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Tank Transport Trader presents the latest news from the Transportation Industry, economy, movements, politics and regulations, research and reports, funding, technology – and more news for the transportation & liquid dry-bulk industry –
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…
Uber Freight announced last month it is acquiring Transplace for about $2.25 billion, saying the move will create one of the leading logistics technology platforms, with one of the largest and most comprehensive managed transportation…
The largest drivers of freight demand are consumption and production, and for the past year the growth in consumption has been unprecedented. The four largest month-over-month gains in retail sales have come since April 2020…
A coalition of trucking companies filed a petition in May to force an Indianapolis, Ind.-based freight brokerage into Chapter 7 bankruptcy proceedings for unpaid transportation services. The involuntary Chapter 7 bankruptcy petition, filed in U.S…
With trucking rates so high, companies are wrestling with the new reality that a driver doesn’t need to work a full schedule to pull in a decent salary, David Parker, chief executive of Covenant Logistics…
Data from the Council of Supply Chain Management Professionals’ Logistic Managers Index shows that between May 2020 and February, inventory costs, warehouse prices and transportation prices were between 27 to 39 points higher than the…
The National Transportation Safety Board (NTSB) ’s latest “Most Wanted List” of the top 10 transportation safety improvements highlight several highway and driver-related safety recommendations, including a recommendation to require collision-avoidance technologies on all vehicles…
The world is a different place today than it was at the beginning of 2020 mainly because of the coronavirus, which has led to big changes in the economy, socializing and executing business. Global chemical…
Alabama authorities last month proposed a plan to place a toll on tractor trailers only to help fund the construction of a new bridge. During a news conference held in Spanish Fort, Ala., City of…
Record freight rates continue to push commercial vehicle demand beyond truck and trailer manufacturers’ ability to supply equipment in a timely manner, according to ACT Research. Preliminary reports indicate that February’s net order volume of…
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