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Hub Group Enters the M&A Arena Freightwaves is reporting that Hub Group has entered the refrigerated over-the-road transport business with a $130M all cash acquisition of Choptank Transport. This gives Hub a large segment of both Intermodal and OTR refrigerated transport. For more information regarding Fenichey’s ability to help you move your markets, please contact us at [email protected] or give…
One of the dirty little secrets that your freight broker may not reveal is that in negotiating the low prices they offer, many times the brokers give the carriers low liability limits in the event of loss or damage. For example, an LTL carrier’s tariff might say that they will only be responsible for a valuation that corresponds to the…
General Average Declared for Ever Given Suez Disruption
LTL giant UPS Freight is in the cross hairs of Canadian firm TFI. The offer appears to be an $800M all cash offer from TFI who will rename the company TForce Freight. Click Here for full the TFI Press Release
Looks like the YRC name is going to fade away as YELLOW has been resurrected! With that, Yellow is hiring 1500 drivers and expanding their in house driver training program. This is decidedly good news in an industry with diminishing capacity
Transport Topics is reporting today that the FMCSA has offered Hours of Service Rules relief to driver’s transporting medical supplies, food and fuel to areas affected by the COVID-19 outbreak.