Plus, a politician gets slammed for uninformed trucking post, Walmart invests big in Mexico, railroad cargo theft takes spotlight, and more.
TGIF. Nikola founder Trevor Milton claims he’s been pardoned by Trump, but there's no official confirmation. Many
You’re cruising down the highway when you notice a truck driver carefully swapping out his truck’s DOT number on the side of his rig. What in the world is going on here?!
TFI International acquires Dahlsten Truck Line, expanding its Midwest operations with a seasoned carrier's fleet and load capacity.
TFI International has expanded its Specialized Truckload segment by acquiring Dahlsten Truck Line, a Nebraska-based regional carrier with operations in the Midwest. Dahlsten, in operation since 1946, boasts a fleet of around 75 trucks and a significant load capacity of over 27,000 loads annually. This move comes in a year that TFI International, a Canadian logistics giant, considers slow for mergers and acquisitions, having spent approximately $100 million in this area. Despite this year's challenging freight market, TFI is gearing up for potentially larger acquisitions in 2024, with a 65-75% chance of executing a significant deal, as hinted by their CEO Alain Bédard.
Source: Trucking Dive
One more share from this morning's WSJ logistics email newsletter - TFI acquires Nebraska-based truckload carrier https://t.co/kSsya9WGFy via @TruckingDive
— Cathy Roberson (@cmroberson06) December 1, 2023
Big deal, you may say? it's TFI's 12th acquisition this year. 😮
Source: Cathy Roberson
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Is this trucker a criminal or just a hustler trying to stay in the game? It depends on how you look at it.
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
CtrlChain carriers cut admin time by 95%, process paperwork 80% faster, and get paid 4x quicker. See what’s new in 2024—and what’s coming next in 2025!
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
