Shippers Express Support for Knight-Swift Merger
Representatives of freight shipping firms are joining trucking analysts in their enthusiasm over the merger between Knight Transportation Inc. and Swift Transportation Co. and generally supporting the prospect of big truckload carriers getting bigger.
Knight, Swift Plan Merger
A merger of Knight Transportation Inc. and Swift Transportation Co., two of the nation’s largest trucking companies, is expected to trigger a historic move to consolidate the truckload freight sector, industry analysts said last week.
Execs Charged With Fraudulent Sales Tactics Accuse FTC of Defamation, Interference
Two people accused by the Federal Trade Commission of using deceptive tactics to sell registration services to truck owners and operators are fighting back, asking a federal judge to allow a counterclaim against the agency for defamation and tortuous interference.
GAO Upholds XPO Protest of Military Freight Contract
A multibillion-dollar contract recently awarded to Crowley Logistics to handle freight shipments for the Department of Defense is being reopened after the Government Accountability Office upheld a challenge filed by XPO Logistics Government Services.
Schneider Initial Stock Sale May Spur Growth in Truckload, Intermodal, Analysts Predict
Schneider’s forthcoming initial public offering may close a chapter on the company’s long- standing family ownership, but it will expand the motor carrier’s ability to broaden its horizons, industry analysts said.
Installation Specialist Davaco Merges With Crane Worldwide Logistics
Davaco Inc., a company that handles the installation of furniture and fixtures for retail stores, hotels and restaurants in the United States and Canada, announced that it will merge with Houston-based international freight forwarder Crane Worldwide Logistics.
Suddath to Buy Three Locations as Graebel Van Lines Ceases Operations
The Suddath Cos. agreed to acquire three locations of Graebel Van Lines as part of a wind down of Graebel’s operations throughout the country.
Interstate Acquires American Red Ball World Wide Movers
Interstate Group Holdings, the Springfield, Virginia-based parent of Interstate Van Lines, has acquired Indianapolis-based American Red Ball World Wide Movers, one of the oldest movers of household goods in the United States.
UPS Tests Drone That Uses Delivery Truck as Its Home Base
UPS Inc. completed a successful test of a truck-mounted delivery drone at a Florida blueberry farm last week, demonstrating how unmanned aerial devices might be used as part of the company’s residential delivery service and as a way to cut costs by reducing the number of miles traveled by UPS trucks to make deliveries in rural locations.
Trump’s Initial Moves Elicit Praise, Caution From Trucking
In his inaugural address as president of the United States, Donald Trump vowed to renegotiate trade agreements, boost the economy by reducing regulations, clamp down on immigration and spend more money to upgrade the nation’s infrastructure.