In a financial development that shocked the trucking industry, 101-year-old New England Motor Freight and 10 related subsidiaries (including truckload giant Eastern Freightways) voluntarily filed…
Posts published in “News, Logistics, 3PL, Transportation, Motor Freight,”
In advance of today’s House Committee on Transportation and Infrastructure’s (T&I) first full committee hearing of the 116th Congress, which is addressing the current state…
Taking a cue from its corporate sibling, the ubiquitous, ride-sharing service Uber, Uber Freight, the company’s app that matches trucking companies with loads to haul,…
Chattanooga, Tennessee-based truckload and full-service freight transportation provider U.S. Xpress recently announced that it plans to formally divest its U.S.-Mexico cross-border investment. The company said…
The ATA’s advanced seasonally-adjusted (SA) For-Hire Truck Tonnage Index for December, at 111.9 dropped 4.3% compared to November’s 116.9 reading, whose sequential change compared to…
Mixed economic signals are proving to be somewhat of a Rorschach Test for shippers trying to gauge freight demand levels heading into the strongest part…
YRC Worldwide, which controls the fourth- and eighth-largest less-than-truckload (LTL) units with its long-haul and regional trucking companies, is offering an early peak into its…
For November, the most recent month for which data is available, the TCI rose 2.67% to 5.84 compared to October’s 3.17 reading. Source: logistics Mgmt
For October, the most recent month for which data is available, the TCI reading was 3.17, which is more than a point down from August’s…
Seattle-based Convoy, a digital freight technology-enabled network, recently announced it secured $185 million in Series C funding. Source: logistics Mgmt