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Trinity said the deal with Minnesota-based Granite — a freight agent partner for 14 years — would enhance its nationwide presence and increase specialized freight capabilities.

The expansion of the fleet followed swiftly on the heels of the largest acquisition in Schneider’s 90-year history: the 2024 acquisition of dedicated truckload-focused Cowan Systems.

The company’s stock was up more than 20% at mid-session Oct. 30, its biggest intraday gain since 2007, and led the S&P 500 Index, putting it on track to close at its highest level ever.

Automation, artificial intelligence and data science are transforming freight brokerage operations, increasing productivity and altering everything from how brokers price freight to how they make decisions.

Automation, artificial intelligence and data science are transforming freight brokerage operations, increasing productivity and altering how brokers price freight and make decisions.

C.H. Robinson has expanded its proprietary fleet of artificial intelligence agents to handle more tasks across the life cycle of a shipment, the company announced April 16.

While some segments of the logistics market saw expansion, such as dedicated carriage and freight forwarding, others faced slower growth, including freight brokerage and warehousing.

But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.

The Eden Prairie, Minn.-based logistics and shipping company on Jan. 29 posted net income of $149.3 million, or $1.22 a diluted share, for the three months ending Dec. 31.

FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.