USA Truck reports record 1st-quarter revenue, EPS
Arkansas-based USA Truck produced the best first-quarter earnings per share in the company’s 29-year history and the seventh consecutive quarter of record earnings.
Arkansas-based USA Truck produced the best first-quarter earnings per share in the company’s 29-year history and the seventh consecutive quarter of record earnings.
The group wants the contract with the Oshkosh unit blocked until the agency prepares a better environmental impact report.
A trucking recession will hurt small truckers over big ones. Some truck drivers said plummeting rates are already hurting them.
Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.
Reliance Partners’ Robert Kaferle dives into SMS scores and the BASICs that determine them.
Forward Air beat first-quarter expectations and pulled forward 2023 financial targets by a full year.
BulkLoads.com said that shippers can now use MyCarrierPackets.com services within its BulkTMS solution, allowing for monitoring of insurance status and safety compliance of carriers.
Federal regulators plan to require truckers to limit their truck speeds by using electronic engine control devices.
President Adam Kahn joins the show to demonstrate how fleets use Netradyne to reward good driving behavior and identify areas for improvement.
E2open has completed its first full year as a public company with good numbers, although the stock price is lagging.
Diesel has been climbing at a rate far greater than that of gasoline or crude, and a well-known economist offers reasons why that is likely to continue.
Class 8 battery-electric trucks will generate the first meaningful revenue that Nikola can take to the bank.
The company may use the program as a steppingstone to deliveries outside its platform.
truckload carrier Covenant Logistics had record-breaking net income for the first quarter, with improved operating ratios in its key trucking segments.
Gulf Coast ports got a boost in March from imports of steel and plywood, and exports of petroleum and crude oil.
A congressional report alleges then-President Donald Trump may have pushed the Defense Department to approve a pandemic loan to help gain Teamsters support in the 2020 election.
Less-than-truckload carrier Old Dominion beat first-quarter expectations Wednesday. The company moved one step closer to doing “something that they said couldn’t be done.”
Amazon Freight, the e-commerce giant’s trucking arm, is giving freight brokers 3% or 5% back per load through a partnership with American Express.
Ryder’s earnings rose sharply over the first quarter of 2021, with used truck sales a significant contributor to profitability.
CEO Brett Suma is optimistic about rolling out Loadsmith’s autonomous middle-mile offering between select origin and destination pairings.
Parcel data is incredibly complex. Shippers often don’t know how to begin working with this data because it cannot be properly visualized via traditional methods like Excel spreadsheets.
A Wisconsin trucking company reveals how it has shifted into a higher training gear under President Biden’s 90-day trucker apprenticeship challenge.
UPS persevered through a drop in demand during the first quarter, beating analysts’ profit estimates.
Q1 sales and earnings at the parent of Kenworth, Peterbilt and DAF Trucks posted records despite persistent supply chain issues.
Building the most effective RFPs possible requires self-awareness, attention to detail, industry insights and a willingness to adopt new technologies.
An Illinois-based trucking company has filed Chapter 11, citing a jury award of $10 million in December following a 2019 fatal truck crash involving one of its drivers.
Electric chassis startups from A to Z are tapping a legacy bodybuilder for help while one company creates its own complete electric van.
A three-judge panel heard arguments in a petition to overturn some of the changes in trucking hours-of-service rules implemented two years ago.
CSX, XPO Logistics and AIT Worldwide Logistics were among several companies to make sustainability announcements on Earth Day.
FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.
Finding skilled associates for your distribution center is challenging, so why not leave it to the professionals?
Trucking carriers face increased risk of nuclear verdicts, but managing those risks is not insurmountable, if done right and from the start.
Three relatively small electric infrastructure grants speak volumes about the importance of direct current fast charging for commercial vehicles.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: cargo theft in Mexico increases 18% during March; Kohler to invest $200M in Mexico; a new EV component factory has been announced for Ramos Arizpe; and truck driver is in critical condition after collision with train.
This week: St. Christopher reports its 2022 charitable progress, Operation Lifesaver delivers funds to 11 states and FedEx partners with Social Motion for Autism Acceptance Month.
Throughout its successful, 20-year history, Acuitive Solutions has taken the road less traveled by not trying to be all things for all customers.
Emissions tracking and sustainability experts discuss the importance of tracking emissions and using that data to make informed decisions.
Flatbed truck operator Daseke is being told it should buy back its own stock in light of recent declines in its price.
As Cummins focuses on electrification and growing its traditional engine business, the company is preparing an IPO for its filtration business.
Mobility expert Larry Burns says getting the world off fossil fuels is a equation of ‘the power of and.’
Piles of paperwork plague every mode of transportation, and recent shifts in consumer shopping behavior — namely the ongoing e-commerce surge — have only made the problem worse.
AIT Worldwide Logistics plans to use carbon offsets and emission-reduction strategies to reach net-zero emissions by 2035.
Locomation’s Cetin Mericli discusses how autonomous transport will provide emissions reductions and time savings for long-haul trucking.
A FedEx delivery driver just completed a 260-mile drive using a BrightDrop Zevo 600 electric van, setting a Guinness World Record.
Truck Tech is a weekly newsletter providing perspective and context on autonomy, electrification and other technologies impacting the fleet ecosystem.
Freight brokers, just like the truck drivers they serve, are in hot demand. A recruiter in the business discusses why. Also: diesel breaks another record.
The new president of the Truckload Carriers Association talks with an expert at FreightWaves about how environmental regulations and switching technologies impact the industry.
Volvo reported record Q1 truck sales despite ongoing supply chain interruptions. The company took a $423 million charge for suspending Russia business.
Many shippers are now looking to shorten the duration of their bid contracts in order to take advantage of current capacity and avoid being locked into sky-high rates as the market shifts.
Former EPA Administrator Christine Todd Whitman explains in an Earth Day interview how the freight industry can embrace a more environmentally friendly future.
GTI Transport Solutions announced Thursday the acquisition of container transport provider Foxconn Logistics.
TMS provider Revenova announced it has raised $63 million from Viking Global Investors.
Truckload carrier Heartland Express beat first-quarter expectations Thursday.
Management from Landstar System is predicting “another great year” even as spot market fundamentals loosen.
The Biden administration is pushing states to take a clean-energy approach to expand truck parking with new infrastructure money.
Truck drivers don’t earn overtime pay. Fixing that could address several key issues in the trucking industry.
The owner of a Michigan-based trucking company is free on bail after DEA agents arrested him on gun and drug charges after raiding his home and businesses.
The Louisiana Senate approved a bill that would allow a tandem of 20-foot containers to be hauled on many of the state’s roads, with the goal of easing port congestion.
Three more individuals were sentenced in the Louisiana staged truck and bus accident scheme, with two receiving probation and a third sentenced to 18 months behind bars.
Logistics companies like Dimerco are combining air and road transport to move supplies for Mexican manufacturers from Asia.
Knight-Swift Transportation lays out a thesis showing how large carriers will navigate a potential downturn considerably better than small fleets.
Navistar spending more than $190 million for an integrated powertrain in Alabama for North America .
FreightWaves interviewed the CEO of Titan Freight Systems to get insights about the company’s sustainability initiatives and why Earth Day matters.
P.A.M. Transportation Services saw significant growth in its truckload and brokerage units during the first quarter.
Join FreightWaves for the Net-Zero Carbon Summit on April 22.
By using a flatbed-specialized broker, shippers virtually eliminate the risk of their freight being matched with the wrong truck, causing unnecessary delays and damages.
Recent flatbed trucking deaths apparently caused by improperly secured loads shifting during hard braking highlights the need for proper training and safety measures.
Truckload carrier Marten set several records in its quarterly earnings report, and its operating ratio net of fuel surcharges was one of the strongest numbers. But its labor costs were up significantly.
Transflo, a supply chain platform with multiple capabilities, is bringing in two veteran executives to steer the company forward, with its current CEO moving up into the chairman’s position.
The funds will be used to hire 13 driving instructors.
Plug Power entered an agreement to provide Walmart lift trucks with up to 20 tons of green hydrogen per day.
Sky-high used Class 8 truck prices are not falling with lower freight rates as an undersupply of equipment continues to alter buyer behavior.
On its first-quarter call with analysts, management from J.B. Hunt said demand indications from customers have been strong. The path is likely not as easy for smaller players in the space.
A safety recall by Daimler Truck North America inadvertently confirmed the next Western Star X-Series vocational truck.
J.B. Hunt Transport Services reported first-quarter results well ahead of analysts’ forecasts Monday after the market closed.
XPO is expanding into San Bernardino County and the metro Atlanta area.
The Postal Service will begin to shift first-class package delivery times on May 1.
Texas Gov. Greg Abbott ended his border policy of second inspections of commercial trucks crossing from Mexico on Friday, but experts said it already caused supply chain problems.
FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.
DHL is talking to customers about sustainability and measuring emissions, DHL Supply Chain’s Jason Gillespie said during this episode of Net-Zero Carbon.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: A development is capitalizing on the booming California-Mexico trade; the Port of Galveston will receive $11 million for a channel dredging project; a Canadian auto components maker expands its Mexican plant; and Border Patrol rescues migrants locked in a railcar.
This week: FedEx supports STEM exhibits at the new Amelia Earhart museum; Love’s donates to St. Christopher Truckers Relief; and One Tree Planted helps celebrate Earth Day.
The executive order bans fuel price gouging and expands truck weight and size limits.
Regulators are moving ahead with an apprenticeship program for under-21 drivers despite attempts by trucking and safety groups to modify it.
Brad Jacobs, the CEO of XPO, said he sees 3D printing as a major disruptive force looming over the horizon in the transportation sector.
The family of a Maine commercial fisherman who was struck and killed by an Amazon delivery driver in July 2020 recently filed a negligence lawsuit against the e-commerce giant.
The company participated in a public-private sector short-sea shipping trial program.
How did Navistar manage to build its assembly plant in San Antonio for a relatively paltry $250 million? Partly by ignoring a famous baseball movie line.
Both the house and senate have passed competitiveness bills, but the details remain to be sorted out, including the long-term impact.
The integrated firm will go live during the fourth quarter under the Uber Freight brand.
Reliance Partners’ Robert Kaferle and Brian Runnels urge drivers to stay focused on the road, practice defensive driving and resist distractions no matter how insignificant they seem.
The acquisition market for truck freight brokerages is hot these days. A banker involved in such deals joins host John Kingston on the podcast. Also: why the diesel market is helping to drive oil prices higher.
Global logistics giants Geodis and Ceva plan to lay off 450 workers in the Columbus, Ohio area by Sept. 30.
Truck-related emissions are disproportionately impacting people of color in New York City, according to a report released by The Real Urban Emissions Initiative.
Flatbed operator Daseke has received a mostly positive review from Moody’s, and the company’s management has responded with a bullish outlook for its trucking business.
Another bloodbath is coming for the trucking industry, with one key rate dropping 37% from December to April.
Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.
Shelley Simpson of J.B. Hunt will be the industry keynote speaker at The Future of Supply Chain.
PowerFleet data helps increase driver utilization by relieving them from having to chase equipment or wait longer than needed at facilities.
New trailer orders surged to their highest level in 15 months in March, but a supply chain fraught with trouble means it could be an anomaly.