lawsuit over President Joe Biden’s decision to stop U.S. Steel from being purchased by the Japan-based company.
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Alaska Airlines will become a major cargo airline with the integration of Hawaiian Airlines’ freighter fleet that services Amazon.
Daimler Truck and Toyota Motor Corp. plan to merge their Asian units to save money in new technology development.
If DoorDash acquired Instacart, it would create a formidable company, says one analyst.
The Surface Transportation Board has determined that a waiver that exempted Kansas City Southern from post-2001 merger rules governing rail mergers applies in the proposed merger between KCS and Canadian Pacific.
Volkswagen AG’s truck holding company TRATON and Navistar International Corp. reached a definitive agreement on TRATON’s $3.7 billion buyout of the maker of International trucks and IC buses.
A comfortable merger still requires managing change and making parts fit as technology races ahead, says Trinity Logistics President Sarah Ruffcorn
Diesel-electric hybrid truck components maker Hyliion expects to be publicly traded around the end of the third quarter in a reverse merger like one that catapulted electric Class 8 truck startup Nikola Corp. to a $23 billion valuation.
Berlin- and Paris-based startups are merging to become one of the largest digital trucking freight forwarding platforms in Europe.
Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public, expects its shares to begin trading under its own name on the NASDAQ later this week.
With a June 2 merger vote that would make fuel cell electric truck maker Nikola a public entity, the company’s book value has quadrupled to $12 billion in the last week.
Just Eat and Takeaway.com merge to create a £9 billion company that will be headquartered in Amsterdam and traded on the London Stock Exchange.
Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), has expressed competition fears over the acquisition of the wharf-side GrainCorp Liquid Terminals by independent bulk liquid storage company ANZ Terminals. The ACCC has formed a preliminary view that the potential sale would “substantially lessen competition”… and that’s the first step on the way to blocking the A$350 million (US$248 million) deal.
Elderly driver charged following fatal truck collision and car explosion left two dead; competition law woes in hostile takeover; heavy vehicle roadworks and access; smart roads.
Fiat Chrysler’s merger bid with Renault is the type of consolidation that the auto industry needs at the moment to expedite innovation and the development of futuristic tech.
Fiat Chrysler submitted a proposal for a merger with French automaker Renault to create a preeminent global automotive group.
