About 51,000 motor carriers had received common or contract carrier authority through June, making 2021 likely to surpass 2020’s calendar-year record of 59,000, according to transport consultancy FTR. The company’s data was drawn from FMCSA…
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…
Continuing economic recovery, inventory replenishment, and e-commerce growth will “clash with capacity constraints to keep rates high this year,’’ according to the Council of Supply Chain Management Professionals’ (CSCMP) 32th annual State of Logistics Report.
Roger LLC, an Omaha, Neb.-based technology company for the dry-bulk industry, has created an app tool to assist dry-bulk truck shippers become more efficient by streamlining their supply chain from planning to payment, company officials…
CSX Corp. has signed an agreement with Quality Distribution to acquire bulk liquid chemicals transportation provider Quality Carriers Inc., company officials said. Terms of the agreement were not disclosed. The Quality Carriers management team will…
A former trucking company owner was recently indicted by a federal grand jury in New York in an alleged conspiracy to defraud the Federal Motor Carrier Safety Administration (FMCSA) about the company he controlled and…
U.S. Rep. Jesus “Chuy” Garcia (D- Ill.) has introduced legislation to ensure minimum insurance requirements for motor carriers are periodically adjusted to the inflation rate of medical costs. The proposed legislation, titled the INSURANCE Act…
American Chemistry Council (ACC) recently presented its 2021 Responsible Care Partner of the Year Award to Highway Transport of Knoxville, Tenn. The 2021 Partner of the Year Award recognizes an ACC partner that demonstrates “superb…
The North American Council for Freight Efficiency (NACFE) has issued an updated report on the changing trends of light-weighting technologies since the council last published a study on the topic in 2015, including strategies to…
As freight volumes have risen over time, the U.S. also has seen a steady increase in the number of new for-hire trucking companies authorized each year. Over the past 20 years, the upward trend has…
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