March 10, 2014
The private equity investment firm Wind Point Partners has purchased a majority stake in Dicom Transportation Group, the Canadian parent to several trucking operations.
A new law takes effect Tuesday in New York state that some describe as the most stringent of any state when it comes to truck drivers and other transportation workers who have been wrongly classified as independent contractors rather than employees.
March 6, 2014
Shareholders of the less-than-truckload carrier Vitran have approved an earlier announced sale to fellow Canadian trucking operation TransForce.
March 5, 2014
New YRC Freight president Darren Hawkins is shaking up things with the less-than-truckload carrier by reorganizing its management.
Less-than-truckload carrier ABF Freight System will increase general rates and charges effective March 24.
March 3, 2014
FedEx Freight will increase shipping rates by an average of 3.9%, effective March 31.
A former comptroller for a Missouri trucking company pleaded guilty last week to stealing more than $4.9 million from his employer and could face up to 30 years in prison.
February 27, 2014
The parent to several trucking companies including YRC Freight managed to squeeze out a profit in the final quarter of last year, but still lost money for all of 2013.
February 26, 2014
Echo Global Logistics has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.
Trial has been set for next year involving a household goods mover alleging hundreds of millions in fraud over shipments of military personnel belongings.
The parent company to chemical bulk hauler Quality Carriers and intermodal tank container carrier Boasso America reported a loss in the final quarter of 2013 following a profit a year earlier.
February 25, 2014
A little more than half a dozen lawsuits alleging fuel rebate fraud still pending against the truckstop chain Pilot Flying J may be consolidated as soon as next month.
February 24, 2014
Asset-light trucking and logistics services providers Roadrunner Transportation System has announced it has acquired Rich Logistics, a provider of truckload and expedited services based in Little Rock, Ark.
The Connecticut-based operation reported total revenue skyrocketed to $702.3 million in 2013 from $278.6 million in 2012, but it losses jumped to $48.5 million from $20.3 million during the same time
February 21, 2014
The Idaho Supreme Court has overturned an earlier decision classifying trucking company owner-operators as employees.
February 20, 2014
The Port of Virginia has announced the formation of the Motor Carrier Task Force to focus on issues at the state-controlled marine terminals that are affecting the ability of truck drivers to efficiently move cargo in and out of the terminals.
February 14, 2014
The parent to several trucking companies YRC Worldwide has announced it has closed on the financing of a new $700 million term loan and a $450 million asset-based loan.
Less-than-truckload carrier Averitt Express started offering this month climate-controlled services in self-contained, self-powered LTL shipping units. These units can be combined with dry cargo and other climate controlled units.
February 13, 2014
Truckload linehaul rates paid in January increased 2.9% from the same time a year earlier, resulting in the largest year-over-year increase in linehaul rates since last February.
February 12, 2014
New research examining the safety impact of simulator training for truck drivers concludes it provides benefits for only up to a year.
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