STG Logistics, a transloading and containerized freight services provider, announced a $300 million capital infusion. The new debt and equity financing package will provide the company “with significant capital to fuel its ongoing expansion and strategic growth initiatives.” STG’s private equity sponsors (Wind Point Partners, Duration Capital...

Following catastrophic Hurricane Helene, which killed more than 200 people across the Southeast, companies in the logistics industry have contributed donations and provided hurricane relief. Here’s a look at some of the trucking companies and shippers that are helping in the hurricane’s aftermath. FedEx Tennessee-based FedEx (NYSE:...

East and Gulf Coast ports were lined with International Longshoremen’s Association members picketing against the United States Maritime Alliance before coming to an agreement. This is a firsthand look at the strike at Port Houston.  Barbours Cut Container Terminal, Port Houston. (Photo: Jim Allen/FreightWaves) Barbours Cut Container Terminal,...

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 half we take over downtown Chattanooga, and there are events,...

On Episode 766 of WHAT THE TRUCK?!?, Dooner is talking about the ILA port strike ending. Thursday afternoon a deal was reached that extended the ILA’s master contract until Jan. 15. How quickly can supply chains recover from this week’s shutdown, and what led to the resolution? We’re breaking it down. J.B. Hunt CEO and President...

The freight industry has always been vulnerable to fraud. But the combination of poor economic conditions over the past few years and increased reliance on technology in an industry with slow adoption of new tech has created an abundance of opportunity for bad actors. In response to this rampant threat, Truckstop proactively...