Canada Cartage acquires cross-border carrier Rapid Delivery

A truck from Canada Cartage exits a loading dock.

Canada Cartage has acquired Rapid Delivery, a Canadian trucking company specializing in dedicated domestic and cross-border dedicated freight services.

The deal, announced Thursday, adds around 20 power units and two Ontario terminals — in London and Windsor. It marks the fourth acquisition in 2021 for Canada Cartage, one of the largest trucking and logistics companies in Canada. 

Ontario-based Rapid Delivery primarily serves industrial customers in Ontario, Michigan and Ohio. It amounts to a...

https://www.freightwaves.com/news/canada-cartage-acquires-cross-border-carrier-rapid-delivery

White Paper – Private Fleet vs. Dedicated: Which One Is Right for You?

As companies look for ways to remain competitive, they need to re-evaluate their fleet. For shippers, there are many differences between owning a private fleet and using a dedicated fleet. Some of these differences include cost, service, reliability, and the time taken away from their core competencies. This report focuses on these differences and shows how the right fleet can be your competitive advantage.

hbspt.forms.create({ region: “na1”, portalId: “5078273”, formId:...

https://www.freightwaves.com/news/white-paper-private-fleet-vs-dedicated-which-one-is-right-for-you

J.B. Hunt lays out new margin targets for all segments

New margin targets for J.B. Hunt

J.B. Hunt Transport Services (NASDAQ: JBHT) updated operating income margin targets for each of its five divisions during its first-quarter earnings call Thursday evening.

The company slightly lowered its intermodal margin target to a range of 10%-12% from the prior range of 11%-13%. The dedicated segment’s margin target was raised by 100 basis points on each end to 12%-14%. Targets were reiterated in brokerage (4%-6%) and final mile (4%-8%). The margin target for the truck division was lowered...

https://s29755.pcdn.co/news/jb-hunt-lays-out-new-division-margin-targets

Transport America pivots to dedicated to woo drivers, shippers

Transport America President Eric Anson shown next to a Transport America tractor trailer.

In a year defined by the turbulence of the COVID-19 pandemic, Transport America, a Minnesota carrier owned by TFI International (NYSE:TFII), has been shifting its drivers and business toward a more predictable existence by embracing dedicated trucking services.

While the pivot had been in the works for several years, Transport America President Eric Anson said the market conditions have aligned to make it all the more timely: Shippers are competing for scarce trucks, while carriers are...

https://s29755.pcdn.co/news/transport-america-pivots-to-dedicated-to-woo-drivers-shippers

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