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Bison Transport Acquires Hartt Transportation Systems
Bison Transport has acquired Hartt Transportation Systems Inc., a truckload carrier based in Bangor, Maine.
January 4, 2022More Trucking Acquisitions Ahead for 2022
The trucking industry experienced a surge in acquisitions during the past year, with more expected to occur in 2022.
XPO Hosts Conference for Women in Leadership
XPO Logistics held its inaugural Women in Leadership Conference in Atlanta Nov. 17-19.
December 22, 2021CFI Raises $39,000 for Eight Charities During Holiday Giving Campaign
CFI and its associates raised $39,000 to support local charities in communities where its employees live and work across the U.S., Canada and Mexico, the company announced Dec. 8.
December 22, 2021UPS to Buy $1.5 Billion of Boeing Freighters as Air Cargo Booms
UPS Inc. agreed to buy 19 Boeing Co. freighter jets as soaring e-commerce and snarled shipping lines lead to a boom in air-cargo demand.
BrightDrop Delivers First Electric Vans to FedEx
BrightDrop, General Motors Co.’s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.
FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries
FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.
FedEx Invests $72 Million in Miami Airport Cargo Hub
FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.
Cowan Systems Announces New CEO, President
Joseph Cowan is stepping down as the longtime CEO of truckload carrier Cowan Systems LLC Dec. 31 and President Dennis Morgan will be promoted to CEO.
Central Freight Lines Shuts Down After Nearly a Century in Business
Central Freight Lines is ceasing operations after nearly a century in business, according to reports Dec. 11.