Truckload
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Daseke announces share buyback following activist’s encouragement
Flatbed carrier Daseke said Friday it would repurchase $40 million in stock, following an April request from an activist investor to do so.
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Daseke announces new CFO, reiterates guidance
Daseke announced Friday a transition at the CFO position and that it expects to achieve its previously announced 2022 financial targets.
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Cowen analyst sees rougher road ahead for trucking
Jason Seidl of Cowen says that slowing consumer and industrial activity will be felt in third-quarter results.
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The Log Book: Driver receives renovated rig, hopes for more trucker salutes
This week: A Georgia driver fighting for more women in the industry receives a renovated cab from Transfix, and a safety nonprofit teaches pedestrians and…
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Idaho-based carrier sells to Austrian forwarder Berger Logistik
Western U.S. truckload carrier Super T Transport announced it has been sold to Austrian transportation and logistics provider Berger Logistik.
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Done deal: USA Truck now part of DB Schenker
USA Truck said Thursday it has been sold to German 3PL DB Schenker.
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Cass: August freight volumes at 4-year high; linehaul rates down 3rd straight month
Cass data shows freight volumes reached a more than four-year high in August. But linehaul rates slid for the third straight month.
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The Log Book: Companies prepare to honor drivers for annual appreciation week
This week: Logistics companies, trailer manufacturers and trucking nonprofits prepare to celebrate drivers for National Truck Driver Appreciation week.
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Carriers weigh in on peak season and contract rates
Management teams from a couple of the nation’s largest fleets share their thoughts on peak season and rates during an investor conference.
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Focus appears to be shifting from Variant to ‘blocking and tackling’ at U.S. Xpress
In a Thursday conference call with analysts, U.S. Xpress CEO Eric Fuller turned his focus away from the Variant initiative and toward a return to…
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