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Canadian supply chain solutions company VersaCold Logistics Services has agreed to acquire Coastal Pacific Xpress, a large refrigerated carrier based in British Columbia.
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Truckload rates grew at a weaker pace for the fifth consecutive month in January, according to newly released numbers, while intermodal rates are expected to continue a drop that started a year ago.
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Truckload and logistics provider Werner Enterprises is increasing pay for its 48-state solo-van company drivers, effective Jan. 1, 2016, the company has announced.
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Data solutions provider SMC³ has acquired Maryland-based fleet management software companyTransportation Costing Group.
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Driver turnover at large truckload fleets rose to an annualized rate of 87% in the second quarter of 2015. Despite the increase it is below recent averages.
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C.R England has announced the hiring of industry veteran Kirk Freimuth as president of the company’s dedicated division.
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One of Celadon Groups subsidiaries has purchased select assets of the truckload business of Tango Transport, a Louisiana-based carrier.
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Rising equipment costs and driver wages led to an increase in operational costs in 2014, according to a comprehensive report from the American Transportation Research Institute.
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Truckload giant Swift Transportation increased its second quarter profit by more than 20% from a year ago despite an overall downturn in revenue.
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A measure of truckload rates shows it hitting an all-time high in March, increasing 5.1% from the same time a year ago.
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