Workflow
Trucking
icon
Search documents
Former, current USA Truck execs acquire TL carrier from DSV
Yahoo Finance· 2026-01-09 22:59
Arkansas-based truckload carrier, USA Truck, has been acquired by a group of its current and former leaders from Danish freight forwarder DSV. Financial terms of the transaction, which closed on Friday, were not disclosed. The group includes current CEO George Henry and Zachary King, its former chief financial officer. Henry will continue to lead the day-to-day operations, with King stepping back in as the acting CFO. James Reed, former USA Truck CEO, is part of the group and will act in an advisory capa ...
USA Truck Returns to Private Ownership with Arkansas-Based UTAC, LLC, Positioned for Accelerated Growth
Businesswire· 2026-01-09 22:00
VAN BUREN, Ark.--(BUSINESS WIRE)--USA Truck is proud to announce a significant and strategic transition to private, Arkansas-based ownership, marking a pivotal new chapter in the company's more than 40-year history. Following the successful execution of an agreement for DSV to sell 100% of the shares in USA Truck, Inc. to UTAC, LLC, a private entity based in Arkansas, USA Truck officially returns to ownership rooted in the state where its legacy began. The transaction closed today. This return. ...
Wall Street Roundup: Is Everything Priced In But Normalcy?
Seeking Alpha· 2026-01-09 18:45
picture/iStock via Getty Images Listen below or on the go via Apple Podcasts and Spotify America vs. Venezuela (0:25). Memory, storage stocks soar; AI trade moving to different sectors (3:30). Jobs data this week just fine (6:15). Roblox's longer-term decline (10:00). Thoughts on the market in 2026 (14:00). Transcript Rena Sherbill: Brian Stewart, our Director of News at Seeking Alpha, our first Wall Street roundup of 2026. Welcome back. Brian Stewart: Yeah, great to be here. Rena Sherbill: It's grea ...
Should You Scale in 2026? The Questions That Matter More Than Truck Counts
Yahoo Finance· 2026-01-09 14:59
Every cycle creates the same temptation. Rates start to firm up. Capacity thins out. Enforcement tightens. Someone tells you, “Now’s the time to grow.” And for some carriers, that will be true. But for many others, scaling in 2026 without the right foundation will quietly turn a survivable business into a fragile one. The mistake isn’t wanting growth. The mistake is confusing opportunity with readiness. Before you add trucks, drivers, or overhead, there are a few hard questions that deserve honest ans ...
Susquehanna says TL recovery requires kick start from demand
Yahoo Finance· 2026-01-09 14:58
Sentiment among analysts regarding a truckload recovery is becoming increasingly positive, as heightened regulatory enforcement thins the supply side. However, most believe that a sustained upcycle will require a meaningful increase in demand. “We’re finally seeing early signs of more material improvement in the truckload supply/demand balance three-plus years into the post-pandemic freight recession, and truckload-related shares clearly agree,” stated Bascome Majors, equity research analyst at Susquehann ...
Private equity firm acquires Dart Transit, ending 90 years of family ownership
Yahoo Finance· 2026-01-08 18:13
Avkha Equity Holdings has acquired Minnesota-based carrier Dart Transit, ending more than nine decades of ownership by the Oren family. The transaction, which became effective Jan. 1, ushers in a new ownership chapter for the trucking company, according to a news release. The deal also includes Dart Express and affiliated subsidiaries. Financial terms were not disclosed. Dart Transit is headquartered in Eagan, Minnesota, and operates truckload, dedicated and logistics services across North America. As p ...
U.S. Bank, DAT launch quarterly truck freight rates report
Yahoo Finance· 2026-01-08 12:00
U.S. Bank and DAT Freight & Analytics announced Tuesday a collaboration to launch a new quarterly research report on U.S. truck freight rates. The new report complements the existing U.S. Bank Freight Payment Index, which the bank has published quarterly since 2017. While the Freight Payment Index focuses on shipment volumes and spending data derived from $43 billion in annual freight payments, the Rates Edition focuses on contract rates, spot rates and fuel surcharges using DAT data and analytics. The ...
Ryder Welcomes New Year With Truck Service Depot Acquisition
ZACKS· 2026-01-07 18:45
Key Takeaways R acquired Truck Service Depot on Jan. 5, 2026, with financial terms of the deal have been kept under wraps.The deal is expected to widen Ryder's retail mobile maintenance business, Torque by Ryder, across Georgia.The deal supports aligns with Ryder's broader Southeast expansion strategy.Ryder System, Inc. (R) has started the new year on a solid note with its latest acquisition. To this end, Ryder announced the completion of the purchase of Truck Service Depot on Jan. 5, 2026. Financial terms ...
Highlight Motor Group takes delivery of largest Canadian order of all-new Volvo VNL trucks
Globenewswire· 2026-01-07 15:00
Highlight Motor Group Fleet Photo Volvo Trucks North America has received the largest Canadian order to date of the all-new Volvo VNL, with Highlight Motor Group purchasing 125 VNL 860 trucks. Highlight Motor Group Team Photo Volvo Trucks North America customer Highlight Motor Group takes delivery of largest Canadian order of all-new Volvo VNL trucks. Pictured left to right; Peter Currie, senior district sales manager, Volvo Trucks North America; Matthew Blackman, managing director for Canada, Volvo ...
Heartland Express (HTLD): Palm Valley Capital Fund’s Top Q4 Contributor
Yahoo Finance· 2026-01-06 14:26
Palm Valley Capital Management, an investment management firm, has released the “Palm Valley Capital Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here.  In the fourth quarter, Palm Valley Capital Fund appreciated 0.66% compared to a 1.70% gain for the S&P SmallCap 600 and a 3.12% rise in the Morningstar Small Cap Total Return Index. At the beginning of the quarter, the Fund allocated 74.1% to Treasury bills and increased to 76.3% by the end of the quarter. The equity ho ...