Roadrunner Takes Major Steps in Transformation Plans
Roadrunner Freight took another step in its ongoing transformation with a March 25 announcement of a $50 million equity private placement and additions to its leadership team.
March 30, 2021Carriers Provide Resources to Help Drivers Get Vaccinated
Trucking companies are taking steps to help ensure their drivers, and support staff, can get the coronavirus vaccine in a bid to minimize workplace disruptions.
March 26, 2021Werner Enterprises Named Military Friendly Company
Werner Enterprises announced it was recognized for the fifth consecutive year as a company that is friendly toward military veterans.
March 22, 2021Walmart Opens E-Commerce Marketplace to Non-US Vendors
Walmart Inc. has removed rules requiring sellers on its marketplace website to be registered in the U.S. — an attempt to close the e-commerce gap with Amazon .com Inc. and tap into China’s vast network of manufacturers.
March 19, 2021FedEx Rides E-Commerce to $21.5 Billion Third Quarter
The continued yearlong surge in e-commerce brought on by the COVID-19 pandemic sent FedEx’s year-over-year fiscal third-quarter net revenue up 23% to $21.5 billion, compared with $17.4 billion in the same period in 2020.
March 18, 2021IMC Cos. Acquires Empire Truck Lines
IMC Cos. announced it acquired Empire Truck Lines, a container drayage company, effective March 12.
March 16, 2021Trucking Industry Making Strides Toward Electrification
Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.
March 11, 2021Penske Agrees to Acquire Kansas City Freightliner
Penske Automotive Group Inc. announced it entered into an agreement to acquire Kansas City Freightliner, a retailer of medium- and heavy-duty commercial trucks.
March 5, 2021FedEx Sets Plan for Carbon-Neutral Operations by 2040
FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.
March 3, 2021Class 8 Orders Surge 212% to 43,800
North American Class 8 orders hit 43,800 in February, up 212% compared with a year earlier, ACT Research reported, citing truck makers’ preliminary data.
March 3, 2021