Roadrunner Sells Intermodal Business to Universal Logistics for $51 Million
Roadrunner Transportation Systems has sold its intermodal business to Universal Logistics Holdings for $51.25 million in cash, the transportation and asset-light logistics company announced Nov. 5.
November 5, 2019Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
TFI Reports Revenue Up 1% in Q3
TFI International Inc. reported higher revenue in the third quarter of 2019, while profits ticked downward.
November 5, 2019YRC Reports $16 Million Loss in Q3
YRC Worldwide reported a net loss of $16 million or negative 48 cents per share, compared with a $2.9 million profit, or 2.9 cents per share in the same period a year ago.
November 4, 2019Small but Growing Carriers Make Leap From Spreadsheets to TMS Software
For small trucking companies that are getting bigger, recognizing the point when it becomes necessary to adopt management software isn’t so difficult. Instead, the challenges have more to do with evaluating systems, choosing one and implementing it.
November 4, 2019Seattle DOT Launches Public Version of Roadwork Planning App
The Seattle Department of Transportation has launched a public version of dotMaps, its online tool to help travelers stay informed about construction projects and plan their routes.
November 4, 2019Uber Freight Adds Service in Canada
Digital broker Uber Freight announced its expansion to portions of Canada.
November 1, 2019Washington Supreme Court Finds State Not at Fault for Skagit River Bridge Collapse
The Supreme Court of Washington has determined the Washington Department of Transportation cannot be held at fault for an interstate bridge collapse that occurred in 2013.
November 1, 2019Convoy Enhances App, Giving Carriers Access to More Spot Freight
Digital freight broker Convoy launched direct-from-shipper loads nationwide, a feature intended to provide carriers access to 10 times the amount of spot freight from America’s largest shippers.
November 1, 2019Schneider Sees Q3 Earnings Decline
The slowing U.S. economy is impacting the finances of some of the industry’s biggest truckload carriers as Schneider National Inc. saw its third-quarter financial numbers decline.
October 31, 2019Alberta Loosens Oil Output Limits With Railroad Allowances
Alberta took a step toward easing the pain of its crude-production caps by allowing oil companies to exceed output limits if they ship the extra production by rail.
October 31, 2019