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Trailer Bridge, Highway Partner on Tech Stack

Trailer Bridge Inc., the Jacksonville, Florida-based full-service transportation provider, said it has partnered with technology provider Highway to enhance its tech stack and better support its customers and carrier partners.Highway specializes in Carrier Identity® solutions for brokers, providing the necessary data to reduce fraud and source trusted carriers for every load. The technology platform is a part of the company’s focus on strengthening its carrier partnerships and overall operational efficiency ... [+]

Trailer Bridge Forms Partnership with GenLogs

Trailer Bridge Inc. said it is partnering with freight intelligence company GenLogs to support the transport provider’s growing logistics division.The collaboration leverages GenLogs’ nationwide network of sensors, commercial and open-source datasets to source capacity, identify shippers, and combat fraud in the trucking industry.“We are excited ... [+]

Georgia Tort Reforms Target Nuclear Verdicts

Georgia Gov. Brian Kemp announced a sweeping overhaul of the state’s legal system in two bills introduced Jan. 30 in the General Assembly, as Georgia’s trucking companies face mounting pressure from nuclear verdicts and rising insurance costs.The governor’s office cited a five-year increase of 25 ... [+]

Schneider National Acquires Cowan Systems

Multimodal transportation giant Schneider National Inc. in November entered into a definitive agreement to acquire Cowan Systems LLC and affiliated entities for a cash purchase price of about US$390 million, subject to certain adjustments.The sale includes separate agreements to purchase certain real estate assets relating ... [+]

Latest Winning Yellow Bids Draw $192.5M

Estes Express Lines and R+L Carriers affiliate Ramar Land Corp. said they will pay US$192.5 million for eight owned properties and four leased terminals from the administrators of Yellow Corp., the bankrupt less-than-truckload carrier.Estes will pay US$142.5 million for seven owned and four leased terminals ... [+]

Truckers Burned by ‘Nuclear Verdicts’

U.S. trucking companies were T-boned by US$165 billion in nuclear verdicts, or jury awards of more than $10 million, in 2023, according to a report from Marathon Strategies.Overall, U.S. juries ordered companies in 47 different industries to pay a nuclear verdict last year, in a ... [+]

Senate Approves Credential Reform Bill

The American Trucking Associations welcomed the U.S. Senate’s unanimously passage of the Transportation Security Screening Modernization Act Nov. 21. It now awaits passage by the U.S. House.             ATA, which has lobbied heavily for the bipartisan bill, said the legislation would eliminate redundant fees and background ... [+]

ATA: Trucking Continues Upward Trend

U.S. trucking activity rose modestly in October, according to the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index, the third increase since July.“The slow, and choppy, climb off of the bottom continued in October,” said ATA Chief Economist Bob Costello. “Since hitting a ... [+]

Trailer Bridge, SGL win USTRANSCOM Bid

U.S. Transportation Command, or USTRANSCOM, has awarded Trailer Bridge Inc. a stevedoring and terminal services contract for Danish ports, an indefinite-delivery/indefinite-quantity pact potentially worth more than US$60 million.Under the five-year single-source contract, Trailer Bridge will be responsible for providing all stevedoring and related terminal services ... [+]

J.B. Hunt Transport Q3 Earnings Fall 19%

J.B. Hunt Transport Services Inc. reported third quarter net earnings of US$152.1 million, down early 19 percent from US$187.4 million in the year-earlier period.Operating revenue slipped 3 percent in the latest quarter to $3.07 billion, which the Lowell, Arkansas-based motor carrier said was primarily driven ... [+]