Category: Management

Schneider’s Dedicated momentum continues to build with latest acquisition of Cowan Systems, LLC

Schneider’s Dedicated momentum continues to build with latest acquisition of Cowan Systems, LLC

| November 25, 2024

Cowan Systems is primarily a dedicated contract carrier with a portfolio of complementary services including brokerage, drayage and warehousing Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, announced the company, through certain wholly owned subsidiaries, has entered into a definitive agreement to acquire Cowan Systems, LLC and affiliated […]

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Prospero Staff Capital Acquires Majority Ownership in Roadrunner from Elliott Management

Prospero Staff Capital Acquires Majority Ownership in Roadrunner from Elliott Management

| November 24, 2024

Fresh Capital to Propel Transportation’s Greatest Comeback Story to Next Phase of Growth  Prospero Staff Capital, a private equity vehicle co-led by Ted Kellner and Chris Jamroz, announced the acquisition of a majority ownership interest in Roadrunner from affiliates controlled by Elliott Investment Management L.P. (“Elliott”). Elliott will retain a minority stake in the company, remaining a long-term […]

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Merchants Fleet Survey Reveals AI to Have a Huge Role in 2024 Holiday Deliveries

Merchants Fleet Survey Reveals AI to Have a Huge Role in 2024 Holiday Deliveries

| November 21, 2024

The survey found that AI’s data-driven capabilities are expected to streamline operations and decision-making, with 67% of leaders identifying supply chain optimization as a primary benefit As holiday season demand ramps up, a recent survey commissioned by Merchants Fleet found more than half of fleet decision-makers citing supply chain disruptions as a top concern. However, […]

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Estes Express Lines and the American Diabetes Association to Hit the Road to Raise Diabetes Awareness

Estes Express Lines and the American Diabetes Association to Hit the Road to Raise Diabetes Awareness

| November 21, 2024

Through the monetary and trailer decal donations as part of their annual employee-directed giving campaign, Estes supports organizations like the ADA During American Diabetes Month®, the American Diabetes Association® (ADA) and Estes Express Lines unveiled a custom trailer wrap design to raise awareness in the fight to end diabetes. A ribbon-cutting ceremony event celebrated the first […]

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Truckstop Introduces Risk Factors Advanced

Truckstop Introduces Risk Factors Advanced

| November 19, 2024

Designed for brokers that need a trusted, comprehensive carrier vetting solution that works at the speed of fraud  In recognition of International Fraud Awareness Week (Nov. 17-23), Truckstop introduced Risk Factors Advanced, the ideal carrier vetting solution that serves as the first line of defense for a growing enterprise business that requires more automation and sophistication. Previously announced Risk […]

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Verizon Connect report highlights fleet tech adoption, ROI gains, and safety improvements

Verizon Connect report highlights fleet tech adoption, ROI gains, and safety improvements

| November 18, 2024

Fleet technology is making significant strides in reducing costs, enhancing operational efficiency, and improving safety Verizon Connect released its fifth annual Fleet Technology Trends Report, conducted in partnership with Bobit Business Media, and based on responses from 543 fleet management professionals. The report highlights how fleet management technology continues to serve as a dependable asset for […]

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