Brookfield Asset Management (BAM) is set to acquire World Freight Company for an enterprise value of about $1.2B from investment firms EQT and PAI Partners, according to a Reuters report that cites ...

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Two of the largest for-hire carriers in the United States are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said ...

FedEx ⁠Freight, the trucking company separating ⁠from the overnight delivery firm this summer, is expected ​to report an operating margin of 12% this year, incoming CEO John Smith told investors ‌on ...

[Stay on top of transportation news: Get TTNews in your inbox.] A downturn in international trade combined with geopolitical conflicts and economic uncertainty created a challenging business ...

An Ohio-based freight company is moving into Westmoreland County and bringing at least 50 jobs with it. Dayton Freight finalized the purchase of 31.5 acres at the Interstate 70 Industrial Park in ...

DPF Super Store Canada reports Canada is cracking down on the "Driver Inc." trucking loophole, addressing safety and revenue ...