FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.
December 9, 2024Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
FreightVana Buys Brokerage Operations of Loadsmith
RXO Invests $13.7 Million to Expand in North Carolina
North Carolina Gov. Roy Cooper and other state officials announced a $13.7 million expansion by RXO in its Ballantyne operations to add 216 jobs over the coming years.
December 9, 2024REPLAY: Economic Outlook for 2025 with ATA's Bob Costello
Over the past two and a half years, the trucking industry has persevered through a freight rate recession amid an oversupply of capacity while also navigating supply chain disruptions and uncertainty. When will freight rates rebound, and how much recovery can we expect?
December 9, 2024Trucking Demand and Capacity Edge Closer to Equilibrium
“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.
December 5, 2024Canada Trade Surplus With US Narrows as Tariff Fight Looms
Canada’s trade surplus with the U.S. helped avoid a deeper deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens hefty tariffs.
December 5, 2024Port Operators Threaten to Halt Talks Over Automation Issue
Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.
December 5, 2024House and Senate Finalize Water Infrastructure Package
Transportation policymakers on Capitol Hill finalized a comprehensive water infrastructure legislative package, paving the way for its end-of-the-year passage.
December 4, 2024MARAD Awards $4.85M to Improve Cargo Flow on Marine Highways
USDOT's Maritime Administration has awarded $4.85 million in grants to fund several marine highway projects including new cargo-handling equipment in Louisiana and Washington.
December 4, 2024Holidays: From Alaska To Washington, Capitol Christmas Tree Shines Bright
A massive spruce tree that came to life in an Alaskan forest during former President Ronald Reagan’s White House days has arrived on a new flatbed trailer after a 4,293-mile journey to Washington, accompanied by two veteran truck drivers from Lynden Transport.
December 4, 2024GXO CEO Wilson to Step Down as Company Spurns Sale Offers
GXO Logistics announced Dec. 3 that CEO Malcolm Wilson plans to retire in 2025, but he will continue to lead the company during the search for a successor.
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