Logistics

Roadrunner Transportation Systems has sold its intermodal business to Universal Logistics Holdings for $51.25 million in cash, the transportation and asset-light logistics company announced Nov. 5.

TFI International Inc. reported higher revenue in the third quarter of 2019, while profits ticked downward.

YRC Worldwide reported a net loss of $16 million or negative 48 cents per share, compared with a $2.9 million profit, or 2.9 cents per share in the same period a year ago.

For small trucking companies that are getting bigger, recognizing the point when it becomes necessary to adopt management software isn’t so difficult. Instead, the challenges have more to do with evaluating systems, choosing one and implementing it.

The Seattle Department of Transportation has launched a public version of dotMaps, its online tool to help travelers stay informed about construction projects and plan their routes.

Digital broker Uber Freight announced its expansion to portions of Canada.

The Supreme Court of Washington has determined the Washington Department of Transportation cannot be held at fault for an interstate bridge collapse that occurred in 2013.

Digital freight broker Convoy launched direct-from-shipper loads nationwide, a feature intended to provide carriers access to 10 times the amount of spot freight from America’s largest shippers.

The slowing U.S. economy is impacting the finances of some of the industry’s biggest truckload carriers as Schneider National Inc. saw its third-quarter financial numbers decline.

Alberta took a step toward easing the pain of its crude-production caps by allowing oil companies to exceed output limits if they ship the extra production by rail.