Current news, information and trends in the commercial motor freight industry covering trucking, freight lines and carriers, logistics and classification.

Trucking merger and acquisition activity starts to heat up

Posted 10/15 · 11:15 AM · LM Editorial
In the first few days of the fourth quarter, there were several trucking M&A-related developments.

A watchful eye on capacity always needs to be open, say trucking industry stakeholders

Posted 10/09 · 11:05 AM · LM Editorial
At the recent FTR Transportation Conference in Indianapolis, there were widespread views regarding market factors germane to capacity expansion.

Knight Transportation “disappointed” in rebuff of $242 million offer for USA Truck

Posted 10/01 · 08:31 AM · LM Editorial
Phoenix-based Knight Transportation, one of the top and most profitable truckload companies, says it is “disappointed” that USA Truck has rejected Knight’s $9 per share, all cash offer to take over the financially ailing Van Buren, Ark.-based TL carrier.

Don’t Get Crushed By the Capacity Squeeze – Five Questions for Your Carriers

Posted 09/18 · 04:40 PM · LM Editorial
These short 5 questions address the business basics, or essential questions that a shipper should be able to answer for every carrier they use.

Tighter capacity due to HOS regs could spur higher trucking rates, says FTR

Posted 09/13 · 10:02 AM · LM Editorial
Trucking market conditions may result in seasonal pricing power for carriers, according to the Trucking Conditions Index released by freight transportation consultancy FTR Associates this week.

House members call on DOT and FMCSA for clarity on HOS rules

Posted 09/04 · 01:26 PM · LM Editorial
In a letter addressed to Department of Transportation Secretary Anthony Foxx last week, 51 Republican members of the House of Representatives expressed their concern regarding the motor carrier Hours of Service (HOS) final rule, which took effect on July 1.

July tonnage is up annually, reports ATA

Posted 08/20 · 01:52 PM · LM Editorial
Seasonally-adjusted (SA) truck tonnage in July fell 0.4 percent following a 0.1 percent gain in June, and not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, increased 3 percent from 125.9 in June to 129.6 in July.

Rotunda Capital Partners sells off Worldwide Express

Posted 08/12 · 08:10 AM · LM Editorial
Last week, Rotunda Capital Partners, a middle market private equity firm, announced it sold off global logistics services provider Worldwide Express to an investment group, which included a significant investment from Worldwide’s management team.
NewsTruckloadUPSLTLExpressParcel Shipping

YRC “making steady progress” toward sustained profitability in second quarter

Posted 08/07 · 10:16 AM · LM Editorial
YRC Worldwide, the largest Teamsters-covered LTL carrier, continued its financial improvement in the second quarter.
NewsNews and AnalysisFreightLTLYRC

U.S. Court of Appeals upholds nearly all of new HOS regulations

Posted 08/02 · 12:30 PM · LM Editorial
Trucking stakeholders holding out hope for the recently enacted motor carrier Hours-of-Service (HOS) regulations to be overturned had their hopes dashed—mostly—in a ruling handed down today by the U.S. Court of Appeals for the D.C. Circuit.

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