C.H. Robinson buys RXO for $5.8B in largest brokerage merger ever
Combined company targets $300M in cost cuts within two years. Deal merges No. 1 and No. 3 truck brokers, may trigger wave of mid-size consolidation.
Carrier Business
Carrier bankruptcies, mergers, acquisitions, layoffs, earnings, expansion, and insurance market shifts.
XPO Opens Mesa and Cameron Service Centers in Network Push
Two new LTL facilities in Arizona and Missouri extend XPO's North American footprint as the carrier invests in capacity ahead of expected freight recovery.
Amazon Relay Expects 300,000 Weekly Loads by December, Up 11%
RelayCon 2026 drew 1,000 carriers to Las Vegas, double last year's count, as Amazon announced longer contracts, fuel discounts up to 66 cents per gallon, and a…
Amazon Relay Carrier Had 2 Months Authority When Crash Occurred
Lawsuit alleges Amazon assigned loads to Road Warriors Logistic 120 days short of its own 180-day authority requirement before October 2024 New Mexico…
Nuclear verdicts in trucking nearly triple in 2025
Marathon Strategies data shows large civil litigation awards hitting trucking and automotive sectors hardest, compounding insurance and entry costs for small…
Hub Group Faces Nasdaq Delisting Over Delayed Financials
Intermodal carrier missed filing deadline after accounting error triggered review of 2023-2025 results. Appeal hearing could take 45 days.
$110K Chicken Load Traded for Drug Debt, Driver and 11 Others Arrested
Memphis police interrupted an independent contractor unloading frozen cargo behind a hotel. The driver told officers he owed a drug debt. Twelve people face…
Truck financing rates hit 12% as banks exit mid-size fleet market
Three-and-a-half-year freight recession shredded carrier credit profiles while lenders left the sector. Fleets of 50 to 200 units now face a capital squeeze.
Yellow estate settles final four pension plans, MFN backs deal
The liquidating trust closed settlements with the last four pension funds, ending a dispute that earlier versions failed to resolve.
Alabama Carrier Sued for Raiding Logistics Firm's Staff, Customer Data
Imperative Logistics claims Alabama Motor Express hired five employees in rapid succession, then used stolen pricing and customer lists to undercut bids.
Gatik raises $200M to put hundreds of driverless trucks on middle-mile routes
Autonomous freight startup now claims over $600M in contracted revenue and plans to scale from dozens of trucks to several hundred by year-end.
Arrive Logistics to hire 1,000 after Mubadala takes majority stake
Austin brokerage plans workforce expansion, new freight modes, and TMS investment following capital infusion from $60B alternative-asset manager.