FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15.
January 25, 2019Search
Showing 10 of 707 results
= Premium Content
UPS Expands Keyless Apartment-Building Entry That Started in NYC
United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco.
January 22, 2019Shareholders Offered Option of Buying More Stock as Roadrunner Seeks to Recapitalize Its Business
Shareholders of Roadrunner Transportation Systems, who have seen the value of their holdings plummet following a finance scandal that led to the dismissal of several top executives more than a year ago, are being given a chance to buy more stock — 900 million shares to be exact — at 50 cents a share as part of an effort by new management to recapitalize the business.
January 9, 2019J.B. Hunt Moves Aggressively Into Final-Mile Sector With Purchase
In an effort to strengthen its position in the growing final-mile trucking sector, J.B. Hunt on Jan. 8 announced it is purchasing Cory 1st Choice ºÚÁϳԹÏÍø Delivery for $100 million.
January 9, 2019Teamsters Exchange Contract Proposals with YRC, Holland and New Penn
After working for eight years under a series of contract extensions, less-than-truckload carrier YRC Freight and its two regional operations have opened contract negotiations with the International Brotherhood of Teamsters.
January 9, 2019Fleets Reap Riches by Expanding Into Last-Mile Service
Truck driver Justin Osborne pulled up to a house in the Dallas suburbs last month and started unloading an oven, a dishwasher and a microwave. His mission: Help J.B. Hunt Transport Services Inc. win the battle for new delivery riches spurred by e-commerce.
January 9, 2019Trucking Industry Expected to See Slower Growth in 2019
After a 2018 that saw record-setting levels of freight-hauling demand and driver pay as tonnage levels reached a 20-year high, the trucking industry is expected to remain strong in 2019 but undergo a bit of a cool-down, economists say.
January 7, 2019Moving Company Study Shows More Residents Left New Jersey Than any Other State in 2018
A study by United Van Lines has revealed that Americans are moving west and south, according to a Jan. 2 press release.
January 4, 2019United Road Services, Carlyle Group Buy Fleet Car Carriers
United Road Services has joined with The Carlyle Group and other investors to acquire Colorado-based Fleet Car Carriers.
December 28, 2018Ozark Motor Lines Raises Pay as Trucker Shortage Creates Worker Demand
Two motor carriers are closing out the year with pay increases for drivers, capping off a 2018 trend that saw many fleets boost compensation in order to attract and retain drivers.
December 19, 2018