KKR & Co.’s revived attempt to potentially sell container and logistics services provider Goodpack has attracted interest from global investment firms including Apollo Global Management.
February 21, 2025Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Trump’s Growing Focus on Tariffs Raises Odds of Trade War
President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.
February 21, 2025Stellantis Pauses Jeep Compass, Ontario Plant Operations
The Brampton plant, which employed about 3,000 workers, is currently being retooled to build electric and and gas-powered vehicles for the Jeep brands.
February 20, 2025Standard Forwarding Freight Buys Midwest LTL Carrier From DHL
Standard Forwarding Freight bought the assets of Midwest less-than-truckload carrier Standard Forwarding from DHL Freight for an undisclosed sum.
February 21, 2025Rivian Reports Profit but Cuts 2025 EV Sales Forecast
Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.
February 20, 2025TFI’s Decision to Relocate to US Sparks Controversy
Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.
February 20, 2025TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease
The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.
February 20, 2025InCharge Energy, DLL Team Up on EV Charging Expansion
The companies announced the agreement Feb. 18, saying the goal is to lower financial barriers for organizations looking to transition to electric vehicles.
February 20, 2025New Texas-Mexico Border Project to Improve Truck Processing
Customs and Border Protection has partnered with Texas on a $6.9 million construction project to more efficiently process trucks bringing in cargo from Mexico at the Los Indios crossing.
February 20, 2025Congressional Leaders Negotiate Budgets
With a funding deadline fast approaching, congressional leaders have yet to debate a plan for averting a government shutdown next month.
February 20, 2025