🎣 Busted!
Feds uncover $200M smuggling scheme at LA ports. Plus: Marten & Heartland cautiously optimistic, Nikola shares take a nosedive, and electric truck sales stalled.
The European unit could potentially fetch around $2 billion, based on industry estimates.
GLS Group divests US freight divisions to DC Logistics, focusing on parcel services. Deal closes Sept. 1, 2024. DC aims for top 20 LTL carrier status.
Here are the latest trends in LTL and how they could impact your business.
[Alexandria, VA, December 20, 2023] — The Transportation Intermediaries Association (TIA) is excited to welcome Curtis Garrett, founder of Understand LTL,
XPO and ARCBEST LTL carriers hit 52-week highs, with XPO up 141% and ArcBest up 54.2% over the last year.
Understand LTL (ULTL), the trailblazing less-than-truckload education and consultancy firm, is thrilled to announce its groundbreaking inaugural event: "LTL Playbook LIVE," on November 9-10, 2023, in High Point, North Carolina.
Estes grapples with a cyberattack. This comes just weeks after Yellow accepted Estes' $1.3B bid for its terminals.
Forward Air Corp. and Omni Logistics combine forces in a definitive cash-and-stock merger transaction set to close this year.
After UPS's union secured a $30 billion deal spread over five years, there was a surge in interest
Yellow, the 99-year-old trucking company, files for bankruptcy and will close, affecting 30,000 jobs and leading to the liquidation of its assets.
Class-action suit targets Yellow Corp. for violating WARN Act through abrupt layoffs. Seeks damages for employees across all subsidiaries.
Large-scale layoffs hit Yellow Logistics employees amidst rumors of impending bankruptcy. A potential lifeline from Apollo is being discussed.
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