New Chief Executive At XPO
XPO Logistics’ Mario Harik will succeed Brad Jacobs as new chief executive at XPO and join the board of directors following XPO’s planned spin-off of its tech-enabled brokerage platform in the fourth quarter. Jacobs will…
Tagged: LTL
Truck Driver Pay Rising
ATA surveys shows truck driver pay rising. Every data point was higher in the first survey of driver pay conducted by the research arm of the American Trucking Associations (ATA) since before the pandemic.
Carrier Logistics Promotes VP
John Cesario has been promoted to VP of Operations at Carrier Logistics Inc. In his new role, as the company continues to add functionality and further complexity to its transport management software, including enhancements to…
Pitt Ohio Acquires Teals Express Assets
Pitt Ohio acquires Teals Express. Less-than-truckload (LTL) carrier Pitt Ohio announced Wednesday it has expanded its service to New York via the acquisition of assets from Teal’s Express. This is another deal in which Pitt…
Yellow Corp Settles DOD Lawsuit
Yellow Corp settles DOD lawsuit in which the less-than-truckload carrier was alleged to have incorrectly charged for freight shipments from 2005 to 2013. The Defense Department complaint alleged overcharging for carrier services.
XPO Increasing Capacity
XPO Logistics, a provider of freight transportation services, has opened two less-than-truckload (LTL) terminals to increase customer service capacity in its North American network. In addition, the company increased production capacity at its trailer manufacturing…
Major Carrier Central Freight Closing After 96 years
Waco, Texas-based Central Freight Lines (CFL) notified drivers, employees and customers in mid Dec that it would be shutting down. A source close to CFL said the company had “too much debt and too many unpaid bills”…
Trucker Adds LTL
Transervice Integrated Solutions (TIS) has launched a less-than-truckload (LTL) division to support shippers across North America. TIS’s new LTL division ‘’complements the existing full truckload service and rounds out the company’s entire freight management offering,’’…
Yellow Corp Focusing On Yield
Less-than-truckload (LTL) carrier Yellow Corp. announced tonnage declines for the first two months of the third quarter. The company saw tonnage per day decline 5.7 percent year-over-year in July, accelerating to down 8.5% in Aug.
Knight-Swift Acquires AAA Cooper
The nation’s largest truckload carrier, Knight-Swift Transportation, announced recently it had acquired less-than-truckload (LTL) carrier AAA Cooper Transportation in a transaction with an enterprise value of $1.35 billion. AAA Cooper is expected to generate full-year…
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