The shifting economic landscape continues to have a significant impact on the trucking industry and large corporations are buying up smaller fleets. Several operations are embroiled in contract disputes and some truckers are opting for union protections. These are noteworthy trucking business changes.
Kansas Truckers Join Teamsters
The drivers at a pair of 10 Roads Express facilities recently voted to become union shops. Truckers working out of the Edgerton, Kansas, location will join Teamsters Local 41 in Kansas City, MO. Those at the sister Colby location are joining Teamsters Local 696 in Topeka, Kansas.
“For too long, drivers have been forced to work under unfair conditions with no control over our stop times. When we are delayed, we don’t get paid. We also need better health care,” truck driver Tony O’Neil reportedly said. “As Teamsters, we will put an end to the unfair work rules and win the wages and benefits we deserve.”
Union members at ABF Freight recently ratified a new contract to avoid a strike. The International Brotherhood of Teamsters reportedly represents 1.2 million workers in the U.S., Canada, and Puerto Rico.
XPO Adds 58 Doors to Salt Lake City Facility
The expansion of XPO’s Salt Lake City location has been completed, adding 58 doors and 170,000 square feet of yard capacity to accommodate the growing market. The organization is expected to add to its 200 worker staff.
“Our investment in the Salt Lake City facility will allow us not only to better serve our existing customers but will support new business growth in a market that’s a major hub for freight,” XPO chief operating officer Dave Bates reportedly said.
Lily Transportation Bought by Transervice Logistics’ Parent Company
The private equity firm known as ZS Fund L.P. recently purchased Lily Transportation. The parent company of Transervice Logistics anticipates running both operations separately for the time being, though the acquisition greatly enhanced the corporation’s overall capacity. Together, Transervice and Lily enjoy a combined 2,600 employees, more than 1,750 truck drivers, and 27,000 equipment assets across 185 North American locations.
Knight-Swift Transportation Closes U.S. Xpress Deal
The $808 million acquisition of U.S. Xpress by Knight-Swift reportedly closed and the former’s name was promptly dropped from the NY Stock Exchange.
“Against the current backdrop of a particularly difficult business environment, the chance to add one of the largest brands in our industry, with significant opportunity to improve earnings, gain customers and reach more professional drivers, is a compelling part of our plan to drive higher highs and higher lows across successive truckload freight cycles,” Knight-Swift CEO Dave Jackson reportedly said.
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