How brokers can avoid cargo coverage ‘gotcha’ situations

Insurance has been a hot topic across the trucking industry over the past several years. Most often, however, insurance talks revolve around motor carriers and truck drivers. Freight brokers have largely been left out of the conversation. Broker liability is often a gray area. In fact, multiple related cases have recently caught the attention of…

Railroad’s share bounce should leave intermodal shippers wary

Before getting into news, two announcements:  Stockouters, I want to see you in Atlanta!  My subscribers can access tickets to FreightWaves’ Future of Supply Chain at a reduced rate here. The event takes place June 4-5 at the Georgia International Convention Center. Click here for what to expect.   Also, The Stockout show, which I co-host…

Averitt expands Nashville-area distribution, fulfillment operation

Averitt Express has moved into a new distribution and fulfillment center near Nashville as part of the company’s expansion and enhancement of three key facilities in the Middle Tennessee area. The less-than-truckload carrier’s distribution and fulfillment center in Lebanon, Tennessee, features 280,000 square feet of enclosed freight storage space aimed at equipping Averitt for regional…

Ryder buys Cardinal Logistics, which dwarfs its current dedicated business 

Ryder System is dramatically growing its dedicated transportation services operations with the acquisition of Cardinal Logistics. The investment firm of H.I.G. Capital was the seller in the deal. A price was not disclosed and Ryder said it would not answer further questions about the transaction, which has closed. However, it did say the deal would…

Shaping the future of freight at AirCargo Conference 2024

The highly anticipated AirCargo Conference 2024 promises to be the most transformative industry event yet for the freight transportation and logistics sectors. As the premier gathering for airfreight professionals, AirCargo Conference 2024 will feature an agenda packed with discussions around critical issues impacting the industry. It is co-sponsored by the Air and Expedited Motor Carrier…