2024’s most notable trucking deals
Trucking M&A was off again in 2024, but the year saw some notable transactions and provided insight on a couple of major spinoffs on the horizon.
Trucking M&A was off again in 2024, but the year saw some notable transactions and provided insight on a couple of major spinoffs on the horizon.
The Teamsters are making gains at Amazon and among the company’s direct service providers, but the e-commerce retailer says not so fast.
UPS, Advance Auto Parts, Great Dane LLC and Ryder Transportation Solutions recently announced a total of 1,277 freight-related job cuts.
Ryder System said Monday it will acquire mobile maintenance and repair services provider Pit Stop Fleet Service.
Teamsters update: The union has recently aligned with Amazon workers, won three elections and signed a new deal with a Ryder unit.
This week in Borderlands: Kuehne+Nagel is expanding in Texas to meet rising manufacturing demand; Canadian government opens cross-border trade office in Arizona; China-based automotive supplier opens factory in Aguascalientes, Mexico; and new 500,000-square-foot logistics hub being constructed near Dallas.
Ryder continues expanding its cross-border operations with a new logistics facility in El Paso, Texas.
Investors cheered Ryder’s earnings, which weren’t immune to the weakness in the trucking market.
More than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks.
Ryder has opened a new logistics center in Laredo, Texas, as trade continues to expand between the U.S. and Mexico.
Ryder has opened a major distribution center in Indiana for printing giant Lexmark, which has manufacturing sites in the U.S. and Mexico.
This week in Borderlands: Cargo insurance can boost cross-border operators’ business; Ryder System leases logistics center near Dallas–Fort Worth; Paccar Inc. announces $50M investment in Mexico truck factory; and thefts from cargo trains in Mexico rose in September.
Technology plays an increasingly large role in how supply chains operate and has created a sea change for the industry.
The December 2023 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will find: […]
The November 2023 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will find: […]
Truck leasing giant Ryder posted total revenue of $2.9 billion and earnings per share of $3.58 during the third quarter.
Ryder System Inc. is set to lay off 801 employees after losing work at an Applied Materials semiconductor plant in Austin, Texas.
Ryder rolls out warehouse automation that fits your profile.
Eight companies took home Best in Show awards at FreightWaves’ F3: Future of Freight Festival.
Used truck prices helped Ryder in comparison to last year, but the market is weak going forward.