For more than 68 years, Werner has made a name for itself as one of the most innovative transportation companies in the industry. Today, Werner and its leaders are focused on the future by investing in the solutions, innovations and processes needed to drive success. Ultimately, Werner selects customers with similar values and a winning…
February’s U.S. container import volumes decreased 6% from January — a better-than-expected performance as the sector enters its slow season. But other signs point to potential softness in domestic freight in March and April. The 2.14 million twenty-foot equivalent units imported in February represent a 23.3% year-over-year increase, according to the latest monthly report from…
TFI International announced the acquisition of less-than-truckload carrier Hercules Forwarding Monday after the market closed. Hercules operates a 31-terminal network throughout the U.S. and Canada, focusing on intra-U.S. and U.S.-to-Canada shipments. The company has more than 210 trucks, nearly 600 trailers and approximately 75 containers, generating revenue of more than $100 million annually. The nearly…
If the price volatility of the past few years has exhausted diesel consumers, recent weeks have been a welcome respite. The stability in the market was driven home by the Monday release of the Department of Energy/Energy Information Administration average weekly retail diesel price, the basis for most fuel surcharges. The price fell 1.8 cents…
A Texas appeals court recently declared an 1872 jobs agreement between Palestine, Texas, and Union Pacific to be unenforceable. The ruling moves Union Pacific (NYSE: UNP) a step closer to its goal of closing a rail car shop in the east Texas town of 18,000. The 12th Court of Appeals in Tyler, Texas, issued the…