The Birmingham, Ala.-based firm ceased operations after a deal to sell the company to an affiliate of fellow Birmingham-based carrier PS Logistics collapsed.
October 10, 2025Search
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Tariffs, Capacity Keep Freight Industry on Edge
Tariffs and carrier capacity continue to be the two top issues increasing the length of transportation executives’ worry lines, according to attendees of the CSCMP Edge 2025 conference.
October 10, 2025Daimler and Toyota Name Truck Venture Archion
The joint venture partners aim to each hold a 25% stake in the JV, with the remaining shares set to be listed on the Tokyo Stock Exchange’s prime market for large corporations.
October 10, 2025ATS’ Logistics Division to Acquire Trailer Bridge Logistics
Anderson Trucking Service’s logistics division is expanding its reach by acquiring Trailer Bridge Logistics, a move aimed at strengthening ATS’ position in the U.S. freight market.
October 10, 2025Trump Suggests 'Massive Increase' on China Tariffs
Trump said Oct. 10 that “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths.
October 10, 2025First Brands’ Official Creditor Committee Includes Top Foe
Raistone has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion “simply vanished” from the company.
October 10, 2025Stellantis Shipments Jump 13% on Rise in North America
North American shipments jumped 35%, as Stellantis reintroduced popular models like the V8-powered Ram 1500 pickup.
October 10, 2025Some China-Bound Ships Carrying Oil Canceled on Port Fees
China announced Oct. 10 that it would impose fees on U.S. ships in retaliation for similar measures due to be imposed by the Trump administration Oct. 14.
October 10, 2025China Hits US Ships With Retaliatory Port Fees
They would take effect on Oct. 14, the same day that the United States is due to start imposing port fees on Chinese vessels.
October 10, 2025Venture Global Suffers Defeat in BP’s LNG Arbitration
Venture Global lost a dispute with BP involving the sale of liquefied natural gas cargoes, a surprise defeat that comes eight weeks after Venture prevailed in a similar fight with Shell.
October 10, 2025