On Episode 727 of WHAT THE TRUCK?!?, Dooner is talking with FreightWaves’ Craig Fuller about UPS’ sale of Coyote for $1 billion to RXO. They’re breaking down the deal and will look into why Coyote took a loss of over $700 million in the transaction. RXO is now the 3rd biggest freight brokerage. Is this…
The Private Motor Truck Council of Canada (PMTC) has announced the award winners of its 39th Vehicle Graphics Design competition. The awards were presented in seven categories: tractor-trailer, straight truck, […]
Each week, TruckNews.com lists notable moves, promotions and awards in the trucking industry. This week, Bestpass-Fleetworthy appointed Jason Moos as its new chief financial officer, and Jeff Clementz was named DAT Freight […]
The acquisition of Coyote Logistics by RXO announced Sunday received a rip-roaring reception on Wall Street Monday, with the company’s stock price trading up by double-digit percentages on a move that management said will make it the third-largest freight brokerage in the country. At about 11:15 a.m. EDT, RXO stock was up about 21.9% to…
The United States will gradually resume avocado and mango inspections in the Mexican state of Michoacan, a week after inspections and shipments were suspended when two U.S. employees were reportedly detained by protesters. The U.S. Department of Agriculture inspectors “will gradually begin to return to the packing plants following recent aggression against them,” U.S. Ambassador…