News
Virginia building fabricator, trucking firm folds amid economic uncertainty
DFI Systems Inc. President Marcus Gravely says soaring lumber prices, the costly decision to move the company headquarters during the COVID-19 pandemic and the inability to find new investors was the perfect storm that…
TrueTMS exits stealth mode to help small carriers digitize operations
Software-as-a-service provider T3 Tech this week moved its transportation management system TrueTMS out of stealth mode to help small fleets navigate their business operations. According to George Thellman, the company’s…
Ryder’s debt rating upgraded by S&P
Ryder System, which has been on a string of strong earnings for the last two years even as it has forecast lower profitability in 2023, has had its debt rating upgraded by S&P Global Ratings to BBB+. The company already…
All things clearinghouse and compliance —Taking the Hire Road
This week on Taking the Hire Road, Jeremy Reymer, founder and CEO of DriverReach, is joined by a great friend of the show, Brandon Wiseman, owner and president of Trucksafe Consulting. Trucksafe Consulting helps fleets…
F-150 Lightning Is Ford’s Only EV to Get Full Tax Credit
Ford Motor Co. expects only its F-150 Lightning pickup to qualify for a full tax credit under a new law designed to spur adoption of battery-powered models.
3PLs top player in warehouse leasing last year
Third-party logistics providers leased more North American big-box warehouse square footage in 2022 than any other customer category, according to a report published Thursday by CBRE Group Inc. This is the first time that…
Rail Roundup: Port of Virginia to invest $18M to upgrade facilities
Port of Virginia to invest more than $18M at Virginia Inland Port and Richmond Marine Terminal The Port of Virginia is planning to invest more than $18 million to expand capacity at the Virginia Inland Port (VIP) near Front…
CMA CGM’s CEO Forges Ahead With China, Media Deals
CMA CGM SA CEO Rodolphe Saade said the world’s third-largest container line has reached new supply deals in China and an investment in a French online media company.
The real story behind ‘Goodfellas’
FreightWaves Classics is sponsored by Old Dominion Freight Line – Helping the World Keep Promises®. Learn more here. On this episode of Tracks Through Time as part of FreightWaves Classics, Deputy Editor Brielle Jaekel…
Malibu trailer theft reminder of vulnerability of carriers’ assets
The worst nightmare of every business owner became reality last December for one Malibu, California, homebuilder, “John”: His trailer and $300,000 worth of wood inside it were stolen from his garage. While John had secured…
