The Latest
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Michelle Rock/Trucking Dive
Trucks, trailers, tonnage: What transport data says about the state of the industry
Dry van spot rates held steady after Labor Day, bucking a seasonal trend, DAT reported.
Updated Sept. 21, 2023 -
Colin Campbell/Trucking Dive
Estes approved as stalking horse bidder for Yellow’s terminals
The privately owned LTL carrier outbid Old Dominion Freight Line, setting a floor valuation of $1.525 billion for the properties.
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Spencer Platt/Getty Images via Getty Images
FedEx gains volume from UPS labor talks, Yellow bankruptcy in Q1
The carrier added 400,000 more packages a day by August's end as shippers fretted over a potential UPS strike.
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Provided by Garner Trucking
Opportunities abound for women in trucking. Just ask these 2 entrepreneurs
The chiefs of Garner Trucking and UFL Services told Trucking Dive they hope their success can inspire other women in the field.
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Joe Raedle/Getty Images via Getty Images
Coyote Logistics promotes CFO to CEO
Sandeep Pisipati takes the reins from Jonathan Sisler, who is leaving to pursue other opportunities, according to the company.
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Provided Yellow Corp.
Wisconsin brokerage scoops up Yellow Logistics leaders
Valley Companies hired a pair of Yellow brokerage veterans to expand its expedited and project management offerings.
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Retrieved from GAO.
FMCSA promotes ‘savvy, steadfast strategist’ to chief safety officer
Sue Lawless most recently directed the agency’s Motor Carrier, Driver and Vehicle Standards Division.
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Edwin Lopez/Trucking Dive
Estes bid for Yellow terminals comes with a sweetener
Thirty days of free parking while the bankrupt carrier’s equipment is removed has an estimated value of $10 million.
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Third parties can be liable for employment discrimination, California court rules
The state supreme court's unanimous decision also has implications for employers who utilize outside providers to assist with the hiring process.
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Michael Warren via Getty Images
Carrier exits slow in August, signaling silver lining
Compared to July, 24% fewer carriers exited the marketplace in August, according to an industry report.
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Mario Tama via Getty Images
FMC asks shippers, transportation providers to weigh in on data initiative
Questions for stakeholders focus on data-sharing and the costs of current constraints.
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vitpho via Getty Images
Strong used truck sale activity hints at market shifts
Equipment prices, shipper inventory, Yellow's bankruptcy and broader trucking conditions all factor in to the outlook for equipment sales in the coming months.
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THEPALMER via Getty Images
Estes to acquire Minneapolis-based brokerage
The deal for Superior Brokerage Services is expected to double Estes Forwarding Worldwide's annual revenue.
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Getty Images via Getty Images
Inflation exceeds forecasts as fuel prices surge
Despite rising price pressures, futures traders believe the Federal Reserve will forgo a rate hike after this week’s monetary policy meeting.
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Retrieved from Secretary Pete Buttigieg on Twitter.
Truck parking projects among $80M in highway safety grants
The awards are part of a 65% increase in truck parking funding over last year, according to the FMCSA.
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Retrieved from T&I Committee on YouTube.
Congress holds AV truck hearing during Driver Appreciation Week
ATA CEO Chris Spear told lawmakers "displacement is a myth" and the technology will help address a driver shortage.
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Edwin Lopez/Trucking Dive
Estes raises offer for Yellow terminals to $1.525B
The privately owned LTL carrier is in a bidding war with Old Dominion Freight Line for the properties.
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Permission granted by Dollar General
Dollar General to grow private fleet to 2K trucks by year’s end
The discount retailer’s private fleet now handles nearly half of its outbound transportation needs.
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David Taube/Trucking Dive
Werner CEO notes caution with M&A in current environment
The company is putting a pause on M&A, Derek Leathers said this week at the Morgan Stanley 11th Annual Laguna Conference.
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Thai Phi Le/Trucking Dive
A. Duie Pyle opens terminal in West Virginia
The LTL carrier launched service for the state last year from its Virginia, Pennsylvania and Maryland facilities.
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Retrieved from Vedder Transportation Group on Facebook on September 07, 2023
TFI acquires food tanker carrier
Vedder Transportation Group is the Canada-based freight giant's ninth acquisition this year.
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California’s Senate passes bill to restrict autonomous trucks
The measure could require a safety operator onboard heavy AVs for years.
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Courtesy of Yellow
Yellow adds 2 board members with restructuring experience
Top shareholder MFN Partners specifically recommended Mary Nell Browning and Thomas Knott for the open seats, the company said.
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Courtesy of Gatik
Gatik expands its AV lineup with Class 7 trucks in Tyson routes
The autonomous vehicle effort could eventually save the food company $900,000 per year, a spokesperson said.
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Photo provided by Business Wire.
Trucking M&A is poised to heat up
Rising interest rates, a cool freight market and generational trends could spur activity in the acquisitions market.
