Operations: Page 35
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Provided by ZS Fund.
ZS Fund acquires Lily Transportation
The private equity firm’s combined trucking business with Transervice Logistics will employ over 1,750 drivers.
By Larry Avila • July 18, 2023 -
Permission granted by XPO
XPO adds 46 doors in Atlanta area
The expansion is part of a broader plan to add 900 doors to its North American network by 2024.
By David Taube • July 18, 2023 -
Provided by Redwood Logistcs
Redwood Logistics continues expansion streak with acquisition of Rockfarm Supply Chain Solutions
The Chicago-based logistics provider's latest deal is its fourth purchase since 2019.
By Larry Avila • July 17, 2023 -
Retrieved from Colonial Wholesale Distributing.
National Convenience Distributors acquires Colonial Wholesale
The deal extends NCD's reach into Florida, helping it reach 24,000 retailers up and down the East Coast.
By Brett Dworski • July 17, 2023 -
vitpho via Getty Images
SMGI acquires Barnhart Transportation
The deal includes a suite of six businesses providing a range of services, including truckload, LTL and intermodal offerings.
By Larry Avila • July 14, 2023 -
Permission granted by Benita Taube
US Xpress leaders take new roles under Knight-Swift
Despite changes at the very top, Knight-Swift is retaining some longtime U.S. Xpress executives to run operations and staffing.
By David Taube • July 14, 2023 -
Permission granted by Love's
Love’s names new chief supply chain officer
Eddie Burt, former executive for Big Lots Stores, joined the travel center chain last week, a company spokesperson confirmed.
By Brett Dworski • July 14, 2023 -
Larry Avila/Trucking Dive
Shippers should plan now for a carrier market rebound, experts say
Excess capacity isn't likely to last long, and firms are slashing supply chain costs to prepare.
By Larry Avila • July 13, 2023 -
THEPALMER via Getty Images
Average operational cost of trucking surpassed $2 per mile in 2022: ATRI
Fuel, driver wages and equipment pushed costs to their highest levels on record, according to the American Transportation Research Institute.
By Colin Campbell • July 12, 2023 -
Provided by CFI
CFI president retiring from post
Longtime trucking executive Greg Orr is leaving the role he has held since 2018 on July 15.
By Larry Avila • July 11, 2023 -
Permission granted by Gatik
Q&AHow partnerships tie into Gatik’s view on middle-mile autonomy
The AV company’s Class 6 driverless box trucks are replacing Class 8 trucks in short-haul logistics, a spokesperson said.
By David Taube • July 11, 2023 -
Courtesy of Yellow
Yellow gets loan waiver from Treasury
The LTL carrier put the proceeds of its $80 million Compton terminal sale toward paying off its debt.
By Colin Campbell • July 10, 2023 -
Retrieved from Love's.
Love’s debuts truck washing service
The retailer has opened its first two locations in Missouri and Oklahoma, with two more on the way.
By Brett Dworski • July 10, 2023 -
halbergman via Getty Images
Dupré Logistics acquires Florida-based broker
The acquisition of Interstate Transport strengthens the 3PL’s food and beverage logistics capabilities.
By David Taube • July 7, 2023 -
Permission granted by Pilot Co.
Pilot’s tire monitoring program grows beyond expectations
The system, in partnership with Bridgestone, uses sensors to check tire pressure, temperature and more, and warns managers of potential problems.
By Jessica Loder • July 7, 2023 -
Provided by Yellow Corp.
Freight diversions from Yellow have begun: report
Some shippers are sending their loads to other LTL carriers over concerns about the company's future, TD Cowen analysts say.
By Colin Campbell • July 6, 2023 -
Permission granted by Benita Taube
Knight-Swift operating margins take a hit amid sluggish demand
The carrier expects consolidated operating margins will decrease 11 to 12 percentage points from what it expected for the quarter YoY.
By David Taube • July 5, 2023 -
Courtesy of Old Dominion Freight Line
Old Dominion board member retires
Patrick Hanley, an Overnite Transportation alum, served on the board since 2016.
By Colin Campbell • July 5, 2023 -
Justin Sullivan/Getty Images via Getty Images
FedEx Freight expects further volume, margin pressures through August
Amid a market downturn, the LTL is focused on maintaining pricing discipline.
By Max Garland • June 30, 2023 -
David Taube/Trucking Dive
US Xpress votes to approve Knight-Swift acquisition
On Monday, U.S. Xpress filed a delisting notice, and its stock stopped trading on the New York Stock Exchange.
By David Taube • Updated July 5, 2023 -
Courtesy of TuSimple
TuSimple explores selling its US operations
The autonomous trucking company could shift its focus to the Asia-Pacific market if it shutters domestic operations.
By David Taube • June 29, 2023 -
David Ryder/Getty Images via Getty Images
Q&AWashington Trucking Associations’ head talks driver restroom access
President and CEO Sheri Call called a new state law "an opportunity for basic human dignity."
By Colin Campbell • June 29, 2023 -
Courtesy of Yellow
Treasury’s $700M loan to Yellow was a mistake, report finds
The congressional report recommends the government “immediately explore” selling its 15.9 million shares of Yellow stock by Jan. 1.
By Colin Campbell • June 28, 2023 -
Алексей Филатов via Getty Images
Inflation, consumer goals are obstacles for summer beverage spending
Despite the challenges, consumer spending could help the market this summer, one executive said.
By David Taube • June 28, 2023 -
Courtesy of Yellow
Yellow sues Teamsters for $137M — and ‘to save itself’
The lawsuit alleges the union is putting 30,000 jobs “in serious jeopardy” by blocking the One Yellow network changes.
By Colin Campbell • June 27, 2023
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