Even though macroeconomic uncertainties lie ahead, Hub Group expects to find support in the medium term through improving rail service, market conditions that encourage more conversions to rail and the diversification of its business, executives said on Wednesday’s earnings call.
Werner reported revenue of $836 million in the quarter and sees a strong “pipeline” of demand from customers for the remainder of the year.
The HVUT is a tax applied annually to many heavy commercial vehicles. How do you know if your vehicles are affected?
Nikola Corp. losses widened in Q2, but adjusted per share earnings and revenue topped estimates as deliveries rose.
The “diesel nut” project between Chevron and Texas A&M AgriLife researchers aims to create a new breed of peanuts as a renewable fuel source.
Fleets are holding off on Class 8 truck orders because supply shortages continue to delay acceptance of 2023 bookings.
Truckload carrier U.S. Xpress’ internal startup Variant continues to struggle with high turnover and declining utilization.
Yellow Corp.’s bottom-line numbers show solid gains despite double-digit daily tonnage declines.
Fleetcor Technologies Inc. on Wednesday reported revenues of $861 million in its second-quarter earnings.
FreightCaviar co-hosts with Dooner and The Dude as they tackle truck parking, nearshoring, offshoring, worst name for a trucking company and more on WTT
Trade Association for Logistics Professionals will advocate for all contractor interests, not just FedEx Ground, the group’s leader says.
TuSimple CEO Xiaodi Hou responded to a federal safety investigation that raised concerns about a potential setback to its driverless truck technology.
Proxy hunters bagged enough votes to give electric truck maker Nikola the financial flexibility it had been seeking since June.
Daseke officials expect strong demand from industrial customers like Caterpillar to help the company grow revenue up to 15% by the end of the year. (Photo: Jim Allen/FreightWaves)
The Democrats’ inflation bill pares down ‘Build Back Better’ but includes $3 billion to help ports and terminals cut pollution.
UPS has achieved brand value of $38.5 billion, a 28% increase over 2021.
Transportation data showed further loosening during July, according to a supply chain survey released Tuesday.
On Jennifer Rumsey’s second day as CEO, Cummins Inc. reported strong Q2 earnings in North America.
Netradyne’s Nick Grome dives into the power of positive feedback through the Driver•i dashcam.
California’s PAGA law, which turns private citizens into mini-prosecutors, may become the key to enforcing AB5 in trucking.
Truckers being sued by the city of Oakland and port commissioners over a weeklong protest over AB5 are claiming a small victory Monday after Alameda County Superior Court Judge Delbert Gee didn’t immediately grant the temporary restraining order port officials were seeking.
TravelCenters of America Inc. tops $3 billion in revenue for the second quarter.
Sustainability experts discuss how the transition to net-zero emissions in trucking will not look the same for every company.
Schneider is joining fleets testing highway autonomy, starting commercial pilots in supervised Aurora Innovation trucks this week.
Unsure that financially struggling Romeo Power could keep supplying batteries for its electric trucks, Nikola is buying the company.
Trucker hats have been part of American culture since they first sprang up in the 1960s as promotional giveaways.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Arrive Logistics opens San Antonio office; US-Mexico cross-border freight totals $66B in May; Taiwan electronics maker expands in Mexico, adding 3,000 jobs; and CBP intercepts first-in-nation pest in South Texas.
¬¬For businesses across industries, ESG (initiatives have become established as vital to remaining competitive, and trucking’s flatbed sector is no different.
Truck drivers should expect at least a Level 3 inspection when they stop at a weigh station.
Some 80 Houston owner-operators have been on strike against Hudd Transportation since Monday.
Transport and logistics giant TFI posted quarterly gains across the board and raised the outlook for the rest of the year.
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Piece-level tracking gives XPO employees and customers real-time visibility for tracking LTL shipments.
Nuclear verdicts do not just impact the defendants; they drive insurance rates up for companies across the industry, as well as the motoring public.
A proof-of-concept step van with four-wheel steering by wire and 57% better aerodynamics could revolutionize the segment
As fleet operators begin to incorporate electric trucks into their fleets, they are turning their attention to two areas: regulations and infrastructure.
ArcBest reported better-than-expected results again during the second quarter.
FedEx Ground could have made Sunday deliveries work if it stuck to its knitting, consultant says.
P.A.M. Transportation Services reported better-than-expected second-quarter results Thursday.
Hundreds of small-business truckers who use CoreFund Capital to factor their accounts receivable are struggling to stay afloat after the company abruptly closed its doors.
Schneider National beat second-quarter expectations even with a precipitous drop in gains on sale.
Share gains come despite another net loss, sharp drop in operating income
CO2 shortages strike breweries; Senate bill proposes $40k tax credit for electric semis; a look at a limp dry van spot market and more
In today’s market, it is less about whether a carrier can afford to implement predictive maintenance and more about whether they can afford not to.
Reliance Partners’ Thom Albrecht points to current negative trends as reasons to hunker down now and through the new year.
Forward Air raised its earnings expectations again. Management believes it has the ability to generate higher results even in a recession.
The head of the unit says changes to driver contractor agreements must be negotiated individually.
Over the past several years, “culture” has become something of a buzzword in the corporate world. Despite this trending vernacular, the things that make up a company’s culture – energy, diversity and values – are the same things that determine whether or not people want to work there.
Trailer maker Wabash is benefiting from a steady order backlog and a focus on more activity with targeted customers.
Commentary from the C-suites of trucking remains positive for the 2022 back half.
UPS is gearing up for next year’s Teamster negotiations by implementing cost-saving programs.
Less-than-truckload carrier Saia reports record results for the second quarter and said it has no plans of slowing its growth initiatives.
Logistics giant Ryder posted total revenue of $3.03 billion and earnings per share of $4.43 during the second quarter.
A multistate initiative focused on cutting emissions from medium- and heavy-duty vehicles released an action plan for transitioning to zero-emission vehicles.
Old Dominion Freight Line’s 69.5% operating ratio during the second quarter was not only a company best but a best-ever result for a public carrier.
Has Nikola managed to rebound? Plus, a unique cold chain visibility tag; something stinks at Slync; autonomous convoys and more on WHAT THE TRUCK?!?
A federal appeals court upheld the FMCSA’s hours-of-service rules by rejecting a challenge filed by safety groups alleging the 2020 changes make the roads less safe.
Preparing your fleet for an inspection is a continual process that requires monthly monitoring of safety data.
Paccar Inc. defied analyst estimates and posted top- and bottom-line beats in second-quarter revenue and income.
Container, crude oil and petroleum shipments rose as ports in Houston and Corpus Christi recorded strong freight volumes in June.
Trevor Milton claims Nikola Corp. is violating his constitutional rights by seeking a protective order to block use of company conversations.
Despite a murky economic outlook, Covenant remains optimistic about the company’s business prospects through 2023.
Consumer demand, vessel diversions and efforts to avoid congested West Coast ports drove the Georgia Ports Authority to break its record for annual volumes.
The transportation and logistics industry is still dealing with the residual effects of the pandemic, including accelerated technological advances, a tough labor market and an inconsistent supply chain.
The Atlanta-based company also reveals a plan to improve on-time performance across its U.S. network.
Shippers have already begun negotiating lower contract rates, and carriers should prepare for this trend to continue. This will prove especially important for small and mid-size carriers who often do not have the profit margins to weather a storm.
Produce shipper WP Rawl has found PowerFleet’s solution to have a surplus of benefits.
Covenant Logistics Group’s truckload revenue increased 29% year over year to $218 million, despite unprecedented cost inflation and higher insurance costs.
CPC Logistics and NASCAR honor drivers; how to intern at a port; what insurance says about the trucking market; biofuels and more on demand on WTT
Truckload carrier Heartland Express said it expects freight demand to exceed its available capacity for the rest of 2022.
Solutions like route optimization and real-time visibility are beneficial regardless of what is happening in the market, but these money-saving tools can prove crucial during times of tighter margins.
TransForce, long a provider of drivers to carriers, is rolling out its proposal for independent contractor compliance with AB5.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nowports aims to be supply chain ally for Latam trade; US files labor complaint against auto parts plant in Mexico; Tesla suppliers have dedicated lane at US-Mexico border bridge; and Laredo CBP seizes $4.3M worth of meth from tractor-trailer.
New Cummins Inc. CEO Jennifer Rumsey talked about mentoring and reaching the company’s Destination Zero carbon goals in a FreightWaves interview.
Unit responds to contractors’ cost concerns by partially ditching the controversial program.
As truckers protest for the fifth day, workers at the Port of Oakland have been busy setting up orange barricades at all four of the marine terminals in case demonstrations over controversial state law AB5 spill over into next week.
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Consulting firm FTR Associates says the freight transportation markets will find support amid a still-growing manufacturing sector, despite perceived softness in the U.S. economy.
Nikola’s could keep adjourning its annual meeting as it pursues unvoted proxies to raise the number of authorized shares.
Public comments reveal most truckers believe a proposal to require engines to have speed limiters will make roads less safe.
FedEx Ground said it will drop Sunday residential deliveries the week of Aug. 15 in unidentified low-population markets.
A better question is, what can carriers do to lower their rates?
Triumph Bancorp posts strong second-quarter financial results while remaining “cautiously optimistic” for a relatively flat trucking and transportation market through the end of 2022.
A trucking recession is coming. Longtime truckers are closing their businesses as pay drops and expenses soar.
Port of Oakland officials are imploring truckers to end their protest over AB5 as the independent contractors prepare to block the terminals for the fourth day on Thursday, bringing container movement at California’s third-largest port to a standstill.
Broker Landstar System missed second-quarter expectations but noted pricing metrics are holding firm.
New leaders, an electrification push and Scania influence mark the first year after the Traton’s $3.7 billion takeover of Navistar.
Knight-Swift Transportation rode higher revenues and better margins in all of its divisions to a beat-and-raise second quarter.
Around 450 protesters opposing California’s independent contractor law, AB5, were blocking all of the terminal gates at the Port of Oakland, forcing TraPac and Oakland International Container Terminal, also known as SSA, to close operations on Wednesday.
J.B. Hunt Transport Services announced the promotion of 28-year company veteran Shelley Simpson to president on Wednesday.
The Postal Service says it also will procure 34,000 off-the-shelf vehicles to augment its initial 50,000-unit order of electric vehicles.
Legislation approved by the House transportation committee provides dedicated funding for competitive grants aimed at expanding truck parking.
Emissions-reducing technologies that can help make supply chains greener are available for vehicles of all sizes.
Freight payments data from U.S. Bank showed sequential increases in volumes and costs during the second quarter.
J.B. Hunt Transport Services beat second-quarter expectations despite persistent rail congestion and supply chain bottlenecks.
J.B. Hunt Transport Services’ second quarter came in ahead of forecasts.
Cautious OEMs allowed the smallest number of trailer orders so far this year, pushing back bookings until late summer.
As more solutions enter the market and companies’ technological suites have become more sophisticated, integrations have gone from nice-to-have perks to need-to-have requirements for many shippers.
Volvo Group reported higher truck sales, profits and market share in the second quarter despite ongoing supply chain disruptions.
Anahuac Transport Inc. pleaded guilty to potentially contaminating rocket fuel it transported to the Johnson Space Center.
