Business

Experts expect M&A in the transportation and logistics industry to thrive in 2023

Despite choppy economic waters in 2022, many M&A deals got done, and that trend is expected to continue in 2023, though the size and structure of deals will differ, along with a shift in the types of company profiles targeted for acquisition.

February 5, 2023

Jones Logistics acquiring Nationwide Express

Mississippi-based Jones Logistics announced it is acquiring 100-truck Nationwide Express. Also: TEC Equipment's Portland location is now a Mack and Volvo Certified EV Dealership; six fleets petition FMCSA for waiver to allow flashing brake lights

February 3, 2023

Jones Logistics truck

ATA's Spear talks congestion, driver shortage, more at Congressional hearing

ATA President and CEO was on a panel of industry reps during a hearing Wednesday of the House Transportation and Infrastructure Committee. Spear outlined some of trucking's biggest headwinds, including highway congestion, parking and more.

February 2, 2023

ATA President and CEO Chris Spear

R.E. Garrison acquires Georgia-based produce hauler

Boaty's Transport will continue to operate under its own name under the R.E. Garrison umbrella. The acquisition of Boaty’s will bring with it more than 50 tractors and 80 refrigerated trailers.

January 26, 2023

R.E. Garrison truck

Becoming more attractive to modern shippers

Carriers that can confidently answer questions about labor, sustainability and location will be the most desirable for shippers moving forward.

January 25, 2023

Idelic launches Idelic Insurance Agency to offer coverage for commercial fleets

The company provides customizable insurance for commercial fleets based on their adoption and results from using the Idelic Program, which includes Safety Suite and Driver Safety Playbook that provides proactive risk insights.

January 23, 2023

Resolve to run your business by the numbers

The revamped TCA Profitability Program has successfully brought carrier members together to benchmark their performance based on their actual operating ratios and key performance indicators (KPIs) for more than 20 years.

January 23, 2023

accountant using calculator

U.S. Xpress names Julie Van de Kamp president of dedicated

Van de Kamp – now in a role that has mostly been attended by men – attributes much of her career success to her experiences as a woman within an organization that fosters diversity and inclusivity.

January 20, 2023

Julie Van de Kamp

Fuel haulers in eight states get hours of service relief

A refinery shutdown in Colorado prompted a regional emergency declaration from FMCSA. Also: Small aggregates hauler acquired; Nikola launches hydrogen mobile fueler; Navistar names new senior VP; Volvo invests in autonomy; Ascend CEO recognized.

January 20, 2023

Trucking conditions, while improved, remained negative in November

FTR's Trucking Conditions Index showed slight improvement in November. Also: Schneider gets eCascadia in SoCal intermodal operations; FMCSA denies driver's HOS exemption request; Mack unveils refreshed Granite model; Estes opens new Texas terminal.

January 19, 2023

FTR Trucking Conditions Index November 2022

2022 saw significant uptick in cargo theft activity

CargoNet reports a 15% y/y increase in supply chain risk events, a 17% increase in truck and/or trailer theft and a 20% increase in cargo theft. Also: U.S. Xpress' Eric Fuller appointed to Fed branch board; used container seller expands to Canada.

January 13, 2023

What should carriers expect from dry van and reefer rates in 2023?

After a turbulent year for many carriers working the spot market, it's time to look ahead further into 2023 to get an idea of where rates might go as the year progresses.

January 12, 2023

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Trucking strategies to keep your freight business moving

Moving freight through the supply chain has been challenging for several years – a trend likely to continue for the foreseeable future.

January 11, 2023

Speeding truck on the highway

FedEx Freight expanding e-commerce returns service

The company is expanding its FedEx Freight Direct e-commerce offering for returns of big and bulky items. Also: HOS regs suspended for certain fuel haulers in four states; EV charging station operator partners with EV maintenance company; more.

January 11, 2023

FedEx Freight truck

ATS Logistics acquired by Charleston port behemoth

ATS will operate as part of the Harbor Logistics platform, the market leader in warehouse and drayage capabilities in the Charleston market.

January 5, 2023

ATS Logistics trailers

Three fleets make acquisition moves

Three fleets in various segments announce expansions. Also: C.H. Robinson CEO Bob Biesterfeld is out. He'd been in that role since 2019 and with the company for 24 years.

January 5, 2023

Tradition Transportation Group trucks

Forward Air expands LTL capabilities with acquisition of Kentucky expediter

Headquartered in Bowling Green, Kentucky, Land Air Express offers a variety of services, including guaranteed, standard, exclusive, same day, hot shot and pickup and delivery.

January 4, 2023

Forward Air semi

FMCSA proposing new broker, freight forwarder financial responsibility regs

The proposals would ultimately benefit motor carriers, FMCSA said, by making sure brokers and freight forwarders maintain $75,000 in financial security and allowing FMCSA to suspend brokers' authority if not maintained.

January 4, 2023

Trailer backing to a dock

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driver inspecting a diesel engine

Setting up a preventive maintenance workflow

As a fleet manager, implementing a preventive maintenance solution can be one of the most effective ways to improve productivity, efficiency and safety.

artificial intelligence interacts with a human

The internet's smartest chatbot might never be OEM certified

ATA President and CEO Chris Spear

ATA's Spear talks congestion, driver shortage, more at Congressional hearing

Freightliner SuperTruck II

Freightliner debuts second SuperTruck

FirstFleet trailers

FirstFleet creates nextgen in-cab driver experience

Get all the info on the top 250 trucking companies in America

View, sort and download the trucking industry’s most comprehensive ranking of for-hire carriers in North America, based on a blend of metrics including fleet size, annual revenue and number of drivers.

Prevent Accidents From Costing You Your Business

Find out how blind spot camera systems & mobile DVRs change the future of liability-prone fleets by preventing accidents and establishing accountability.