The nation’s largest truckload carrier, Knight-Swift Transportation (NYSE: KNX) announced Tuesday the acquisition of Kansas City, Missouri-based third-party logistics provider UTXL in a $22.5 million transaction. As a licensed broker for more than 20 years, UTXL specializes in full truckload,…
CtW Investment Group has written a letter to DoorDash (NYSE: DASH) shareholders asking them to reject the reelection of Tony Xu to the DoorDash board of directors. Xu is the co-founder, chairman and CEO of DoorDash and the only board…
Global supply chain visibility firm project44 has announced it has closed on a $202 million Series E round led by funds managed by Goldman Sachs Asset Management (NYSE: GS) and Emergence Capital, with increased investment from its current investors, including…
The digital revolution has changed the way the world does business. That change has been more evident and more rapid than ever before over the past year as all industries grapple with the challenges of COVID-19. Container shipping is no…
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For many fleets, building an effective training program is the difference between setting themselves up for long-term success and submitting to a slow decline. There are three proven strategies for coaching drivers and increasing retention any fleet can implement today.…
Scorching Memorial Day heat will not let up in areas of the West this week. Redding and Sacramento, California, set record highs Monday of 109 and 104 degrees, respectively. For Redding, it was not only a record for May 31…
President Joe Biden’s election signaled a stark change in policies and priorities from those of the Trump administration — not uncommon when the White House flips political parties — highlighted by a flurry of executive orders that started just hours…
Introduction Memorial Day is observed on the last Monday of May. It honors the men and women who died while serving in the U.S. military. FreightWaves salutes all the men and women who have served in the U.S. military, and…
Chemicals shippers want the Surface Transportation Board (STB) to thoroughly mull over service impacts before agreeing to any merger between Kansas City Southern (NYSE: KSU) and another Class I railroad. The American Chemistry Council (ACC) “is concerned about further consolidation…
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