Hub Group CFO and COO Exit Ahead of September Earnings Refilings
Two longtime executives left leadership roles as the intermodal carrier works to correct accounting errors that will force it to refile multiple earnings…
Carrier Business
Carrier bankruptcies, mergers, acquisitions, layoffs, earnings, expansion, and insurance market shifts.
Kevin Knight Steps Down as Knight-Swift Executive Chairman
The co-founder who built Knight Transportation from startup to mega-carrier exits the executive suite after 36 years.
California Heavy-Haul Carrier Magna Transportation Heads to Auction
A secured creditor is selling 37.5% of MagnaTrans LLC on June 30 under UCC foreclosure. What the auction means for the heavy-haul market.
Seven Carriers File Bankruptcy in One Week Despite Freight Volumes Up 43%
Sparhawk Trucking warns 146 drivers of closure. HelloFresh, GEODIS, FedEx cut 600-plus logistics jobs as small fleets fold under margin pressure.
RPS Turned FedEx Ground Into a Parcel Giant, Then Paid for LTL
The 1998 Caliber deal brought RPS and unwanted Viking Freight. Now FedEx spins off the LTL network RPS forced it to buy.
Towing Bills Are Draining Small Fleets $50 a Day Over State Caps
80% of carriers paid inflated recovery fees. Most never checked state rate ceilings or audited the invoice.
Diesel Tech Retention Hinges on Respect and Tools, Not Just Pay
Survey data shows fleets falling short on workplace basics that keep mechanics from walking, even when wages are competitive.
Prime Inc. Opens $7.9M Used-Truck Dealership Built for Owner-Operators
The Springfield flagship adds 107 display spaces and driver-centered amenities to Prime's Pedigree dealership network.
C.R. England Holds No. 1 Reefer Spot as K.L. Breeden Cracks Top 10
FleetOwner 500 reefer rankings hold steady at the top, but K.L. Breeden & Sons climbs to No. 6 and National Carriers enters at No. 10.
C.H. Robinson Cuts Carriers Over Safety Scores After Supreme Court Ruling
The broker is pulling load access from carriers above FMCSA intervention thresholds. The timing lines up with a May Supreme Court decision that may have…
Yellow Corp. Workers May Get Paid by July After 3-Year Wait
Bankruptcy court approved liquidation plan in November. Employee claims classified as priority. Transition to liquidating trust expected June or July, but…
Averitt, Port Operators Bet on Long-Term Freight Growth with Terminal Expansions
Cookeville carrier building 50,000-square-foot Louisville campus, Charlotte facility near airport. Warehousing and port projects follow as carriers position…