As carriers await an upturn in the freight environment, executives say they continue to seek efficiencies and prepare their fleets for when the tipping point comes.
September 18, 2024Top 100
Efficiency Is Key as Freight Carriers Wait for Market Uptick
Generative AI Driving Freight Brokerage Transformation
Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.
September 18, 2024Washington State Moves to Block Albertsons-Kroger Deal
Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.
September 16, 2024RXO Becomes Third-Largest Freight Broker With Coyote Deal
RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.
September 16, 2024DSV Buys DB Schenker for $15.9B, Creating Logistics Giant
DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.
September 13, 2024Amazon to Boost Contract Driver Pay to Nearly $22 an Hour
Amazon.com Inc. plans to spend an additional $2.1 billion on its contract delivery program, including safety programs, training and additional pay for the contracting firms.
September 12, 2024Kroger Ups Full-Year Sales Forecast on Grocery Spending
Kroger Co. lifted its full-year sales guidance as the grocery-store operator benefits from consumers prioritizing spending on groceries and other essentials.
September 12, 2024Yellow Submits Final Chapter 11 Plan, Seeks Creditor Deal
The administrators are disputing the size of withdrawal liability claims from Central States Pension Fund and other multiemployer pension funds.
September 5, 2024Private Fleets Ship Record 75% of Owners’ Outbound Freight
Prior to the past two years, the in-house market share had remained steady at the 67% level throughout the survey’s history, NPTC said.
September 5, 2024Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say
The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.
August 29, 2024Follow Us
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