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Schneider acquires Cowan Systems, boosting its dedicated fleet to 8,400 tractors and solidifying its $2B revenue path.
Plus: CargoNet's Thanksgiving theft trends, a robotic system for unloading non-palletized goods lands a $50M investment, trucks stolen in Chicago, and more.
UPS acquired Coyote Logistics in 2015 for $1.8 billion, marking it as the most expensive acquisition in UPS history at the time.
Good Monday morning. Today, we're covering UPS post-earnings report maneuvers: From 12K in job cuts to possibly selling its Coyote brokerage unit. Plus, explore truck volume trends, beefed-up cargo thefts in Philly, and the sustained strength of U.S. cross-border freight. The world's most famous double broker is also back.
🤔 Question of the Day: What is the best freight city in the US? Scroll to the main story in Around the Freight Web to cast your vote.
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Schneider acquires Cowan Systems, boosting its dedicated fleet to 8,400 tractors and solidifying its $2B revenue path.
Plus: CargoNet's Thanksgiving theft trends, a robotic system for unloading non-palletized goods lands a $50M investment, trucks stolen in Chicago, and more.
FMCSA releases video for drivers to get back CDLs, Trump names commerce secretary, and more.
Plus: The DOT Secretary's announcement, a new FMCSA broker transparency proposal, surging Walmart sales, and more.
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