Truckload

Phoenix-based Knight-Swift Transportation, already the biggest player in the TL market at $4.5 billion revenue last year, is buying Chattanooga, Tenn.-based U.S. Xpress, which ranked ninth in TL revenue last year at $2.2 billion. The deal is valued at $808 million, including assumption of $484 million of debt.

PITT OHIO has been named among America's Best Employers by Forbes Magazine for the third year in a row, ranking number 395 out of the 500 companies listed.

PITT OHIO, announced that its driver, Ricky Kahl, has been selected by the Maryland Police as the states’ Driver of the Year.

PITT OHIO, a leader in transportation, warehouse and logistics services, announced the receipt of the Maryland Fleet Safety Award in the Over 1,000,000 miles category.

February’s shipment reading—at 1.167—was down 0.3% annually, up against an easy annual comparison, while rising 3.8% over January’s 1.124 reading. And the February expenditures reading—at 4.020—was off 9.7% annually, while seeing a 1.9% decline, from January to February.

LTL leader PITT OHIO is now transporting freight within one days’ time to and from their terminals in Albany, Buffalo, Utica and Watertown to terminals in their Mid-Atlantic core territory.

The new edition of the Cowen/AFS Freight Index, which was released today by New York-based investment firm Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, was in line with expectations, for truckload, less-than-truckload (LTL), and parcel activity, from the third quarter to the fourth quarter.

Chicago-based 3PL and provider of technology-enabled transportation and supply chain management services Echo Global Logistics recently announced it has rolled out a new program highlighting “outstanding carrier performance.

Werner Enterprises, already the sixth-largest carrier in the TL market with $2.7 billion in revenue last year, expanded its terminal, fleet and driver footprint in mid-America by purchasing Milan, Ind.-based Baylor Trucking. Terms were not disclosed.

Logistics Management Group News Editor Jeff Berman recently caught up with Doug Waggoner, CEO of Chicago-based 3PL Echo Global Logistics. Waggoner offered up insights on a whole host of topics, including: inflation; rates and capacity; and Peak Season prospects, among others.

12.5%, for the same period (down 7.1% annually and down 1.9% compared to July 2020), and the flatbed TVI down 15.9%, to 217 (up 13.6% annually and up 16% compared to July 2020). DAT said that changes in the TVI represent the number of loads moved with a pickup date during the month.

There has been a blockbuster acquisition and further consolidation at the top of the North American truckload market.

Again this year, winners in this TL category posted some of the strongest overall weighted scores of our survey.

Atlanta-based Nolan Transportation Group (NTG), a provider of non-asset, tech-enabled logistics and brokerage services, and a subsidiary of Transportation Insight, and San Francisco-based freight forwarding and customs brokerage services provider Flexport, said they are collaborating on a strategic partnership focused on integrating their respective technologies, with a focus on “greater visibility across supply chains.”

The new edition of the Cowen/AFS Freight Index, which was recently released by New York-based investment firm Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, showed how the duo of higher carrier fuel surcharges and record-high inflation have impacted multiple modes, in tandem with flattening modal growth trajectories, seasonal factors, still-high fuel costs, and softening demand.