Navistar Wins $16.5M Lawsuit Over 1,100-Truck Delivery Delay
Michigan jury rejects Central Transport's claim that late 2022 tractor deliveries cost the fleet $15.7 million in lost resale value during the used-truck boom.
Carrier Business
Carrier bankruptcies, mergers, acquisitions, layoffs, earnings, expansion, and insurance market shifts.
How a felon with no license built a 40-truck fleet in seven years
Jerry Murphy started in 2017 with a suspended license and a felony. This summer he bought a 40-year-old carrier and added 25 trucks and 140 trailers to the…
Nine Carriers, Logistics Firms File Bankruptcy as 245 Jobs Cut
Small trucking companies, a drayage fleet, and a trailer maker entered Chapter 7 or 11 protection in the past two weeks while four logistics facilities…
BulkLoads Buys Livestock Network, Adds 25-Year-Old Load Board to Ag Portfolio
Springfield, Missouri-based BulkLoads acquires livestock load board founded in 2000, giving 10,000-carrier network access to factoring, insurance, and TMS…
$104M verdict lands on MVT after driver fell asleep, killed co-driver
El Paso jury found Mesilla Valley Transportation and its trainer responsible for 2020 crash that killed Orlando Robles in sleeper berth.
Indiana State Police Recover $11M in Stolen Freight Since April
Twelve truckloads recovered across central Indiana as investigators track chameleon carriers, forged documents, and fake ELD data.
$104 million verdict hits MVT after driver fell asleep, killed co-driver
El Paso jury found Mesilla Valley Transportation and trainer liable for 2020 fatigue crash that killed sleeper-berth driver on I-40.
Yellow Escapes $300M WARN Act Liability in Federal Ruling
Federal court affirms Yellow qualified as a 'faltering company' when it laid off 22,000 union workers in July 2023. New Jersey employees may still see limited…
CMA CGM Buys FedEx Supply Chain for $1.4B, Triples Warehouse Footprint
French ocean carrier acquires FedEx's contract logistics arm, adding 80 warehouses and 10,000 workers to its North American 3PL subsidiary Ceva.
M&A advisors call 2027 'record-breaking' for trucking deals
Tenney Group says buyers can no longer sit on capital, expects deal volume to spike after three flat years.
Insurance Costs Climb as State Laws Erode Federal Preemption Shield
Cover Whale CRO says legislative patchwork and underwriting failures are driving carrier insurance premiums higher, not just nuclear verdicts.
Schneider Names New Truckload, Intermodal Chiefs as Filter Takes CEO Role
Green Bay carrier promotes from within as Mark Rourke moves to executive chairman. Steve Wells, who ran Cowan Systems, now leads the $2.5B truckload unit.