Canada Cartage to acquire western reefer carrier The deal with Coastal Pacific Xpress furthers the Ontario-based carrier’s foray into the U.S. with more M&A. Mergers & Acquisitions Tracker Tracking the truck tonnage index Tonnage in October continued its “slow, and choppy, climb off of the ...
Richard Egan, who will succeed retiring VP Charlie McGee, has 40 years of logistics experience, the carrier said. Labor Werner takes on insurance inflation, industry reform Smaller legal cases that used to impose a $50,000 liability are now increasing to three or four times that amount, th...
Carrier Revenge: The freight market’s impending power shift In the ever-evolving landscape of the freight industry, a new phenomenon is emerging that threatens to upend the delicate balance between shippers and carriers. Known as “carrier revenge,” this impending shift in market dynamics promises...
The need for a carrier to know its costs is ancient history. Five thousand years ago, the first cart builders noodled out how much to charge to haul stuff. But that doesn’t mean everyone does it well. Setting rates can become a commonplace exercise. The danger is that as time slides ...
CargoNet analysis of supply chain intelligence reveals 174 significant theft events during a critical six-day window from the Tuesday before Thanksgiving through the following Monday over the past five years. CargoNet November 20, 2024 Trucking Truckstop Launches Carrier Vetting Solution Truckstop intro...
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YRC Hit by Industrial Slowdown, Makes Leadership Changes, Carrier Earnings Worse than the Economy Might Indicate [Commentary], Navistar Reveals Broad-Based Strategy Aimed at Fueling Growth, Truck Fleet Earnings Are Lagging the Overall Economy, What’s Be
FedEx Freight, in particular, is the largest LTL freight carrier in the United States, generating over $9.3 billion in annual revenue. The company is among the top contractors of the United States government and transports US Postal Service packages (via Air Cargo Network contract) on a large ...
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The article focuses on the outlook on trucking rates in 2010. Motor carrier rates are expected to increase depending on how quickly freight demand returns and how fast capacity shrinks. However, American Trucking Associations (ATA) chief economist Bob Costello observes that there are still too many...