Carriers Keep Rolling Out Driver Pay Raises
The need for truck drivers has spurred a number of carriers recently to raise compensation and entice qualified drivers to stick around.
April 19, 2018Daseke Buys Canadian Energy Services Firm Aveda
Daseke Inc. on April 16 continued its acquisition activity, announcing it will purchase Aveda Transportation and Energy Services, a large North American oil rig moving company based in Calgary, Alberta. The deal is expected to close in June.
April 18, 2018Mike Ducker to Step Down as FedEx Freight CEO on Aug. 15
Mike Ducker will retire Aug. 15 as president and CEO of FedEx Freight after leading the group for four years, FedEx Corp. announced April 16. His successor will be named later.
April 16, 2018Schneider, 8VC Partner to Boost Digital Supply Chain
Venture capital firm 8VC and diversified truckload carrier Schneider announced a partnership to leverage technology on trucks to create a pathway to a fully digital supply chain.
April 11, 2018Investors, Fleets Back Video-Based Telematics
A pair of recent events helped underscore the key role video is playing in fleet operations: Lytx, a video telematics provider, received a $700 million capital infusion from private equity firms; and Penske Logistics launched a video-based safety program in 2,800 of its heavy-duty trucks in its North America operations using equipment from SmartDrive Systems.
April 10, 2018FedEx Plane Becomes Learning Tool for College Students in Dayton
An airplane given to the Beavercreek City Schools by FedEx Express now will be used by Sinclair College students after the Greene County district found it would cost nearly $4 million to move and rehabilitate the plane.
April 6, 2018TFI Buys Normandin Transit
TFI International purchased Normandin Transit, a provider of less-than-truckload and truckload freight services in the United States and Canada.
April 6, 2018Ryder Acquires Last-Mile Delivery Carrier MXD Group
Ryder System Inc. is acquiring all of the outstanding equity of MXD Group, an e-commerce fulfillment provider, with its North American network of facilities, including last-mile capabilities.
April 3, 2018The Future of Freight: What's Your Vision?
How will technology and innovation change the way freight is transported? Tell us what you think the future will be like and we could feature your ideas in an upcoming edition of Transport Topics.
April 2, 2018UPS Pilots Complain About Shortage of Airplanes
UPS Inc. already was in trouble with Wall Street over a long-term investment plan to cope with soaring e-commerce. Now the company is clashing with its pilots union because of a short-term fix for the same challenge.
April 2, 2018