December 1, 2014 - Industry News
The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.
Tags: Intermodal, LTL, Truckload, C.H. Robinson, 3PL, Freightquote.com, Fleets, Mergers & Acquisitions, Brokers
The Truckload Carriers Association is expanding its benchmarking services by providing multiple levels of subscription based on the needs of each company. The benchmarks allow companies to compare operations against peers and leading trucking companies.
Tags: Benchmarking, Fleets, TCA
The trucking companies Crete Carrier and Shaffer Trucking announced a pay increase for their company national over the road drivers starting the first of next year.
Tags: drivers, Fleets, Driver Pay, Crete Carrier Corp., Shaffer Trucking
Truck drivers at FedEx Freight’s Louisville, Kentucky, terminal last week voted against representation by the Teamsters Union.
Tags: Kentucky, Fleets, Teamsters, Labor Unions, FedEx, FedEx Freight
Alberta-based trucking company Mullen Group Ltd. says it will pay $172 million cash to buy Winnipeg-based transport company Gardewine Group Limited Partnership.
Tags: Canada, LTL, Fleets, Mergers & Acquisitions, Oilfield
November 25, 2014 - Industry News
Rush Trucking brought in Gregory Humes to be the company's interim CEO. Humes is a 30 year logistics and supply chain veteran who previously headed the creation of Driving for America, a logistics staffing school.
Tags: Leadership, People, Fleets
The regional less-than-truckload carrier Holland is relocating its headquarters to a larger facility due to growing business, according to parent YRC Worldwide Inc.
Tags: Fleets, YRC Worldwide, Holland
November 21, 2014 - Industry News
Southeastern Freight Lines opened a new service center in Van Buren, Ark., near Fort Smith. The facility was opened in response to growing business in the area.
Tags: Arkansas, Southeastern Freight Lines, Service Center, Fleets, LTL
November 20, 2014 - Industry News
A group of 222 drivers at FedEx Freight's Charlotte, N.C., terminal have voted in favor of joining the Teamsters Union.
Tags: drivers, Con-way Freight, Fleets, Teamsters, Labor Unions, FedEx, FedEx Freight
November 19, 2014 - Industry News
For the 10th year in a row, FedEx Corp. and the Christmas SPIRIT Foundation are making the holidays a little brighter for America’s service members and their families with the Trees for Troops program.
Tags: Charity, Fleets, FedEx
November 17, 2014 - Industry News
The parent of trucking companies Covenant Transport and others said it expects big improvement when its fourth quarter earnings are released and plans a public stock offering.
Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group
November 14, 2014 - Industry News
The trucking, parcel and logistics service provider expects earnings per share to increase next year by 10% to 15% from 2014 to between $5.45 to $5.70.
Tags: UPS, Fleets, Earnings
November 13, 2014 - Industry News
An effort by the Teamsters Union to organize drivers at the FedEx Freight terminal in Newark, New Jersey was rejected in a Wednesday vote.
Tags: drivers, New Jersey, Fleets, Teamsters, Labor Unions, FedEx, FedEx Freight
November 12, 2014 - Industry News
Choice Logistics has named Senior Vice President James Adams to the newly created company position of chief operating officer.
Tags: Fleets, People, Choice Logistics
November 11, 2014 - Industry News
Old Dominion Freight Line Inc. has approved a stock repurchase program authorizing the North Carolina-based trucking company to repurchase up to $200 million of its outstanding common stock.
Tags: Old Dominion Freight Line, Fleets
November 6, 2014 - Industry News
Bulk and chemical logistics provider Quality Distribution Inc. has reported a 9.7% increase in revenue in the third quarter of the year compared to a year ago while earning increased by an even wider margin.
Tags: Fleets, Earnings, Quality Distribution, Quality Carriers, Boasso America
Knight Transportation Inc. CEO Kevin Knight will step down from part of his role with the company on Jan. 1.
Tags: Fleets, People, Knight Transportation
November 5, 2014 - Industry News
William J. Logue has been in the role at the less-than truckload carrier since 2010.
Tags: Fleets, People, FedEx, FedEx Freight
November 4, 2014 - Industry News
Forward Air Corp’s. motor carrier subsidiary, FAF Inc., is raising owner-operator pay effective Jan 4. The contractual base rate will increase by 10 cents per mile for team less-than-truckload and truckload express service, while rates for solo truckload express drivers will increase by 6 cents per mile.
Tags: Fleets, Owner-Operators, Forward Air, Driver Pay
The trucking operation Forward Air Corp. announced its subsidiary, Central States Trucking Co., has purchased substantially all of the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc., based in Indianapolis, Indiana.
Tags: Fleets, Mergers & Acquisitions, Forward Air
November 3, 2014 - Industry News
Transportation and logistics provider USA Truck Inc. has announced earnings for the third quarter of the year showing its most profitable quarter in eight years and its second straight quarterly profit.
Tags: Fleets, Earnings, USA Truck
Trucking and logistics holding company ArcBest Corp. has reported improved third quarter 2014 results, reflecting business growth at ABF Freight and all of its emerging companies.
Tags: Fleets, Earnings, ABF, ArcBest Corp.
Trucking and logistics provider Roadrunner Transportation Systems reported record revenue and operating income for the third quarter.
Tags: Fleets, Roadrunner Transportation, Earnings, LTL, Truckload
November 1, 2014 - Industry News
The U.S. Equal Employment Opportunity Commission filed a lawsuit last week against Panama, Iowa-based trucking company Panama Transfer, saying it violated federal law by allowing a female dock worker to be sexually harassed and then firing her for resisting that harassment.
Tags: Fleets, Litigation, Equal Employment Opportunity Commission, EEOC
October 31, 2014 - Industry News
Trucking operation YRC Worldwide turned its business around in the third quarter of the year, going from a $44.1 million net loss a year ago to a net profit of $1.2 million.
Tags: Fleets, Earnings, YRC Worldwide, YRC Freight
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