TFI International announced it has acquired food-grade tank hauler Entreposage Marco. Quebec, Canada-based Entreposage Marco transports edible products like oils, liquid yeast, sweeteners and fruit juices. It has a fleet of 15 power units, according to the Federal Motor Carrier Safety Administration. Financial terms of the transaction were not provided. The deal pales in comparison…
On a recent episode of Fuller Speed Ahead, Craig Fuller, founder and CEO at FreightWaves, was joined by Mark Picarello, managing director at SecurSpace and CargoWise Landside, to talk about the state of the market and highlight recent enhancements in their CargoWise platform. Fuller notes that WiseTech Global, the parent company, has made a number…
The logistics industry is facing challenges from increasingly sophisticated fraud. Recently a bipartisan bill in Congress targeted scam freight brokers and trucking companies by seeking to require stricter registration and enforcement rules for brokers and carriers with the Federal Motor Carrier Safety Administration. Now trending are technology providers in the space who are trying to…
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WASHINGTON — Some truck drivers are urging the Biden administration to approve reclassifying marijuana to a Schedule III drug, but employers that fear safety would decline and put trucking companies at risk are pushing back. Only a fraction of the more than 20,000 comments filed so far in the rulemaking, published in May by the…