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ZS Fund acquires Lily Transportation
The private equity firm’s combined trucking business with Transervice Logistics will employ over 1,750 drivers.
By Larry Avila • July 18, 2023 -
XPO adds 46 doors in Atlanta area
The expansion is part of a broader plan to add 900 doors to its North American network by 2024.
By David Taube • July 18, 2023 -
Trendline
Top 5 stories from Trucking Dive
These five stories detail the top trends and issues facing the trucking and transportation industry.
By Trucking Dive staff -
Redwood Logistics continues expansion streak with acquisition of Rockfarm Supply Chain Solutions
The Chicago-based logistics provider's latest deal is its fourth purchase since 2019.
By Larry Avila • July 17, 2023 -
National Convenience Distributors acquires Colonial Wholesale
The deal extends NCD's reach into Florida, helping it reach 24,000 retailers up and down the East Coast.
By Brett Dworski • July 17, 2023 -
SMGI acquires Barnhart Transportation
The deal includes a suite of six businesses providing a range of services, including truckload, LTL and intermodal offerings.
By Larry Avila • July 14, 2023 -
US Xpress leaders take new roles under Knight-Swift
Despite changes at the very top, Knight-Swift is retaining some longtime U.S. Xpress executives to run operations and staffing.
By David Taube • July 14, 2023 -
Love’s names new chief supply chain officer
Eddie Burt, former executive for Big Lots Stores, joined the travel center chain last week, a company spokesperson confirmed.
By Brett Dworski • July 14, 2023 -
Shippers should plan now for a carrier market rebound, experts say
Excess capacity isn't likely to last long, and firms are slashing supply chain costs to prepare.
By Larry Avila • July 13, 2023 -
Average operational cost of trucking surpassed $2 per mile in 2022: ATRI
Fuel, driver wages and equipment pushed costs to their highest levels on record, according to the American Transportation Research Institute.
By Colin Campbell • July 12, 2023 -
CFI president retiring from post
Longtime trucking executive Greg Orr is leaving the role he has held since 2018 on July 15.
By Larry Avila • July 11, 2023 -
Q&A
How partnerships tie into Gatik’s view on middle-mile autonomy
The AV company’s Class 6 driverless box trucks are replacing Class 8 trucks in short-haul logistics, a spokesperson said.
By David Taube • July 11, 2023 -
Yellow gets loan waiver from Treasury
The LTL carrier put the proceeds of its $80 million Compton terminal sale toward paying off its debt.
By Colin Campbell • July 10, 2023 -
Love’s debuts truck washing service
The retailer has opened its first two locations in Missouri and Oklahoma, with two more on the way.
By Brett Dworski • July 10, 2023 -
Dupré Logistics acquires Florida-based broker
The acquisition of Interstate Transport strengthens the 3PL’s food and beverage logistics capabilities.
By David Taube • July 7, 2023 -
Pilot’s tire monitoring program grows beyond expectations
The system, in partnership with Bridgestone, uses sensors to check tire pressure, temperature and more, and warns managers of potential problems.
By Jessica Loder • July 7, 2023 -
Freight diversions from Yellow have begun: report
Some shippers are sending their loads to other LTL carriers over concerns about the company's future, TD Cowen analysts say.
By Colin Campbell • July 6, 2023 -
Knight-Swift operating margins take a hit amid sluggish demand
The carrier expects consolidated operating margins will decrease 11 to 12 percentage points from what it expected for the quarter YoY.
By David Taube • July 5, 2023 -
Old Dominion board member retires
Patrick Hanley, an Overnite Transportation alum, served on the board since 2016.
By Colin Campbell • July 5, 2023 -
FedEx Freight expects further volume, margin pressures through August
Amid a market downturn, the LTL is focused on maintaining pricing discipline.
By Max Garland • June 30, 2023 -
US Xpress votes to approve Knight-Swift acquisition
On Monday, U.S. Xpress filed a delisting notice, and its stock stopped trading on the New York Stock Exchange.
By David Taube • Updated July 5, 2023 -
TuSimple explores selling its US operations
The autonomous trucking company could shift its focus to the Asia-Pacific market if it shutters domestic operations.
By David Taube • June 29, 2023 -
Q&A
Washington Trucking Associations’ head talks driver restroom access
President and CEO Sheri Call called a new state law "an opportunity for basic human dignity."
By Colin Campbell • June 29, 2023 -
Treasury’s $700M loan to Yellow was a mistake, report finds
The congressional report recommends the government “immediately explore” selling its 15.9 million shares of Yellow stock by Jan. 1.
By Colin Campbell • June 28, 2023 -
Inflation, consumer goals are obstacles for summer beverage spending
Despite the challenges, consumer spending could help the market this summer, one executive said.
By David Taube • June 28, 2023 -
Yellow sues Teamsters for $137M — and ‘to save itself’
The lawsuit alleges the union is putting 30,000 jobs “in serious jeopardy” by blocking the One Yellow network changes.
By Colin Campbell • June 27, 2023