Forward Air announced Monday that its deal with Omni Logistics will close at a slightly reduced amount.

C.H. Robinson said 10 of the top less-than-truckload carriers on its platform are now using electronic bills of lading.

J.B. Hunt Transport Services’ fourth quarter was weighed down by insurance costs but revealed a couple bright spots at the bottom of the cycle.

A Delaware court will determine if Forward Air is required to close on a merger with Omni Logistics, or if Omni breached the deal agreement as alleged.

Logistics real estate operator Prologis’ 2024 outlook calls for relative softness in the market during the first half of the year before rebounding.

PS Logistics announced its second deal of the year, acquiring the flatbed operation of North Carolina-based ELS.

Equities analysts have trimmed fourth-quarter truckload estimates again after the industry limped through the final days of the year.

Warehouse operator Prologis reported in-line fourth-quarter results and full-year 2024 guidance.

J.B. Hunt announced it has added former railroad executive Patrick Ottensmeyer to its board.

December data from Cass Information Systems shows further rate stabilization, albeit at depressed levels.

Yellow’s estate is roughly halfway through the liquidation of more than 300 terminals, a court order showed Friday.

Werner Enterprises said Wednesday that Nathan Meisgeier, its chief legal officer, has also assumed the role of president of the company.

PS Logistics’ latest acquisition adds several hundred trucks to its Southeast operations.

Morgan Stanley told investors on Monday that a rebound in freight demand may happen sooner than many are expecting as inventories need to be rebuilt.

Less-than-truckload carrier Pitt Ohio announced the expansion of its New England service on Monday.

Chattanooga, Tennessee-based 3PL Kenco announced Thursday it has acquired third-party warehousing services provider The Shippers Group.

The Logistics Managers’ Index report showed transportation metrics worsened again in December but noted recent inventory cuts could put the freight cycle back on track in 2024.

2023 brought two large truckload acquisitions, several less-than-truckload carriers picking through a bankrupt carrier’s assets and no resolution to a $3.2 billion merger attempt, among other transactions.

Counsel for Omni Logistics claims Forward Air’s CEO withheld requested notes from board meetings discussing plans to avoid a merger between the companies.

TFI International entered an agreement to acquire flatbed carrier Daseke and said it’s exploring a spinoff of its truckload business.

A Delaware bankruptcy court filing on Wednesday showed the results from a second auction of Yellow’s service centers.

Forward Air said Wednesday it sold its final-mile business, but it provided no update on the status of a merger with Omni Logistics.

BWT Logistics announces it has acquired North Carolina-based regional 3PL International Express Trucking

Data from the November Cass Freight Index shows both shipments and expenditures remained pressured.

PLP Logistics is attempting to expand the use of dimensioners among shippers.

Two Western Pennsylvania-based carriers combine their fleets to better serve the heavy-haul and specialized truck freight markets.

Brent Hutto from Truckstop.com talks about expectations for the spot market at FreightWaves’ Domestic Supply Chain Summit.

XPO said Tuesday it’s excited about a “once-in-a-generation” terminal acquisition that will facilitate the next decade of growth.

ITE Management said Tuesday it has acquired a majority stake in intermodal chassis lessor Trend.

A Delaware bankruptcy court approves the first round of Yellow’s terminal sales.

Forward Air announced a 5.9% general rate increase for 2024 that is near the middle of the range of recent carrier announcements.

Yellow Corp. has reportedly rejected a bid that would resurrect the company from bankruptcy.

Forward Air reports positive tonnage trends for the first two months of the fourth quarter.

Less-than-truckload carrier Old Dominion Freight Line reports muted volume trends for November.

Software-as-a-service provider Descartes reported record quarterly results Tuesday and said the market is ripe for M&A.

ArcBest said tonnage declines in November were tied to efforts to unwind dynamic pricing initiatives.

Weak transportation metrics were noted in a monthly survey of supply chain executives.

Less-than-truckload carrier XPO reported higher shipments in November one day after it was announced to have the largest winning bid at Yellow’s terminal auction.

A Delaware bankruptcy court filing shows several prominent less-than-truckload carriers hold $1.9 billion in winning bids for 130 of Yellow’s terminals.

Broker Landstar System announced Monday after the market closed that its CEO Jim Gattoni will be stepping down early next year.

Colonial Terminals announced the acquisition of a bulk liquid terminal from Buckeye Terminals.

Saia’s fourth-quarter update shows it is retaining the freight it onboarded as a result of Yellow’s collapse.

A filing in a Delaware bankruptcy court said the auction for Yellow’s terminals is ongoing and that winning bids may not be revealed until Tuesday.

Cold storage and logistics provider Lineage Logistics is working on an initial public offering that will value the company at more than $30 billion, Bloomberg reported Tuesday.

A recent exchange of filings in a Delaware court shows Forward Air and Omni Logistics are at odds over Omni’s 2023 financial forecasts, among other things.

An open letter from activist investor Ancora says the firm has come under attack following its public disapproval of Forward’s merger proposal with Omni Logistics.

Trucking industry leaders said at an investor conference that the weak truckload fundamentals seen in the third quarter have continued through the fourth.

Lazer Logistics plans to roll out a recently acquired yard management technology across its network of more than 600 locations.

Forward Air provided long-term financial targets on Tuesday and said the outcome of its bid for Omni Logistics may not be decided until next year.

October freight data from Cass Information Systems showed continued softness into peak season.

Final-mile delivery company Riverstone Logistics said Monday it has acquired appliance delivery company Ralph’s Transfer.

Old Dominion Freight Line was the latest less-than-truckload carrier to announce an early general rate increase for the new year.

Forward Air has filed a counterclaim against Omni Logistics and wants a Delaware court to rule it’s not obligated to move forward with the merger.

Flatbed carrier Daseke reported an in-line third-quarter result Thursday but reduced its full-year guidance.

Supply chain metrics for October showed fundamentals for transportation providers may be improving.

Truck brokerage RXO beat third-quarter estimates Tuesday and said it will continue to expand its platform and take market share on the downside of the cycle.

J.B. Hunt and BNSF Railway announce the launch of a new customized intermodal offering at FreightWaves’ F3: Future of Freight Festival 2023.

EFW said Monday it has closed on the acquisition of Superior Brokerage Services, which doubles its revenue and warehousing capacity.

Schneider National missed third-quarter estimates Thursday and cut its outlook for the year by more than 20%.

Werner Enterprises reported a worse-than-expected result for the third quarter as margins in both its trucking and logistics segments deteriorated from the second quarter.

Omni Logistics is asking a Delaware court to make Forward Air close on a planned merger between the two companies.

Forward Air will primarily focus on less-than-truckload opportunities moving forward as it tries to exit a burdensome merger agreement.

Forward Air said it would accelerate a strategic review of its assets after missing third-quarter consensus and providing a weaker-than-expected fourth-quarter outlook.

Third-quarter earnings reports show how Yellow Corp.’s market share was redistributed across the less-than-truckload industry.

XPO said Monday it plans to increase capital spending to respond to a tightening capacity dynamic following Yellow’s closure.

Car hauler Jack Cooper Transport has been rumored to be behind a bid for Yellow Corp. just four years removed from its own bankruptcy.

XPO reported a third-quarter-earnings beat on Monday as fallout from a competitor’s closure overshadowed a soft macroeconomic environment.

ArcBest’s less-than-truckload operation saw a meaningful step up in profitability in the third quarter as it remains selective on market share opportunities.

A bankruptcy judge said Friday that Yellow Corp. can move forward with a plan to use liquidators to dispose of rolling stock.

ArcBest reports a third-quarter earnings beat when adjusting for several one-off items.

Link Logistics added 24 million square feet of space during the third quarter while holding occupancy level.

Heartland Express books a third-quarter net loss and makes changes to cull unprofitable accounts.

Forward Air may decide to terminate its merger agreement with Omni Logistics even though a Tennessee court said it won’t stand in its way.

Freight broker Landstar System told analysts on a Thursday call that it expects the current freight downturn to last eight quarters, not six as previously hoped.

Old Dominion sees a 6% uptick in shipments following Yellow’s closure but says the industry’s freight reshuffle hasn’t been permanently settled.

Old Dominion Freight Line reported better-than-expected third-quarter results as Yellow’s departure provided a tailwind.

Less-than-truckload carrier Saia will implement a 7.5% general rate increase in early December.

Averitt Express received the highest overall ranking, with Old Dominion Freight Line voted top national less-than-truckload carrier in a value and loyalty survey.

Knight-Swift Transportation beat lowered third-quarter expectations Thursday and said the market appears close to a tipping point.

Pam Transportation Services sees truckload fundamentals weaken further during the third quarter.

Cass’ shipment data was up sequentially for a second straight month in September and the truckload linehaul index was positive for the first time in more than a year.

Activist investor Ancora said it will move to remove Forward Air’s board and CEO if a Tennessee court rules a shareholder vote on the Omi merger is warranted.

Logistics warehouse owner Prologis on Tuesday noted some cracks in demand, which it attributed to interest-rate policy and geopolitical fears.

Tuesday filings before a Delaware bankruptcy court are asking for the use of professional auction houses in the disposition of Yellow’s trucks and trailers.

Logistics warehouse landlord Prologis beat expectations for the third quarter on Tuesday.

Roadrunner announced Tuesday a new service that waives 100% of the freight bill for shipments that don’t arrive on time.

A Tennessee court will take more time mulling over a complaint from shareholders claiming they have the right to vote on Forward Air’s merger with Omni Logistics.

A quarterly survey of shippers suggests the trucking market is still distanced from a material recovery.

Equity research analysts are taking less-than-truckload earnings forecasts higher following the industry’s successful absorption of defunct Yellow’s freight.

Radiant Logistics has acquired a Florida-based logistics partner that provides forwarding services to the cruise lines.

A September supply chain survey suggests the freight industry is coming out of a recession.

Investment firm Oaktree Capital Management has acquired Consolidated Chassis Management as the intermodal equipment provider becomes the sole manager of a new pool.

More than one-third of shippers and brokers polled said they were still searching for a permanent less-than-truckload provider following Yellow’s exit.

Forward Air’s planned merger with Omni Logistics hit a roadblock this week as a Tennessee court said it will decide next month if shareholders get a vote.

Warehouse Services Inc. said Thursday it has acquired Sky Transportation Services, a dry van fleet specializing in cross-border shipments.

FLS Transportation builds out a North American footprint with the acquisition of AMAC Logistics.

Several data points provided by ACT Research on Wednesday showed the trucking market may be shaking off the downcycle.

Sam Stockdale chats about Link Logistics’ energy-efficiency initiatives at FreightWaves’ Net-Zero Carbon Summit.

Estes Express Lines was named the winning stalking horse bidder in Delaware bankruptcy court on Thursday.

The Teamsters union asked the U.S. Senate to look into Yellow’s bankruptcy proceedings as part of a broader review a judiciary committee is conducting on bankruptcy manipulation.