Private equity firm ZS Fund has acquired dedicated contract carriage company Lily Transportation Corp., the company announced July 11.
July 11, 2023No rankings are available for this year.
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ZS Fund Unites Lily Transportation, Transervice
Arizona to Standardize Truck-Restriction Highway Signs
Arizona has a new law mandating that vehicle weight-restriction signs can only be enforced on state highways if designed by the state transportation department.
Trucking Enters Late Down Cycle
The trucking industry has entered the late stages of the freight cycle downturn, but positive destocking trends have helped balance low demand.
Produce Season Fails to Boost Struggling Freight Market
The produce season did little to boost the slowdown in freight demand, as would be expected with normal seasonality.
Analysts: Walkout at UPS Would Have Deep Impact on Economy
A strike by UPS workers if a new labor agreement isn’t reached with the Teamsters would hold significant implications across the supply chain, industry analysts said.
DHL Express Opens Atlanta Cargo Facility
DHL Express on July 6 opened an $84.5 million, 100,000-square-foot hub at Atlanta’s Hartsfield-Jackson International Airport.
Rail Industry Sues Ohio Over Crew Size Rule
COLUMBUS, Ohio — The railroad industry has sued to block a new minimum crew-size requirement that Ohio imposed after a fiery train derailment in East Palestine in February.
Rivian CEO Scaringe Eyes New Commercial Clients
Rivian Automotive Inc. is ready to take on more commercial partners beyond Amazon.com Inc. after a recent run of production success.
Amazon Fleet Electrification Sees 5,000 Rivian Vans on Roads
Amazon's electrification of its delivery fleet gained pace over the past six months while still lagging earlier targets. The e-commerce giant has rolled out more than 5,000 EVs in the past year.
July 6, 2023Knight-Swift Closes Acquisition of U.S. Xpress
Knight-Swift Transportation Holdings closed on its previously announced acquisition of U.S. Xpress Enterprises, the company announced July 5.