Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industry experts interviewed by Transport Topics.
January 4, 2019Search
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Forager Logistics Launches as Cross-Border Freight Broker
The cross-border freight brokerage and logistics service field has a new player in Forager Logistics. The Chicago-based company will focus on servicing supply chain networks in the automotive and aerospace industries, according to a Jan. 3 press release.
January 4, 2019
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Seko Logistics Acquires GoodShip International
Seko Logistics, a supply chain solutions provider, has acquired GoodShip International Inc. The move marks Seko’s first full acquisition of another independent freight forwarding specialist in its 42-year history, the company stated in a Jan. 3 press release.
January 4, 2019Ravn Air Group Purchases Assets of Peninsula Airways
Ravn Air Group, a portfolio company of J.F. Lehman & Co., has purchased the assets of Peninsula Airways Inc., according to a Dec. 26 press release.
January 4, 2019Universal Logistics Acquires Container Connection in Latest Drayage Expansion
Universal Logistics Holdings, an asset-light provider of customized transportation and logistics solutions, has announced the acquisition of Deco Logistics and Oaktree Logistics, which conduct business as Container Connection.
January 4, 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, 2019Union Sues GM, Says Laid-off Workers Should Replace Temps
DETROIT — The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers instead of employing full-timers who were laid off from its factories.
January 3, 2019Driver Turnover Falls at Large TL Carriers
The third-quarter turnover rate at large truckload carriers fell 11 percentage points to 87%, marking its lowest point since the first quarter of 2017 when it was 74%, American Trucking Associations reported.
January 3, 2019China Said to Be Back for US Soy as Trade Talks Scheduled
China is back in the market for U.S. soybeans after taking a holiday break as Washington and Beijing plan more trade discussions.
January 3, 2019Factory Gauge Tumbles by Most Since 2008 as Orders Cool
A gauge of U.S. manufacturing plunged last month by the most since October 2008, a fresh sign of deceleration in the economy amid global strains across the sector. U.S. stocks extended declines and Treasury yields fell after the report.
January 3, 2019