FreightWaves Infographics: Estes acquires 7 leased terminals from Yellow
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Former Forward Air CEO Tom Schmitt joins Nikola
Zero-emissions truck manufacturer Nikola Corp. said it has hired former Forward Air CEO Tom Schmitt as its chief commercial officer. Schmitt’s February departure from Forward Air came shortly after the company closed on an ill-conceived merger with Omni Logistics. Schmitt engineered the transaction, which pitted Forward as both capacity provider and competitor to some of…
Jack Cooper LTL in talks to acquire Standard Forwarding
Startup Jack Cooper LTL is in talks to acquire less-than-truckload carrier Standard Forwarding, according to multiple sources familiar with the matter. Little is known about the new offshoot of Jack Cooper – a Teamsters-staffed car hauler – other than various posts from LTL veterans on LinkedIn in recent weeks showing that they now work for…
Global freight forwarder confirms malware attack for ‘technical disruptions’
Atlanta-based JAS Worldwide, a global freight forwarder, confirmed Tuesday that it was targeted by a ransomware attack after experiencing technical disruptions, which affected its ability to operate and service its customers. “Upon identification of this issue, we immediately secured our systems and commenced an investigation with assistance from external cybersecurity experts,” JAS Worldwide said in…
Will we hear updated ILA demands next week?
International Longshoremen’s Association delegates to meet next week On Sept. 30, the International Longshoremen’s Assocation’s contract expires and it’s approaching quickly. Negotiations between the union and the United States Maritime Alliance have been stalled since June. It’s been a long silence on any update about a potential strike that remains at the top of many…