Love’s acquires US freight factoring portfolio from REV Capital
Love’s announced Monday that its financial services unit has acquired the U.S. freight factoring portfolio from REV Capital. The deal adds more than 500 customers...
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ERH adds three new K220 roadtrains to Kenworth fleet
Melbourne-based cold carrier, ERH Refrigerated Transport, has deployed three new Kenworth K220s with another two on the way. The 97-tonne Gross Combination Mass (GCM) rated...
New Jersey trucking company files for Chapter 11
A New Jersey-based trucking company, cited numerous times for safety violations for both its drivers and equipment, recently filed for Chapter 11. Fastline Cargo, doing...
ARAI to hold Symposium on International Automotive Technology in Pune from 23-25 January 2024
ARAI, the Automotive Research Association of India, will be holding its flagship event the Symposium on International Automotive Technology (SIAT) from January 23-25, at the...
XPO Q2 first look: LTL carrier beats expectations again
Less-than-truckload carrier XPO reported second-quarter adjusted earnings per share of $1.12 on Thursday ahead of the market open. The result was 11 cents ahead of...
DSV to acquire 300 electric Volvo trucks
Global logistics company, DSV, has signed an agreement with Volvo Trucks to support decarbonisation of road freight. DSV plans to deploy 300 electric trucks from...
Uber Freight EBITDA still in the red, and revenue continues to slide
Uber Freight continues to struggle to get into positive EBITDA, and its quarterly revenue was the lowest full-quarter figure since it absorbed Transplace in the...
Qube enters new market: FY24 results
The resilience of Qube’s business and growth prospects have contributed to its strong financial performance. The latest results – for the 12 months ended 30...
Roadrunner expands Canadian cross-border LTL service
Less-than-truckload transportation provider Roadrunner announced Wednesday it has expanded its Canadian cross-border service to include Vancouver, Calgary and Edmonton along with other locations in Canada....
Buzz builds for AFIAs, only two weeks away
The Australian Freight Industry Awards (AFIAs) are now quickly approaching, promising a night of whirlwind entertainment. Coming to the Palladium at Crown Melbourne on Saturday...