Dec 19, 2024 · “A stand-alone FedEx Freight gives LTL investors another pure play“ Table: Key performance indicators – FedEx Freight. FedEx again lowered its outlook for fiscal 2025.

Inventory management practices have also shifted over the past few years. Shippers having been snakebit with a wave of international shipping disruptions are keeping upstream inventories (cheaper) well stocked while allowing downstream (more expensive) inventories to be leaner.

Nov 25, 2024 · It acquired Midwest Logistics Systems and its 900 tractors for $263 million in January of 2022. It acquired M&M Transport Services and its 500 trucks for an undisclosed sum in August of last year.. Schneider generated revenue of $1.38 billion in its dedicated division during the last 12 months. “When it was time for me to move to a new chapter in my life, I wanted to be sure the organization ...

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Forward Air announced Thursday it has completed the acquisition of Omni Logistics. The transaction’s closing ends a bitter legal dispute between the two parties.. A news release said the deal, which likely closed at a total purchase price of $2.1 billion, is expected to create a “category leader in the expedited LTL market.”

A family-owned Missouri trucking company with 265 trucks and 255 drivers recently filed for Chapter 11 bankruptcy protection. Founded in 1983 by Randall Walker, RBX Inc. of Strafford, Missouri, hauls general freight, beverages and paper products, according to the Federal Motor Carrier Safety Administration’s SAFER website. The …

2 days ago · Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news.

Nov 6, 2024 · Former pricing analyst, supply chain planner, and broker/dispatcher turned creator of the newsletter and podcast Check Call. Which gives insights into the world around 3PLs and Freight brokers.

4 days ago · This week in Borderlands: Trump tariffs could raise consumer prices in short term, expert says; TransPak expands logistics operation in Texas; Logisticus Group opens supply chain facility near Phoenix; and Grupo Lintel plans $83 million logistics park in central Mexico.

Management from Forward Air said the company remains focused on the integration of Omni Logistics and ironing out a marketing strategy that includes its legacy expedited less-than-truckload services with its acquired air and ocean freight forwarding business.During opening comments on a Monday evening call, management told analysts it would not comment on “rumors or speculation” that the ...