On Wednesday, Forward Air announced a 7.9% general rate increase (GRI) for tariff-based prices. According to the business, some accessorial and minimum costs will also be increased. The adjustments will take effect on February 1st. Last February, Forward (NASDAQ: FWRD) announced a 6% GRI, while most other less-than-truckload carriers implemented...
News
A Louisiana trucker was sentenced to 70 months in prison for narcotics trafficking
For cocaine trafficking, a Louisiana owner-operator was recently sentenced to nearly six years in prison. In July, Rusty Ross Honore, 42, of New Iberia, Louisiana, pleaded guilty to a charge of conspiracy to possess with intent to distribute cocaine and marijuana in the United States District Court for the Western...
The Western operations of Wilson Logistics have been purchased by the country’s largest furniture store
Ashley Furniture announced to FreightWaves that it had reached an agreement with asset-based logistics provider Wilson Logistics to purchase certain assets. The agreement was signed on November 22 by Ashley Distribution Services (ADS) associate. The financial terms of the purchase were not disclosed. The transaction is still awaiting regulatory approval,...