Penske Logistics

USA Truck, Penske Logistics deploy Trucker Tools technology solutions

Trucker Tools, which has already signed on several large transportation companies this year, has announced that USA Truck and Penske Logistics are both using its technology solutions.

USA Truck deployed Trucker Tools’ Smart Capacity platform that offers advanced, predictive digital freight matching and real-time capacity and load visibility for its freight brokerage team and network of truckload carriers. Penske is using the load-tracking solution.

Ryder (NYSE: R) and Werner Enterprises (NASDAQ:...

https://www.freightwaves.com/news/usa-truck-penske-logistics-deploy-trucker-tools-technology-solutions

The Daily Dash: YRC loan under congressional scrutiny; LTL tonnage climbs

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, members of Congress have some questions about a government loan that was granted to YRC Worldwide. Plus, freight tonnage continues climbing in the less-than-truckload segment and prosecutors have asked an appeals court panel for a reversal of a decision that tossed out the conviction of ex-Pilot CEO Mark Hazelwood.

Congressional scrutiny

A controversial government loan to YRC Worldwide (NASDAQ: YRCW)...

https://s29755.pcdn.co/news/the-daily-dash-yrc-loan-under-congressional-scrutiny-ltl-tonnage-climbs

Penske Logistics announces it plans to acquire Black Horse Carriers Inc.

Earlier this week, Penske Logistics, a subsidiary of global transportation services provider Penske Corporation, said it inked an agreement to acquire Black Horse Carriers Inc., a Chicago-based privately-held trucking company.

Financial terms were not disclosed, and Penske said that the transaction is subject to customary closing conditions, including certain regulatory approvals, with the transaction expected to close on December 31, 2020.

https://www.logisticsmgmt.com/article/penske_logistics_announces_it_plans_to_acquire_black_horse_carriers_inc

Penske Logistics acquires Black Horse Carriers

Penske Logistics acquires Black Horse Carriers

Penske Logistics announced an agreement to purchase Black Horse Carriers, a Chicago-based trucking company with more than 4,000 employees providing dedicated services and private fleet replacement.

The deal is expected to close on Dec. 31 subject to regulatory approval and customary closing conditions. Financial terms of the transaction were not disclosed.

“The Penske organization has had a longstanding and valued relationship with Black Horse Carriers for many years,” said Penske Logistics...

https://s29755.pcdn.co/news/penske-logistics-acquires-black-horse-carriers

Penske Logistics focuses on excellence in refrigerated transportation (with video)

Penske Logistics becomes industry leader in cold chain transportation

As the temperature-controlled supply chain continues to call for greater transparency to ensure food quality and safety, Penske Logistics welcomed the opportunity to ensure its cold chain operations were the gold star in the industry.

Penske Logistics’ Jeff Jackson, senior vice president, operations – dedicated contract carriage, shared his insight on how his company earned the first-of-its-kind cold chain certification that focuses on excellence in refrigerated transportation with George...

https://www.freightwaves.com/news/penske-logistics-focuses-on-excellence-in-refrigerated-transportation-with-video

Final-mile issues hamstring 3PLs’ e-commerce fulfillment growth

Third-party logistics providers (3PLs) have, for the most part, been bystanders as the e-commerce gold rush surges past. The reason for the laggard status is the 3PLs’ inability to master the all-important yet challenging final-mile delivery component.

Third-party providers long ago mastered first- and middle-mile transport functions. They have even gotten ahead of the “pick, pack and ship” operation in warehouses, though it has been an adjustment from working with palletized shipments to...

https://www.freightwaves.com/news/final-mile-issues-hamstring-3pls-e-commerce-fulfillment-plans

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