Operations: Page 45
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ysuel via Getty Images
Capacity, labor constraints fuel trucking M&A race
“If you want to grow, the strategic way to do that is to go acquire other companies,” Heartland Express CFO Chris Strain said.
By Colin Campbell • July 5, 2022 -
Justin Sullivan/Getty Images via Getty Images
FedEx targets empty miles with Network 2.0 plan
The LTL company working more closely with FedEx Ground will be a critical component in their parent company’s pursuit of more streamlined operations.
By Max Garland • July 5, 2022 -
Explore the Trendline➔
valio84sl via Getty Images
TrendlineTop 5 stories from Trucking Dive
These five stories detail the top trends and issues facing the trucking and transportation industry.
By Trucking Dive staff -
Courtesy of Navistar
Motive, Navistar partner to boost fleet visibility
The collaboration will give businesses new insight into vehicle location, engine hours, and tire pressure.
By David Taube • June 30, 2022 -
Scott Olson via Getty Images
BNSF limits diesel, DEF shipments to California as congestion worsens
The slowdown in fuel-related shipments comes as prices at the pump reach record heights.
By Sarah Zimmerman • June 29, 2022 -
Courtesy of Covenant Logistics
Covenant Logistics seeks new buyer after $45M California terminal sale goes awry
The company is in “active discussions with other potential buyers but does not currently have an agreement to sell the terminal,” it said.
By Colin Campbell • June 29, 2022 -
Joe Raedle via Getty Images
EPES Logistics Services acquires freight brokerage A Cooper Logistics
EPES said staff retention was a critical component of the deal.
By David Taube • June 28, 2022 -
FedEx Freight's operating profit surges despite drop in shipments
LTL providers have gained greater pricing discipline in recent years and are careful not to overbuild capacity, FedEx CFO Mike Lenz said.
By Max Garland • June 27, 2022 -
Courtesy of USA Truck
DB Schenker acquires USA Truck for $435M
The deal would give DB Schenker significant trucking assets in the U.S., and take USA Truck into private hands.
By Edwin Lopez , Sarah Zimmerman • Updated June 24, 2022 -
Courtesy of Ryder System
Ryder expands freight brokerage footprint with Nashville office
Two more locations are set to open in 2023, likely in the Western U.S., a spokesperson told Transport Dive.
By Colin Campbell • June 23, 2022 -
(Photo by Justin Sullivan/Getty) via Getty Images
Chassis returns taking 3 times longer than pre-pandemic: TRAC Intermodal
The company grew its Oakland fleet 2% YoY in a tight market as equipment supply struggles to meet demand.
By Colin Campbell • June 21, 2022 -
"P.A.M. Transport Truck in Indianapolis" by Luke Coyle is licensed under CC BY-SA 3.0
P.A.M. Transportation buys Metropolitan Trucking for $77.4M
The acquisition adds 320 trucks and 1,060 trailers, primarily operating in the Northeastern U.S.
By Max Garland • June 16, 2022 -
George Frey via Getty Images
FMCSA seeks comment on definitions of broker, bona fide agent
Stakeholders have until July 11 to submit comments for the review, which was required by the federal infrastructure law.
By Colin Campbell • June 15, 2022 -
Permission granted by Chewy
Chewy expands in-house freight service to cover 7 fulfillment centers
The retailer is eyeing a long-term expansion for its linehaul initiative, CEO Sumit Singh said.
By Max Garland • June 14, 2022 -
Retrieved from Google on June 10, 2022
Hot California real estate market drove Heartland Express terminal sale
CFO Chris Strain said the carrier initially didn't want to sell the facility in Rancho Cucamonga, "but the price just kept getting better and better."
By Max Garland , Colin Campbell • June 10, 2022 -
shotbydave via Getty Images
Driver poaching more common in tight labor market
Carriers need to stay wary of losing their own workforce to competitors and incentivize drivers to stay.
By Amanda Loudin • June 9, 2022 -
Courtesy of Schneider National
Schneider buys Wisconsin-based regional paper carrier deBoer
The acquisition will add hundreds of tractors and trailers to Schneider's portfolio.
By Colin Campbell • June 8, 2022 -
Courtesy of Ryder
Ryder rejects $4.4B private equity takeover attempt
HG Vora Capital Management's offer "was not indicative of the value of our company," CEO Robert Sanchez told investors.
By Colin Campbell • June 7, 2022 -
George Frey via Getty Images
CR England data breach compromised Social Security numbers
Personal information was accessed, but the trucking company does not believe it was shared. Still, the incident could prove costly.
By Edwin Lopez • June 6, 2022 -
(Photo by Justin Sullivan/Getty Images) via Getty Images
Chassis constraints at Port of Oakland leave trucks on their own
The chassis pit has reopened as of Tuesday, but TraPac noted availability remains limited.
By Colin Campbell • Updated June 8, 2022 -
Heartland Express buys Smith Transport for $170M
The deal marks Heartland's second major acquisition of a dry van TL carrier in the past three years.
By Colin Campbell • June 1, 2022 -
Courtesy of Sysco
Sysco moves drivers to 4-day workweek in bid to improve retention
The food distributor will also be delivering six days a week to improve asset utilization.
By Max Garland • May 31, 2022 -
Courtesy of Schneider
Schneider targets intermodal growth as rail-to-truck conversion accelerates
The carrier is working to double the size of its intermodal operation even as rail service challenges push more shippers to rely on trucks.
By Sarah Zimmerman • May 25, 2022 -
Courtesy of XPO Logistics
XPO's new pricing platform helped raise contract rates
Technology helped the carrier reduce manual tasks for its pricing experts by 80%, and it paid off with an 11% rate increase on contract renewals.
By Edwin Lopez • May 24, 2022 -
1933bkk via Getty Images
ColumnCarriers should be weary of cost creep when working with intermediaries
Third-party relationships can bring added administrative, claims and other expenses that executives should consider.
By Lanny Fleming • May 23, 2022 -
Courtesy of Old Dominion Freight Line via Business Wire
Old Dominion could exceed $300M network expansion budget as costs rise
The LTL carrier's CEO cited heightened real estate and materials prices as contributing factors.
By Colin Campbell • May 23, 2022
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