Saia is turning to NASCAR as a new marketing platform, sponsoring a car from the Joe Gibbs Racing team. The post Saia starts ...
Recent results from publicly-traded trucking carriers reinforces the thesis that while the trucking market is improving for ...
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Canada-based freight conglomerate TFI International followed its announced acquisition of Daseke by rolling out a plan last year to split its truckload and LTL holdings into separate companies.
Freight claims are a headache for ... truckload niche that doesn’t use traditional breakbulk LTL strategies. From there, the two companies grew together. From a single lane, Fleurco expanded ...
the logistics giant decided it would separate the division into a standalone publicly traded company within 18 months. The freight division is already the largest LTL carrier in the U.S. by ...
On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx ...
Although the prospective spin-off of FedEx Freight slightly spooked investors in LTL companies, I think ODFL investors have little to fear. FedEx Freight will be a worthy competitor, but probably ...
Knight's acquisitions of AAA Cooper and Midwest Motor Express in 2021 marked another turning point, placing the company in the less-than-truckload shipping sector. Market share gains from bankrupt ...
Saia LTL Freight partners with Joe Gibbs Racing, sponsoring Ty Gibbs and the No. 54 Toyota Camry XSE in NASCAR Cup Series.