Regency Transportation, a family-owned dry van truckload and warehousing firm based in Franklin, Mass., has agreed to purchase Sweeney Transportation in Chicopee, Mass., for an undisclosed amount.
April 2, 2018Business
Smith Transport Founder Hires Todd Smith as President
January 31, 2018
Business
Covenant, Werner Report Strong Third-Quarter Earnings
Three publicly traded carriers reported results on Oct. 19 with two reporting profits better than 2016 and one with a decline in the third quarter.
October 19, 2017Business
J.B. Hunt Revenues Rise on Higher Freight Volumes
J.B. Hunt Transport Services Inc. profits fell 8.3% in the third quarter, the company announced Oct. 13, coming up short of the Bloomberg News consensus forecast of analysts.
October 13, 2017BusinessEquipment
Truckload Earnings Expected to Be Mixed for Third Quarter, but Brighter Times Are Ahead, Insiders Say
Wall Street analysts expect truckload carriers to report mixed third-quarter earnings, despite a boost in business related to hurricanes Harvey and Irma.
October 12, 2017Business
Titanium Acquires Canadian Van/Flatbed Carrier Xpress Group
Titanium Transportation Group has acquired Canadian dry van truckload and flatbed carrier Xpress Group, based in Windsor, Ontario, for C$3.1 million in cash and the assumption of C$5.2 million in debt.
October 6, 2017GovernmentBusinessLogistics
Shippers Discuss ELDs, Intermodal in Cowen Survey
Shippers expect to put more freight on railroads next year as concern persists about how the electronic-logging device mandate will tighten trucking capacity in 2018, according to a Cowen and Co. survey.
October 3, 2017Business
Covenant Transportation Group Adopts New Name to Market Services
Covenant Transportation Group is adopting Covenant Transport Services as its new name to emphasize the company’s broad range of freight services.
October 2, 2017Business
Canadian TL Carrier Kriska Acquires Service Freight Systems
Canadian truckload carrier Kriska Transportation Group has acquired Service Freight Systems of Ontario and has kept the management team there in place.
September 25, 2017Business
Hurricanes to Increase Contract, Spot Rates Outside Disaster Areas
Truckload rates have skyrocketed after hurricanes Harvey and Irma battered Texas and Florida, but the higher prices will also trickle down into states nowhere near the devastation, industry executives say.
September 14, 2017