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A. Duie Pyle Reopens Ex-Yellow Terminals

A. Duie Pyle in a fast start to 2025 set in motion plans to open four new less-than-truckload terminals.

January 17, 2025

Fleets Turn to Remanned Parts to Reduce Operating Costs

The impact of a three-year freight recession and consistently rising costs is providing both opportunity and challenge for truck parts remanufacturers in the dubbed 鈥渞eman鈥 market.

January 13, 2025

Forward Air Probes Sale, Merger, Divestment Options

Forward Air鈥檚 board will undertake a review of the asset-light transportation and logistics services provider鈥檚 strategic alternatives, including a sale of the company and other options.

January 8, 2025

Atlas Acquires Canadian Customs Specialist Orbit Brokers

Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.

January 7, 2025

Pitt Ohio Buys LTL Carrier Sutton Transport

Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.

January 7, 2025

Why 2025 Could Be the Year of the Corporate Spinoff

Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.

January 6, 2025

Health Care Business Becomes $20 Billion Lifeline for UPS

UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.

January 6, 2025

FedEx Freight Spinoff Draws Positive Analyst Reactions

Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.

December 23, 2024

FedEx Details Planned Changes During Q2 2025 Earnings

The Memphis, Tenn.-based transportation services company on Dec. 19 reported net income of $740 million, or $3.03 a diluted share, for the three months ending Nov. 30.

December 19, 2024