Titanium Transportation makes 1st US acquisition

Canadian transportation and logistics provider Titanium Transportation Group announced Monday it has acquired Georgia-based truckload carrier Crane Transport for $53 million in cash and debt. Titanium also acquired the carrier’s real estate for an additional $6 million. Crane Transport operates a fleet of 200 trucks out of two 11-acre terminals in Georgia and Alabama, generating…

Teamsters notified Yellow filing bankruptcy

The International Brotherhood of Teamsters said late Sunday that it had been notified that less-than-truckload carrier Yellow Corp. has ceased operations and will file for bankruptcy.  “Today’s news is unfortunate but not surprising,” stated Sean O’Brien, Teamsters general president. “Yellow has historically proven that it could not manage itself despite billions of dollars in worker…

Yellow ceases operations

Less-than-truckload carrier Yellow Corp. ceased all operations at 12 p.m. Sunday, according to a notice on the gates at its terminals. Separate internal documents showed the procedures for closing the facilities as well as “talking points” to be used when informing union employees not to show up for their shifts. The documents indicated the company…

Borderlands: BNSF Railway rethinks plan to build Texas logistics center after community opposition

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: BNSF Railway rethinks its plan to build a Texas logistics center after community opposition; Paschall Truck Lines adds a new cross-border terminal; Niagara Bottling will build a logistics center in Central Texas; and the Commerce Department…