FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.
December 19, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Amazon Workers Strike at Seven Facilities Nationwide
The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines after Amazon ignored a Dec. 15 deadline the union set for contract negotiations.
December 19, 2024Walmart Stock Soars 82% in 2024, Leading Retail Industry
Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
December 18, 2024Fleets Navigate the Challenges of Driver Acceptance of ADAS
Trucking experts say getting drivers to buy in to advanced driver assistance systems technology is key to making sure it is being correctly used.
December 13, 2024Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals
Estes Express Lines and an affiliate of R+L Carriers are to buy more terminals from the administrators of bankrupt former less-than-truckload rival Yellow, according to a court filing.
December 12, 2024Trucking, Logistics Experience Another Strong Holiday Season
The National Retail Federation reported that a near-record 197 million people shopped between Thanksgiving and Cyber Monday.
December 12, 2024GXO CEO Wilson to Step Down as Company Spurns Sale Offers
GXO Logistics announced Dec. 3 that CEO Malcolm Wilson plans to retire in 2025, but he will continue to lead the company during the search for a successor.
December 3, 2024Trucking CFOs, Leaders Eye 2025 Recovery With Tight Budgets
Carriers are grappling with a tough freight market, relying on cost-cutting measures, operational efficiency and strategic revenue opportunities to stay ahead.
December 2, 2024Kenan Advantage Expands Dry Bulk With Two November Deals
North Canton, Ohio-based KAG has expanded its dry bulk transportation services with two acquisitions, strengthening its logistics capabilities across North America.
November 25, 2024Schneider Acquiring Cowan Systems in $390 Million Deal
Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.
November 25, 2024