News

March 1, 2021

Trucking Bankruptcies Surged in 2020 as Pandemic Hit Small Carriers

The COVID-19 pandemic forced more than 3,000 trucking companies out of business in 2020 — a significant leap from about…

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February 26, 2021

UPS Boss Preaches the Power of No

Carol Tomé is shifting the delivery giant’s focus to the bottom line, weeding out less-profitable customers in a high-speed overhaul;…

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February 19, 2021

Supply chain struggles continue in frozen South

Updated Friday February 19, 2021 at 09:05AM A second winter storm this week slammed parts of the South Wednesday and…

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February 15, 2021

TFI to take aim at UPS Freight’s unprofitable business

CEO vows quick action to negotiate with customers or ultimately cut them loose after acquisition closes. TFI International (NYSE: TFII)…

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February 11, 2021

FedEx, UPS, and USPS 2021 General Rate Increases

UPS announced their 2021 rate increases will be made effective on February 22, 2021. The increases came just months after the FedEx and USPS announcements…

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February 8, 2021

Carriers Bullish on Demand and Pricing Dynamics for 2021

Top less-than-truckload (LTL) executives and analysts are predicting a bullish year for the $46 billion sector in 2021. LTL Rate…

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January 26, 2021

UPS closes curtain on tough 15-year-old LTL run

UPS Inc. (NYSE:UPS) CEO Carol Tomé has pulled the plug on the company’s often-difficult 15-year foray into the less-than-truckload business….

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January 25, 2021

TFI to acquire UPS Freight for $800M

TFI International has agreed to acquire UPS Freight for about $800 million, the Canadian trucking and logistics company and UPS…

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January 16, 2021

Inside California’s colossal container-ship traffic jam

In the movie “Falling Down,” the character played by Michael Douglas is stranded in a Los Angeles traffic jam. He…

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December 7, 2020

Produce spot rates break $10K per load in November

Chart of the Week:  USDA Produce Truckload Spot Rate – San Francisco to Philadelphia, Fresno to Atlanta, San Francisco to Atlanta SONAR…

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