Post Capital Partners, Management Team Up to Acquire Smith Transportation Services
Smith Transportation Services, a company based in Sunrise, Fla., that specializes in “load-to-ride” service for shippers of less-than-truckload freight, is being purchased by a group of Smith’s top executives and the New York-based investment firm Post Capital Partners.
LTL Carriers Refine, Expand Services
Leaders at prominent less-than-truckload carriers are optimistic about the future as their companies adapt and expand services to capitalize on favorable long-term trends, such as the move toward smaller shipments and the growth of e-commerce.
Legends of LTL Gather to Remember Achievements
PITTSBURGH — Charles Hammel III says he owes much of his family’s success in the trucking business to those who came before he and his brother Robert established Pitt Ohio Express in 1979.
Red Arts Capital Adds Central Arizona Freight to Holdings
Red Arts Capital, an investment firm launched two years ago in Chicago, has added a second regional less-than-truckload carrier to its holdings with the purchase of Central Arizona Freight in Phoenix.
February 28, 2018Roadrunner Releases Financials Through 2016
One year after withdrawing its financial statements dating to 2011, Roadrunner Transportation Systems Inc. on Jan. 31 took a major step forward by releasing amended results through 2016.
ArcBest Ends 2017 With Strong Fourth Quarter
ArcBest Corp. ended the year with a strong fourth quarter because of better less-than-truckload pricing and lower expenses than one year ago.
Precision Pricing
The less-than-truckload industry is embracing dimensioning technology to enable more accurate freight pricing and automate what used to be manual tasks.
Industrial Handhelds Maintain Niche in LTL Despite Ubiquity of Consumer Mobile Devices
The immense popularity of Android and Apple smartphones and tablets has led many truckload carriers to deploy mobile applications that drivers can run on those consumer devices.
Averitt Debuts Asia-to-Dallas Route After Success With Memphis Service
Averitt Express launched a new less-than-containerload service last month to Dallas, built on the success of its Asia-to-Memphis Express service in the e-commerce and small business communities.