66% of logistics pros say talent quality — not cost — is the #1 factor in choosing a nearshore partner. Rapido's integration model explains why that's the right question to be asking.
Plus, a carrier pleading guilty to mob money laundering while still FMCSA-active, Iran's first post-ceasefire attack and what it means for diesel surcharges, FedEx Freight's first earnings as a standalone company, and more in today's newsletter.
Freight brokers are measuring their inboxes wrong. Most inbound email is monitoring, not work. And the longtail categories that look like noise are costing real margin. Here's how to audit what's actually in your inbox, and why it matters in 2026's margin-first market.
Ryder System expands its operations by acquiring Cardinal Logistics, enhancing its dedicated transportation services.
Florida-based Ryder System takes a big step to expand its dedicated transportation services (DTS) by acquiring Cardinal Logistics. This move is seen as a strategic effort to strengthen Ryder's position in the market.
Key Financial Insights:
Integration Plans:
Ryder plans to integrate Cardinal’s operations, facilities, and equipment into its existing business segments, which include dedicated transportation, fleet management, and supply chain businesses. This integration aims to enhance Ryder's service offerings and market reach.
Impact on Ryder's Business Segments:
While Ryder operates across three divisions - dedicated transportation, fleet management, and supply chain solutions - the acquisition of Cardinal Logistics is primarily expected to bolster its dedicated business. This move is part of Ryder's broader strategy to focus on areas with potential for profitable growth.
Future Outlook:
Ryder anticipates that the acquisition will positively impact its earnings by 2025, following the completion of integration efforts and achieving synergies. The company emphasizes its commitment to enhancing its competitive position and improving overall risk management through this strategic acquisition.
Founders' Perspective:
Cardinal Logistics, founded in 1997 by Tom Hostetler and Vin McLoughlin, has its roots linked to Ryder, with both founders having started their logistics careers at Ryder.
The founders expressed confidence in Ryder's ability to carry forward their legacy, citing its people-first and customer-centric culture.
Source: FreightWaves
Plus: USDOT audits CDL oversight, truckers rally behind Trump’s emissions rollback, Amazon faces union pressure, and more in today’s newsletter.
CSX faces rising investor pressure for consolidation while launching new intermodal services with BNSF, fueling speculation of coast-to-coast rail mergers after Union Pacific’s $71.5 billion Norfolk Southern deal.
The European unit could potentially fetch around $2 billion, based on industry estimates.
Forward Air bounces back 30% after tanking from its Omni merger mess. Investors are cautiously optimistic about the turnaround.
Join over 14K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
