Yellow saga: Trucking industry leaders react to the LTL firm’s turmoil

Forward Air CEO says “the bottom is behind” the LTL segment and it may recover faster with Yellow out.

By Colin Campbell , David Taube , Larry Avila • July 21, 2023

Luminus Management acquires Jaguar Transportation

The Mexico-based carrier focuses on supporting cross-border import and export trade with the U.S.

By Larry Avila • July 21, 2023

Explore the 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

Yellow blames Teamsters for its inability to make pension payments

The union fired back that saving the company is not its members' responsibility.

By Colin Campbell • July 20, 2023

JB Hunt Q2 revenue falls 18% in weak freight market

Carrier executives say a normal freight peak during the second half of the year is unlikely.

By Larry Avila • July 19, 2023

Teamsters threaten strike at Yellow over pension payments

A work stoppage could begin Sunday if the LTL carrier does not pay the $50 million it owes to the Central States benefits and pension plans, the union said.

By Colin Campbell • July 19, 2023

General Mills boosts truckload use to optimize logistics

The company is also increasing its digitization and warehouse automation efforts to fix a sub-optimized network.

By Alejandra Carranza • July 19, 2023

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

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

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