Cash reserves running out for many trucking firms, Werner says

Smaller firms could exit the market more frequently amid higher fuel prices and other costs as well as depressed volumes, according to industry players.

By David Taube • Aug. 14, 2023

Canada-based Titanium Transportation Group acquires US truckload carrier

The Bolton, Ontario, transportation firm paid another $6 million for Crane Transport’s Georgia and Alabama terminals.

By Larry Avila • Aug. 11, 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

GSC expands with acquisition of transload specialist

The deal expands the California-based 3PL’s warehousing and distribution capacity in the Pacific Northwest. 

By Larry Avila • Aug. 9, 2023

Yellow bankruptcy: 7 takeaways from court filings

Analysts noted terminals will play a central role in the company’s shutdown.

By David Taube • Aug. 8, 2023

Hub Group aims to grow logistics segment through acquisitions

The transportation company is poised for the right opportunities and has the financial flexibility to do so, its CFO said.

By Larry Avila • Aug. 8, 2023

Yellow’s terminals are for sale as the LTL liquidates. Here’s a list of locations.

The trucking company operates more than 300 facilities in the United States, Canada and Mexico. Many will be on sale as part of bankruptcy proceedings.

By Edwin Lopez , David Taube , Colin Campbell • Aug. 8, 2023

Schneider National acquires M&M Transport, targeting dedicated segment growth

The Wisconsin-based carrier projects the deal will grow revenues in its dedicated segment to $1.5 billion.

By Larry Avila • Aug. 2, 2023

Yellow looks to sell brokerage as bankruptcy looms

The company said multiple parties have expressed interested in acquiring its non-union 3PL subsidiary.

By Colin Campbell • July 28, 2023

Heavy-hauling specialist MEI expands Southeast presence with Pro-Pac deal

Buying Pro-Pac and affiliate company J&J will bolster the company’s service offerings, MEI CEO Dan Cappello said.

By Larry Avila • July 26, 2023

Knight-Swift projects US Xpress to become profitable in 2024

The new parent company has already found $6 million in monthly cost savings.

By David Taube • 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

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

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

Knight-Swift landed a $250M credit line to aid US Xpress purchase

The new term loan will mature in a little over three years, in September 2026.

By David Taube • July 12, 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

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

Online Transport Inc. acquires Mustang Express

The deal provides access to a Southwestern U.S. terminal creating opportunities to freight from Mexico to the Midwest.

By Larry Avila • June 26, 2023

Penske Automotive Group acquires Canada-based truck dealerships

Transolutions Truck Centres sells and services Freightliner, Western Star and used Daimler vehicles in Winnipeg.

By Colin Campbell • June 15, 2023

RIST Transport acquires AMA Transportation

The deal will allow the carriers to expand direct service routes in New England, improve customer service and boost technology offerings.

By Colin Campbell • June 9, 2023

Private equity-backed company acquires long-haul waste carrier

Bulk Express Transport, backed by Alterna Equity Partners, purchased Attaway Hauling.

By Cole Rosengren • June 7, 2023

Cummins to acquire 2 commercial vehicle manufacturing plants

The purchase of the sites from global auto supplier Faurecia will help Cummins secure key supplies long-term and advance efforts for net-zero emissions.

By David Taube • June 1, 2023

Geodis buys Southern Companies, bolstering drayage services

The transport and logistics company says the addition gives it access to seven ports in the southern U.S.

By Larry Avila • May 31, 2023