Forward Air CEO Resigns Amid Omni Logistics Merger Struggles

Forward Air CEO Resigns Amid Omni Logistics Merger Struggles

Forward Air CEO Tom Schmitt has abruptly resigned, with Michael Hance appointed as interim CEO. This move is potentially linked to challenges in integrating the acquisition of Omni, suggesting a possible shift in company strategy. The sudden departure raises questions about the progress of the integration and Forward Air's future direction within the competitive logistics landscape. The company may be re-evaluating its approach to maximize synergies and address any unforeseen hurdles encountered during the post-acquisition phase.

01/20/2026 Logistics
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Trucking Industry Lobbies for Policy Changes in Washington

Trucking Industry Lobbies for Policy Changes in Washington

Led by the National Shippers Strategic Transportation Council (NASSTRAC), over ten shipper and carrier organizations will hold a lobbying event in Washington D.C. on February 1st. The initiative aims to highlight the importance of the trucking industry to policymakers and advocate for key issues. These include concerns about truck driver hours-of-service regulations, advocating for the expanded use of longer, heavier trucks, and improving the highway system. The goal is to enhance trucking efficiency and safeguard the nation's economic well-being.

01/20/2026 Logistics
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Logistics Excellence Honored at Quest for Quality Awards

Logistics Excellence Honored at Quest for Quality Awards

The "Excellent Quality Award" by Logistics Management Magazine recognizes top-performing transportation, 3PL, and port service providers based on a survey of logistics service buyers. The award evaluates companies on key metrics such as on-time delivery, information technology, and customer service. Using a weighted scoring system to ensure fairness and objectivity, the award provides an authoritative list of excellent companies in the logistics market, setting a benchmark for industry standards and offering valuable insights for service selection.

11/30/-0001 Logistics Industry Insights
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Fed Holds Rates As Logistics Sector Monitors Trade Uncertainty

Fed Holds Rates As Logistics Sector Monitors Trade Uncertainty

The Federal Reserve held interest rates steady. The logistics industry faces tariffs and economic uncertainty. Experts analyze the risk of stagflation, urging companies to strengthen risk management, optimize supply chains, and improve operational efficiency. Businesses need to be flexible and responsive to market changes to navigate these challenges effectively. The current economic climate necessitates proactive strategies to mitigate potential negative impacts on the logistics sector.

01/21/2026 Logistics Industry Insights
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Trucking Industry Shows Signs of Recovery After Tough Winter

Trucking Industry Shows Signs of Recovery After Tough Winter

FTR's Trucking Conditions Index (TCI) indicates that the trucking industry continues to face challenges, despite a slight improvement in September. Stabilizing fuel prices and modest growth in freight demand contributed to the improvement, but excess capacity and economic uncertainty persist. Trucking companies need to improve efficiency, control costs, provide excellent service, and strengthen risk management to navigate these challenges and prepare for recovery. The industry remains vulnerable to economic headwinds and must adapt to the evolving market conditions to ensure long-term sustainability.

01/21/2026 Logistics Industry Insights
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Logistics Sector Shows Early Recovery Signs Amid Economic Slump

Logistics Sector Shows Early Recovery Signs Amid Economic Slump

Despite economic challenges posed by the pandemic, the logistics industry is showing signs of recovery. The freight market is slowly rebounding, with increased trucking volumes and heightened business activity. However, cautious optimism is warranted. Attention should be paid to consumer demand, supply chain restoration, government policies, and technological innovation to navigate future uncertainties and achieve sustainable growth. These factors will be crucial in shaping the industry's trajectory and ensuring its resilience in the face of ongoing global challenges.

01/21/2026 Logistics Industry Insights
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UPS to Install AC in 5000 Trucks After Teamsters Deal

UPS to Install AC in 5000 Trucks After Teamsters Deal

The UPS and Teamsters agreement includes the installation of air conditioning in 5,000 delivery vehicles, improving working conditions for employees. This initiative is a key component of the five-year labor agreement, ensuring employee rights and aiming to boost efficiency. The agreement addresses concerns about excessive heat and its impact on driver safety and productivity within the logistics industry. It represents a significant step towards a more comfortable and safer work environment for UPS drivers.

01/21/2026 Logistics
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ATA Forecasts Record Trucking Freight Growth by 2035

ATA Forecasts Record Trucking Freight Growth by 2035

The US trucking industry is projected to grow over the next decade, reaching 14 billion tons of freight by 2035. Despite this positive outlook, the industry faces significant challenges, including a persistent driver shortage. To maintain momentum and ensure long-term viability, the trucking sector needs to embrace change and prioritize sustainable development practices. This includes investing in technology, improving driver recruitment and retention, and exploring alternative fuel sources to mitigate environmental impact and ensure continued industry growth.

01/22/2026 Logistics Industry Insights
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Forward Air Sues Omni Logistics Over Failed Merger Deal

Forward Air Sues Omni Logistics Over Failed Merger Deal

Forward Air has filed a counterclaim against Omni, seeking to terminate their merger agreement, citing Omni's failure to fulfill obligations and raising concerns about its good faith. Analysts suggest that terminating the deal could potentially benefit Forward Air's core business.

01/28/2026 Logistics
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