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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 info@fenichey.com or give your rep a call today!  …

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LTL Liability Limits and 3rd Party Insurance

LTL Liability Limits and 3rd Party Insurance

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…

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Yellow Freight is back!

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  

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