Category: Management

Motive Monthly Economic Report – August 2024

Motive Monthly Economic Report – August 2024

| August 21, 2024

Mexico imports are at an all-time high; 675K trucks brought a total of $32.5B in goods from Mexico to the U.S. in May August edition of the Motive Monthly Economic Report. What follows is an analysis of the major trends in the supply chain and economy across the Motive platform of 120,000 customers during the […]

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AMX Announces Fleet Expansion with New Flatbed Specialized Division

AMX Announces Fleet Expansion with New Flatbed Specialized Division

| August 20, 2024

The flatbed division enhances AMX’s competitive edge by offering a broader range of professional driving opportunities, including southeast regional, super-regional, and over-the-road positions AMX Trucking, Inc., a multi-service transportation company, is expanding its fleet with the addition of a new flatbed specialized division. This new division will complement the company’s existing fleet services, which include […]

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ATA Truck Tonnage Index Rose 0.3% in July

ATA Truck Tonnage Index Rose 0.3% in July

| August 20, 2024

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 […]

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Freightos Acquires Shipsta, Expanding Comprehensive Digital Freight Procurement Solution

Freightos Acquires Shipsta, Expanding Comprehensive Digital Freight Procurement Solution

| August 19, 2024

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 […]

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Coach USA Receives Court Approval for Asset Sales to Affiliates of The Renco Group, AVALON Transportation and Wynne Transportation

Coach USA Receives Court Approval for Asset Sales to Affiliates of The Renco Group, AVALON Transportation and Wynne Transportation

| August 14, 2024

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: […]

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Haney and White Enterprise Acquires B.R. Williams Trucking and B.R. Williams LTL Logistics

Haney and White Enterprise Acquires B.R. Williams Trucking and B.R. Williams LTL Logistics

| August 14, 2024

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 […]

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