Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated. 

TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.

Hub Group Inc. is set to buy the final-mile unit of Forward Air Corp. for about $262 million in cash, Oak Brook, Ill.-based Hub Group said.

Drivers have had to grow accustomed to driver-assistance technologies such as the lane-assist function as fleets adopt the features for safety and legal reasons. 

Iowa-based flatbed carrier TMC Transportation is consolidating its southeastern U.S. presence via a $38 million investment in its South Carolina operations.

A Delaware court approved the sale of 128 freight terminals owned by bankrupt less-than-truckload carrier Yellow Corp., according to an audio recording of a Dec. 12 hearing.

Next Century Logistics submitted a second bid for Yellow Corp. assets Dec. 7 after an initial offer to reanimate the bankrupt carrier was turned down by the administrators of Yellow’s assets.

Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.

Canada Cartage Corp. will buy GTI Group for an undisclosed sum, the company said.

Executives from Estes Express Lines recently shared details and lessons learned about the company’s response after an October cyberattack hampered the carrier’s operations.