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Mexico Border Wait Times Spike as Trump's Threats Slow Traffic

The southern border isn’t closed, but already it’s a mess for trucks hauling goods from Mexico to the United States, snarling traffic at some of the busiest frontier crossings in the world.

April 8, 2019

Old Dominion Freight Line Unveils Interactive Signage at Mets’ Citi Field

Old Dominion Freight Line is upping its advertising game this season with the New York Mets. The company partnered with Chicago-based Czarnowski to create a three-dimensional replica of an ODFL tractor-trailer at Citi Field.

April 4, 2019

Cynosure Invests in Visible Supply Chain Management

Visible Supply Chain Management has received an unspecified equity investment in its business from The Cynosure Group, an investment firm controlled by the Eccles family in Salt Lake City, according to a statement released April 3.

April 4, 2019

Trump Threatens Car Tariffs on Mexico Over Drug Flow Across Border

President Donald Trump retreated from threats to immediately close the border with Mexico over migration, instead abruptly pivoting April 4 to a new demand: that the Mexican government stop the flow of illegal drugs into the U.S. within a year or face car tariffs.

April 4, 2019

XPO Logistics to Launch Enhanced Last-Mile Capabilities Online

XPO Logistics Inc. will launch expanded last-mile capabilities on its XPO Connect digital freight marketplace, company officials said.

April 4, 2019

Carmakers Sell More to Rental Companies as Retail Demand Weakens

Stronger-than-expected new car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.

April 4, 2019

Tech Investor Iconiq Buys Majority Share of Truckstop.com

A private equity firm known for investing in tech companies such as Uber and SurveyMonkey has made a significant investment in Truckstop.com, an Idaho-based load board and freight-matching service, continuing the trend of private investment dollars flowing into trucking tech firms.

April 4, 2019

Investment Firm Regains Ownership of GlobalTranz

GlobalTranz Enterprises has struck a deal with Providence Equity Partners to acquire the business from The Jordan Co. in a move designed to provide additional financial support for the company’s aggressive growth strategy.

April 4, 2019

Industry Objects to Plan to Privatize Military Moves

A plan to turn over responsibility for household-goods moves for military personnel to a single third-party transportation manager is running into opposition from industry leaders who say the idea is flawed and won’t rectify the problems U.S. Transportation Command said it wants to address.

April 3, 2019

Bison Transport Acquires H.O. Wolding as Canadian Firms Eye US Expansion

Bison Transport Inc. acquired Amherst, Wis.-based H.O. Wolding Inc., a 320-truck dry van fleet, marking a further expansion by the Winnipeg, Manitoba-based trucking firm into the United States.

April 3, 2019