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Yellow, Pension Funds' Claims Battle to Extend Through Q1

Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.

December 17, 2024

Estes, 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, 2024

Cyber Monday Shoppers Expected to Set a Record

Adobe Analytics expects consumers to spend a record $13.2 billion on Dec. 2, 6.1% more than last year. That would make it the season’s — and the year’s — biggest shopping day for e-commerce.

December 2, 2024

Trucking 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, 2024

Kenan 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, 2024

Roadrunner Owner Sells Majority Stake to CEO Jamroz, Partner

A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.

November 25, 2024

Schneider 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

UPS Settles With SEC Over Freight Business Valuation

UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.

November 22, 2024

A Cybersecurity Playbook for Trucking in 2025

With another year of hacker break-ins looming before us, now is a great time to evaluate cybersecurity for your trucking business to ensure that you’re using the latest technology to keep cybercriminals at bay.

November 22, 2024