Index Contracted 0.9% from July 2023 American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 0.3% in July after declining 1.8% in June. In July, the index equaled 113.7 (2015=100) compared with 113.3 in June. “While July wasn’t a strong month, we see continued evidence that the truck freight market is likely turning a […]
Strategic acquisition broadens Freightos’ digital freight-booking vision by pairing Freightos’ spot offering with Shipsta’s best-of-breed tender management platform. Deal accelerates revenue growth and reaching breakeven with cash on hand Freightos announced the acquisition of Shipsta, a leading freight-tender procurement platform used by dozens of Global 1000 enterprises to procure freight at scale from leading freight […]
These transactions that will preserve thousands of jobs and ensure continued service to millions of passengers throughout North America Coach USA (the “company”), a leading provider of passenger transportation and mobility services, today announced that the United States Bankruptcy Court for the District of Delaware has approved the following transactions, in connection with its previously announced voluntary Chapter 11 proceedings: […]
Forming Consolidated Trucking, Logistics, Warehousing and Fulfillment Company BRW Haney and White Enterprise, a Shepherdsville, Kentucky-based company that owns Haney and White Logistics and Running Ox Logistics, specializing in transportation and brokerage services nationwide, has finalized the acquisition of B.R. Williams Trucking and B.R. Williams LTL Logistics. This acquisition of an established transportation firm headquartered in […]
Company intends to use the proceeds for the planned acquisition of Coyote Logistics RXO provider of asset-light transportation solutions, has entered into purchase agreements with MFN Partners, LP and certain accounts managed by Orbis Investments for a $550 million private financing. The company intends to use the proceeds from the transaction to finance a portion […]
Greg Swift has accomplished a monumental feat of safety, underscoring the reliability of Schneider’s service In a remarkable display of dedication and safety, Greg Swift, a longtime driver for Schneider National, Inc. (NYSE: SNDR), has achieved an extraordinary milestone: five million miles without a preventable accident. Although more than 6,560 Schneider drivers have had at least a […]
