Monthly Archive: February 2021
UPS is selling its UPS Freight less-than-truckload (LTL) division to TFI International Inc. for $800 million. The decision to sell UPS Freight aligns with the company’s “better not bigger” strategic positioning, according to a UPS…
The new year will be a story of contending tailwinds and headwinds,’’ according to a 2021 economic forecast by U.S. Xpress. The forecast, from one of the country’s largest truckload fleets, looks at economic indicators…
The trucking merger and acquisition arena was anything but ordinary in 2020. Within the liquid/dry bulk vertical we saw several transfers of ownership. A few notable transactions included: Kenan Advantage’s purchases of Fort Transfer, Paul’s…
A survey of shippers optimistic on freight volumes increasing this year. In its sixth annual State of The North American Supply Chain Survey, Averitt Express surveyed about 1,800 shippers from a wide variety…
Tim Thorne, president of ArcBest less-than-truckload carrier ABF Freight, will retire June 30 after a 31-year career with the company. Seth Runser, ABF vice president for line haul operations was promoted to the new role…
After a rocky finish in 2020, Nikola announced it has secured an innovative electric rate schedule with Arizona Public Service Co. (APS) that the company said makes possible the accelerated development of hydrogen-based fueling solutions…
Liquid Trucking, one of the top 30 largest tank carriers in North America, recently announced a major driver wage increase. Based in Plattsmouth, Neb., Liquid Trucking is a family-owned bulk liquid transporter specializing in agricultural…
The Federal Motor Carrier Safety Administration (FMCSA) has announced the names of 25 drivers who will participate on a new panel to give the agency an on-the-road perspective on a variety of safety issues. Drivers…
Despite the dramatic improvement in tools and technology for the utility industry, field crews sometimes need to rely on traditional methods to get the job done. Case in point: linemen occasionally rely on a standby…
Despite the plunge in new-truck orders during the spring COVID-19 pandemic shutdowns, orders of Class 5 through 8 trucks closed out 2020 in near-record territory, according to industry analysts FTR and ACT Research. Preliminary North…