Running on Ice: Quarterly earnings comes for cold chain

Hello, and welcome to the coolest community in freight! This year’s Future of Freight Festival takes place Nov. 19-21 in Chattanooga, Tennessee. But it’s not your average conference. Sure, there are wonderful speakers and fireside chats. But that’s only half the fun. F3 is set up with half-days of speakers and amazing content. The other…

Start tracking what your drivers are doing right

Trucking companies have long encountered post-accident lawsuits, but the legal landscape has become more precarious for fleets over the past decade. As carriers continue to be hit with nuclear verdicts, it is more important than ever for industry leaders to invest in safety. “Today, the accident is just the start of the conversation,” said Adam…

Yellow’s unsecured creditors frustrated as professional fees mount

Creditors to bankrupt Yellow Corp.’s estate said its advisers are “no closer to a chapter 11 plan” than they were two months ago when a Delaware bankruptcy court extended them another 90 days to plot a course to best liquidate the remaining assets. The official committee of unsecured creditors to the estate asserts that “these…

Newly public Proficient has strong Q2, makes first post-IPO acquisition

Proficient Auto Logistics has two quarters in the books – at least in terms of financial reports – giving investors a better look at the auto carrier, which is also getting bigger. The company, essentially a rollup of several auto carriers under the Proficient banner that went public in May, posted an operating ratio of…