Steve Girsky, the man responsible for bringing Nikola public three years ago, is taking over as CEO — the third chief executive in a year.
Less-than-truckload carrier XPO saw shipments and tonnage surge in July as a competitor shut down.
Could Kodiak leverage some of the work Navistar has in on a redundant chassis for a Class 8 autonomous truck?
Canadian truck drivers say companies are withholding millions in unpaid wages, but recouping money proves difficult.
Two suspects were killed after a truck driver for Werner Enterprises was taken hostage while parked in his rig at an Ohio truck stop early Wednesday.
Texas-based flatbed carrier Daseke does not expect to see improvement in the freight market the rest of the year.
Werner Enterprises reported an earnings miss for the second quarter on Thursday after the market closed.
Supply chain technology provider Trimble posts impressive Q2 results and says truck spot rates may have “bottomed out.”
Amazon’s earnings per share of 65 cents nearly doubled consensus estimates.
Class 8 truck orders rose in July, but they are still in the summer doldrums and trail replacement demand.
The day after CEO Dave Bozeman’s first call with analysts, they weighed in on the company’s outlook.
Jeremy Reymer, CEO and founder of DriverReach, is joined on this episode of Taking The Hire Road by a great friend and innovative leader, Justin Clarke. Clarke is the founder and CEO of F|Staff, an on-demand truck driver staffing company.
Multimodal provider Schneider National reeled in its 2023 earnings outlook by roughly 13% on Thursday.
GXO Logistics is one of few companies to better its 2023 estimates and raise its guidance.
Less-than-truckload provider Forward Air missed second-quarter earnings expectations but management noted it’s seeing a lift from Yellow’s shutdown.
When drivers are recognized for their hard work, they’re more likely to feel satisfaction at their jobs, and it gives them a reason to work toward company goals.
Owner-operators Toni and Chris Murphy of New Egypt, New Jersey, said it’s been hard to fight back against an invisible tech-savvy fraudster who stole their trucking company’s identity.
A Yellow employee has filed a class-action lawsuit over the company’s failure to provide advance notices of mass layoffs.
New C.H. Robinson CEO Dave Bozeman waxed philosophical on his first earnings call with analysts.
GXO’s full-year EPS guidance was raised by 5 cents, while adjusted EBITDA was increased by $10 million.
RXO was flat between the first and second quarters, and that proved to be a turnoff for investors in the 3PL.
Years before it ever built a fuel cell truck, Nikola claimed it had 14,000 reservations. But 202 orders is a good sign nonetheless.
Deutsche Bank’s Amit Mehrotra says cumulative 8.8% per-package increases over five years should balance out elevated labor costs for the UPS contract duration.
An NLRB action is being viewed by the Teamsters as providing an incentive for companies to consider independent contractors as employees.
Employees at Yellow Logistics were terminated Tuesday.
Schneider National announced it has acquired Massachusetts-based M&M Transport Services.
Transportation prices fell sharply again in July, but the rate of decline is slowing.
The team at Tenstreet prides themselves on being visionaries and problem solvers, always working to increase the company’s offerings while solving client pain points.
Less-than-truckload carrier Yellow Corp. is reported to be close to a deal with one of its current lenders to obtain debtor-in-possession financing to facilitate a bankruptcy.
Like other trucking OEMs, Daimler Truck rode higher prices to solid second-quarter results while incoming orders fell.
DHL Group forecasts $7.7 billion in earnings before interest and taxes should a recovery take hold early in the second half.
Yellow’s demise is a “huge benefit for our industry,” TFI International CEO Bedard says.
Uber Freight’s negative EBITDA was improved from the first quarter, but revenue has declined steadily for more than a year.
Teamsters local unions representing 340,000 full- and part-time workers at UPS Inc. voted Monday to endorse the tentative five-year agreement.
Volume declines ate into TFI International’s revenue in the second quarter.
About half of diverted parcels, almost exclusively to FedEx, will not return to UPS, consultancy ShipMatrix says.
Truckload carrier Heartland Express reported worse-than-expected second-quarter results on Monday.
J.B. Hunt Transport is helping Nikola reduce its inventory of battery-electric trucks and adding to the order bank for fuel cell models.
Same-day or next-day Prime deliveries are four times greater than in 2019, Amazon’s Herrington says.
Companies that are able to make data-driven decisions gain a competitive edge over their peers in any market.
Less-than-truckload carrier Yellow Corp. closed the gates Sunday and ceased all operations.
“Poor CSA scores can lead to warning letters from the FMCSA, more inspections, higher insurance rates and negative publicity,” said J. J. Keller & Associate Inc.’s Josh Lovan.
Volvo Trucks North America is recalling 63,095 vehicles because the windshield wiper motor may fail, limiting visibility in rainy conditions.
Over 57% of roadside inspections result in at least one violation. Reliance Partners’ director of DOT regulatory compliance shares regulations that drivers and carriers commonly overlook.
Canada-based transportation provider Titanium Transportation announced Monday the acquisition of Georgia-based truckload carrier Crane Transport.
The Teamsters union said late Sunday it received a legal notice that Yellow Corp. will be filing bankruptcy.
Less-than-truckload carrier Yellow Corp. closed its gates at 12 p.m. Sunday.
This week in Borderlands: BNSF Railway rethinks its plan to build a Texas logistics center after community opposition; Paschall Truck Lines adds a new cross-border terminal; Niagara Bottling will build a logistics center in Central Texas; and the Commerce Department honors three Texas-based export businesses.
NTI works to provide carriers with actionable data and benchmarking studies, enabling them to make informed decisions about their own compensation packages.
On an earnings call with analysts, Saia’s CEO and CFO tried to address the pending collapse of Yellow without mentioning the company’s name.
Universal Logistics reported revenue of $413 million and earnings per share of 90 cents during the second quarter.
Yellow told nonunion employees that all locations are shutting down or seeing layoffs. The trucking company said regular operations cease Friday.
Investor confidence coincidentally clashes with an executive’s stock sales at autonomous trucking developer.
When brokers remember their role as communicators, they are able to build stronger relationships with both their shipper customers and their carrier partners.
Saia’s second-quarter earnings show a decline in volume but by a relatively small amount.
ArcBest reported an earnings miss Friday but that may not matter as its less-than-truckload unit is quickly taking on volume as a competitor winds down.
After experiencing two years of record growth during the COVID-19 pandemic, Jacksonville, Florida-based Surge Transportation, a digital freight brokerage, sought to find a buyer and slashed its rates nearly a year before it filed for Chapter 11 bankruptcy protection on Monday.
On Thursday, Yellow Corp. said it is seeking a buyer for its logistics business and the union said negotiations have been fruitless.
Hub Group reported $1 billion in revenue and earnings per share $1.44 during the second quarter.
Navistar saw a big drop in orders, but deliveries of new International trucks helped parent Traton to strong second-quarter results.
Federal rules on driver instructor background requirements are hampering carriers’ ability to staff trainers, according to companies.
Even truckload companies are being asked how a Yellow collapse might benefit them; Covenant had an answer on its second-quarter earnings call.
Rush Enterprises posted strong Q2 sales and profits, relying on its parts and services business amid trucking headwinds.
AFS Logistics CEO Tom Nightingale says that UPS’ efficiencies can’t offset “astronomical” cost increases alone.
Reliance Partners’ VP of risk services breaks down what motor carriers need to know about FMCSA safety ratings.
Truck broker Landstar issued worse-than-expected third-quarter guidance Thursday and said most metrics are still underperforming normal seasonal trends.
Covenant Logistics’ second-quarter earnings reflected, as expected, a weaker truckload market.
At least two Yellow teams were given a prepared statement that “the company continues to prepare for a range of contingencies.”
Ryder’s second-quarter performance was mixed, but it forecast a much stronger second half, sending the stock climbing.
Cold chain failures lead to the same profit losses and headaches as other supply chain mishaps, but on a much greater scale.
Industry watchers believe a Yellow bankruptcy is inevitable. Some of the company’s 30,000 employees are starting to feel nervous too.
Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any.
Growing wage disparity between carriers may fuel resentment among FedEx Ground drivers, Alan Amling argues.
Wabash reported record Q2 earnings because it was able to price its trailers and truck bodies higher than the cost of materials.
A letter from the Teamsters negotiating committee on Tuesday showed it has been unable to come to terms with less-than-truckload carrier Yellow Corp.
The waiver the EPA granted to California to allow its Clean Trucks rule to proceed has states lined up in court on either side of the issue.
“As a result of these unfortunate circumstances and the impact on the network, we are limiting pick-up operations in all terminals,” the memo states.
After experiencing record sales growth during the COVID-19 pandemic, digital freight brokerage Surge Transportation says it was forced to file for bankruptcy protection as it was unprepared for the abrupt decline in product demand and soaring shipping costs that rocked the transportation industry in April 2022.
PS Logistics said Tuesday it has acquired Jacksonville, Florida-based truckload carrier and broker Rinaudo Enterprises.
A tentative contract between UPS and the Teamsters doubles wage increases for part-time workers over the current pact.
What’s behind Paccar’s stunning Q2 profits? Inflation is part of the answer. So is a burgeoning parts footprint.
Surge is the largest broker to restructure in recent memory.
Paccar continued a string of record quarterly performances in Q2, posting a 70% gain in profits and a 24% increase in sales.
Electrification isn’t possible without infrastructure to support it. Voltera is transforming the transportation industry by helping fleets access EV charging infrastructure.
The U.S. Chamber of Commerce is recommending a long list of fixes to the problem of large verdicts in truck accident litigation.
Stock analysts size up less-than-truckload market dynamics following weeks of turmoil at carrier Yellow Corp.
A Nikola truck damaged in a June 23 fire at company headquarters reignited, raising questions about a reported battery pack defect.
The effects of dangerous weather conditions on drivers can range from minimal to detrimental, and not only when they’re driving.
Other charging infrastructure startups have more resources but WattEV has an early advantage in making charging available.
Central States extends health insurance coverage for Teamsters employees, averting a planned Monday strike at less-than-truckload carrier Yellow Corp.
This week in Borderlands: Mexico, Port Laredo remain on top for US trade; WeFreight expands operations into Mexico; cross-border carrier acquires 140 Navistar tractors; and nearly 50 pounds of cocaine seized from cargo ship in Texas.
As UPS labor negotiations are set to resume, the Teamsters gather for a rally Saturday in Atlanta.
A Kansas judge on Friday denied Yellow Corp.’s request to halt a strike by the Teamsters, which the company says will force it into bankruptcy.
It will be difficult, if not impossible, to avoid a mess if shippers haven’t laid out contingencies for a Teamsters strike against UPS.
Federal regulators have been asked to significantly revise — or scrap altogether — a rulemaking requiring side underride guards for new truck trailers.
Some 30,000 Yellow employees may find themselves unemployed. Yellow truck drivers said they’ll likely find work at nonunion shops.
Trailer orders hit their monthly low for the year in June, but seasonality had more to do with it than a lack of demand.
A U.S. district court in Kansas may ultimately determine Yellow’s fate on Friday.
TriumphPay dealt with the same weak conditions as other trucking-focused companies in the second quarter, but one key measure was stronger.
As less-than-truckload carrier Yellow Corp. faces a potential work stoppage by its largely union workforce, an action that would likely force it to close its doors, we take a look back at some of the top stories in the past year.
