TForce

Las existencias de LTL ensangrentadas después del día de la liberación, estimaciones recortadas antes de los informes del primer trimestre

las-existencias-de-ltl-ensangrentadas-despues-del-dia-de-la-liberacion,-estimaciones-recortadas-antes-de-los-informes-del-primer-trimestre

Las acciones de transporte lo llevaron a la barbilla tras el anuncio de la administración Trump de aranceles generalizados después de que el mercado cerró el miércoles. A las acciones menos que la carga de camiones les fue lo peor en las dos sesiones comerciales después del Día de la Liberación, ya que los inversores […]

Esta entrada Las existencias de LTL ensangrentadas después del día de la liberación, estimaciones recortadas antes de los informes del primer trimestre Aparece primero en FullAva...

https://fullavantenews.com/las-existencias-de-ltl-ensangrentadas-despues-del-dia-de-la-liberacion-estimaciones-recortadas-antes-de-los-informes-del-primer-trimestre/?lang=es

LTL stocks bloodied post-Liberation Day, estimates cut ahead of Q1 reports

Transportation stocks took it on the chin following the Trump administration’s announcement of widespread tariffs after the market closed on Wednesday. Less-than-truckload stocks fared the worst in the two trading sessions following Liberation Day as investors who entered the year hopeful for a positive inflection in the industrial complex appear to have called it quits for the time being.

Less-than-truckload stocks fell 18% over the two-day period and are off 33% year-to-date (both on an...

https://www.freightwaves.com/news/ltl-stocks-bloodied-post-liberation-day-estimates-cut-ahead-of-q1-reports

Knight-Swift titulares Compradores en la última venta de terminal amarillo

Una presentación del martes ante un tribunal de bancarrota federal en Delaware mostró el transporte de Knight-Swift, A. Duie Pyle y Tforce Properties han celebrado acuerdos de compra por un total de $ 15.1 millones para adquirir siete de las terminales difuntas de Yellow Corp. Swift con sede en...

https://fullavantenews.com/knight-swift-titulares-compradores-en-la-ultima-venta-de-terminal-amarillo/?lang=es

Knight-Swift headlines buyers in latest Yellow terminal sale

A Tuesday filing with a federal bankruptcy court in Delaware showed Knight-Swift Transportation, A. Duie Pyle and TForce Properties have entered purchase agreements totaling $15.1 million to acquire seven of defunct Yellow Corp.’s terminals.

Phoenix-based Knight-Swift (NYSE: KNX) is acquiring three terminals in Southern California – Downey (71 doors), San Diego (49 doors) and Santa Maria (16 doors) – and one property in Roanoke, Virginia, (34 doors) for $9.9 million.

The four properties are...

https://www.freightwaves.com/news/knight-swift-headlines-buyers-in-latest-yellow-terminal-sale

A stand-alone FedEx Freight gives LTL investors another pure play

Investors are getting more optionality when it comes to playing the less-than-truckload market. FedEx Corp. said Thursday it will move forward with a plan to spin off FedEx Freight, the nation’s largest LTL carrier, which experts say could be worth as much as $30 billion.

Details surrounding the transaction were sparse, but FedEx (NYSE: FDX) said separating into two publicly listed companies – a domestic and international package and freight business generating $78 billion in annual revenue, and...

https://www.freightwaves.com/news/a-stand-alone-fedex-freight-gives-ltl-investors-another-pure-play

TFI acquires LTL carrier Hercules Forwarding

TFI International announced the acquisition of less-than-truckload carrier Hercules Forwarding Monday after the market closed.

Hercules operates a 31-terminal network throughout the U.S. and Canada, focusing on intra-U.S. and U.S.-to-Canada shipments. The company has more than 210 trucks, nearly 600 trailers and approximately 75 containers, generating revenue of more than $100 million annually.

The nearly 40-year-old company has two headquarters: Vernon, California, and New Westminster, British...

https://www.freightwaves.com/news/tfi-acquires-ltl-carrier-hercules-forwarding

TFI subsidiaries hit with EEOC lawsuit over gay workers

In often graphic language, the Equal Employment Opportunity Commission (EEOC) has sued two subsidiaries of trucking conglomerate TFI International over what it said was discriminatory treatment of two gay maintenance employees who worked in Ohio.

The suit, filed in the U.S. District Court for the Northern District of Ohio on Sept. 15, lists TA Dedicated and TForce TL Holdings as defendants. TA Dedicated is a specialized truckload carrier, doing business as Transport America. TForce TL is an LTL...

https://www.freightwaves.com/news/tfi-subsidiaries-hit-with-eeoc-lawsuit-over-gay-workers