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Business, Logistics, For-Hire, Top 100

Knight-Swift Closes 2024 Preparing for Upturn

The Phoenix-based truckload motor carrier reported a revenue decline of 3.5% in the fourth quarter amid efforts to improve the business ahead of the expected up cycle.

January 23, 2025
Business, Equipment, Logistics, For-Hire, TCA

TFI Chassis Buys Mickey Truck Bodies Land in North Carolina

A portfolio of 41 Mickey Truck Bodies property tracts in High Point, N.C., has been flipped for $35.52 million to TFI Chassis Portfolio.

January 21, 2025
Business, Technology, Equipment, Logistics, For-Hire, Top 100

J.B. Hunt Ends 2024 With Slight Revenue Decline

The Lowell, Ark.-based carrier ended the year slightly behind where it was during the prior fourth quarter amid efforts to reinvest and improve operations, the company reported Jan. 16.

January 17, 2025
Business, Logistics, For-Hire

A. Duie Pyle Reopens Ex-Yellow Terminals

A. Duie Pyle in a fast start to 2025 set in motion plans to open four new less-than-truckload terminals.

January 17, 2025
Business, Logistics, For-Hire

Truckload Rate Outlook for 2025 Softens, Remains Positive

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.

January 15, 2025
Business, Technology, Equipment, For-Hire

Fleets Turn to Remanned Parts to Reduce Operating Costs

The impact of a three-year freight recession and consistently rising costs is providing both opportunity and challenge for truck parts remanufacturers in the dubbed “reman†market.

January 13, 2025
Business, Logistics, For-Hire, Top 100

Forward Air Probes Sale, Merger, Divestment Options

Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.

January 8, 2025
Business, Logistics, For-Hire, Top 100

Atlas Acquires Canadian Customs Specialist Orbit Brokers

Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.

January 7, 2025
Business, Equipment, Logistics, For-Hire, Top 100

Pitt Ohio Buys LTL Carrier Sutton Transport

Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.

January 7, 2025
Business, Logistics, For-Hire, Top 100

Why 2025 Could Be the Year of the Corporate Spinoff

Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.

January 6, 2025