3+ hour, 10+ min ago   (260+ words) Chicago Freight, based in Carol Stream, Illinois, reported nearly $696,000 in liabilities in the Aug. 5 voluntary petition. Chicago Freight filed for Chapter 7 bankruptcy, according to a voluntary petition in federal bankruptcy court. The carrier reported having $2,500 in assets and nearly $696,000 in…...

1+ day, 3+ hour ago   (695+ words) Knight-Swift and Schneider National leaders say small carriers may struggle to transition in a legal environment where safety performance faces higher scrutiny. The aftermath of a Supreme Court decision regarding freight brokers is leading several large carriers and brokers to…...

2+ day, 3+ hour ago   (292+ words) Notably, its truckload segment operating ratio improved from 100.9% in Q1 to 97.9% in Q2. Tighter trucking capacity benefited Marten Transport in Q2, which achieved a 97.9% operating ratio for the quarter in its truckload segment. That compared to an OR of 97.8% year over year and…...

2+ day, 3+ hour ago   (515+ words) The combination will double the company’s existing capacity of energy under management. Einride entered a definitive agreement to acquire Flipturn, a developer of charging and energy management software for electric fleets for the estimated price of $38.4 million, the firm announced…...

3+ day, 3+ hour ago   (282+ words) The efforts come weeks after the EPA proposed eliminating diesel exhaust fluid-related engine derates and vehicle speed restrictions on newly manufactured trucks. Obtained from Mack Trucks Volvo and Mack are joining Daimler Truck North America and Paccar in easing diesel…...

4+ day, 3+ hour ago   (322+ words) Executives said brokers are looking to larger companies as legal exposure reshapes the industry. The Supreme Court’s decision in the Montgomery case could reshape the competitive landscape for freight brokers by increasing their legal exposure when selecting carriers. The court…...

1+ week, 1+ hour ago   (230+ words) DD Freight Express of Burr Ridge, Illinois, reported equipment assets would cover liabilities. DD Freight Express’ bankruptcy petition comes as the carrier was entwined in a legal dispute with PNC Bank. The bank filed a complaint in April, claiming the…...

1+ week, 1+ hour ago   (329+ words) A simplified structure is helping the carrier reward its workforce, which the business says translates to its customer service experience. Averitt made changes to its regional and LTL driver compensation packages, the carrier announced in a July 29 news release. The…...

1+ week, 1+ day ago   (463+ words) The Canada-based company expands its food-grade bulk logistics services in its portfolio of capabilities. Trimac Transportation has acquired bulk food logistics services provider California Freight, the company announced in an Aug. 4 press release. The carrier, which was acquired by Trimac…...

1+ week, 2+ day ago   (221+ words) CEO Alain Bédard noted during a Q2 earnings call the transport conglomerate’s interest in a small, nonunion less-than-truckload business in the U.S. Canada-headquartered TFI is interested in expanding its nonunion business, the company suggested on the earnings call. But that…...