Hwy Haul connects farmers, distributors, wholesalers and retailers directly with truckers.
Rail jobs resume downward slide after increase a month earlier
In today’s edition of The Daily Dash, Heartland Express is raising driver pay, plus J.B. Hunt details its technology transition and we have complete coverage of Day 1 of FreightWaves’ LIVE @HOME virtual event.
While some truckload carriers posted significantly better-than-expected results, most saw their shares sag as the bullish trucking trade cooled heading into the third-quarter earnings season.
FleetCor’s third-quarter revenue topped most Wall Street expectations for revenue at $580.8 million, while its earnings per share missed expectations by 46 cents.
Digital brokerage increased revenue, EBITDA
Digitalization is giving freight-industry participants the flexibility they need to deal with the COVID-heightened pace of change.
Echo exec Gustafson has praise for technological changes
Plus COO Shawn Kerrigan joined FreightWaves CEO Craig Fuller on a special episode of Fuller Speed Ahead Thursday as part of FreightWaves LIVE @HOME.
Volvo Trucks North America will begin building Class 8 VNR Electric day cab trucks in Virginia in December, continuing an industry surge in bringing battery-operated commercial vehicles to market.
Executives from Horizon Fitness, Estes Forwarding Worldwide and The DDC Group talk during FreightWaves LIVE @HOME about keeping up with the trend of online ordering and home delivery.
Runaway truck ramps are a trucker’s last resort. Reliance Partners’ Brian Runnels reminds truckers that the best way to tackle the downhill drive is through preventative maintenance, obeying road signage and simply taking things slow.
Keating, already sued as an organizer in a RICO suit, charged with 1 count by US attorney
Business “rebounded dramatically” in the quarter, Jacobs says.
Hyliion founder and CEO Thomas Healy make his case for why natural gas provides the best and cheapest way for the trucking industry to embrace electrification.
No more need to build information technology from the ground up when available cloud-based solutions can cheaply and efficiently modernize a trucker’s operation, experts tell the FreightWaves LIVE @HOME audience.
Wabash National saw a 37% surge in its backlog of trailers to build from the second to the third quarter as record orders piled in. Third-quarter margins declined but the trailer and last-mile equipment builder was profitable.
A comfortable merger still requires managing change and making parts fit as technology races ahead, says Trinity Logistics President Sarah Ruffcorn
ArcBest CEO Judy McReynolds talks about the company’s customer service model and how it has helped them thrive throughout the pandemic at FreightWaves LIVE @HOME on Thursday.
Leveraging more advanced data accuracy tools and processes, shippers and CPGs achieve a higher level of on-time performance by making more informed decisions in real time.
J.B. Hunt has been recognized for its five-year, $500 million technology investment, but how it got to that point is now equally well known.
In today’s edition of The Daily Dash, FreightWaves’ FreightTech Venture Summit looks at the intersection of venture capital and freight. Plus, COVID-19 is accelerating logistics investments and California is using technology to catch emissions cheaters.
Major companies in the transportation and logistics world have taken interest in Canada’s massive undertaking to distribute millions of COVID-19 vaccine doses.
The CEO and co-founder of cross-border digital freight marketplace Forager discusses the sometimes-tricky process of courting investors.
Sunnyvale, California-based Trimble Inc. is a provider of technology solutions for trucking companies, freight brokerages and third-party logistics providers.
Heartland Express raises driver pay 6% across the board and as high as 12% for some.
The need for industry knowledge and strong connections has become key to competing in the crowded logistics venture capital arena.
Research on dangerous goods transportation is still ongoing, the agency said. The announcement follows an audit published last month that suggested that Transport Canada failed to fully implement several safety recommendations.
The freight business is both complicated and asset-heavy. To be successful, tech startups need to know the freight business, its pain points and its limitations.
FreightWaves CEO and founder Craig Fuller hosted a Fuller Speed Ahead episode with Truckstop.com CEO Paris Cole and Phil Yates, founding partner at Bregal Sagemount.
Longtime MODE Transportation President and CEO Jim Damman is appointed chairman of the company.
Work Truck Solutions founder Kathryn Schifferle shared her journey navigating the venture capital world during the FreightTech Venture Summit.
FreightTech Venture Summit: Figuring out whether to go VC or “bootstrap” in an industry that is “serious” but with some tough issues to overcome
Shipwell CEO Greg Price explains during FreightTech Venture Summit the importance of winning over venture capitalists at the onset of presenting your idea.
Start small and simple, VC experts say.
TRUX, the leader in dump truck logistics technology, is the latest member of the Blockchain in Transport Alliance (BiTA). Read why.
Ike founder Alden Woodrow talks about the company’s unconventional approach to securing funding and bringing its product to market.
Steve Case helped build AOL. Now, as CEO of Revolution LLC, he works to help other entrepreneurs fund and grow their businesses.
FreightWaves today announced FreightWaves for Startups, a new initiative aimed at helping startup companies grow into successful organizations.
In today’s edition of The Daily Dash, YRC announces changes, tapping of loan agreement, plus Landstar’s CFO suddenly stepped down and FreightWaves gets ready to kick off the two-day LIVE @HOME virtual event.
Big win for ballot measure but it has no provisions that impact trucking
Preliminary Class 8 truck orders in North America reached a two-year high in October with more than 40,000 reservations.
Data mining and telematics are changing the way air quality regulators are enforcing trucking emissions regulations in California.
A survey of supply chain executives shows transportation capacity declines at a slower pace in October. The logistics industry continues to experience “rapid” growth.
CBP agents seized $60 million worth of meth in two separate incidents involving tractor-trailers at the border in Laredo, Texas.
Logistics provider ArcBest is experiencing some of the strongest tonnage trends in the company’s history. The year-over-year comparisons turned positive in August and have continued to climb.
Truckload carrier successful after receiving no action on first application filed in 2016.
Disruption, technology and keynote addresses from Shelley Simpson and John Roberts III of J.B. Hunt and Thomas Healy of Hyliion will highlight FreightWaves LIVE @HOME.
A half-dozen basic tips on what drayage truck drivers must consider when picking up a container chassis from a pool.
Expeditors sees drop in air, ocean moves but net income climbs
“Regional carriers often step in to fill those critical gaps,” said Elizabeth Elkins.
Landstar System announced that its CFO was stepping down immediately. President and CEO Jim Gattoni will act as the company’s CFO on an interim basis until a replacement is found.
Logistics provider ArcBest beats third-quarter expectations by 50%. Improved demand and cost management drive the result.
In today’s edition of The Daily Dash, the Transportation Intermediaries Association says a broker transparency rule would address a marketplace that no longer exists. Plus, federal regulators could be looking to the industry to help develop autonomous truck rules, and shippers are demanding more power-only options.
Logistics professionals said to expect U.S.-Mexico border capacity to be tight the rest of the year and into 2021.
YRC Worldwide announced several changes in its third-quarter report. The biggest was that the carrier has already accessed CARES Act relief money to replenish its fleet.
YRC Worldwide announced that it has accessed the first $75 million of the second tranche of the CARES Act loan it received in July. These funds are to be allocated for upgrades to the fleet.
Defunct Rhode Island trucking company was being investigated in connection with accident that killed one of its drivers
Daimler Truck and Volvo Group expect to hit the ground running in their fuel cell joint venture. Volvo is buying Daimler’s expertise and helping offset the development cost of the zero-emissions technology while the rivals will compete in producing hydrogen-powered trucks.
AOL co-founder and current Revolution CEO Steve Case and Ryder’s Karen Jones to headline star-studded virtual event focused on FreightTech.
Project will inform regulators on ADS safety rules.
Truckers are a critical link in the U.S. supply chain. Today, during the current coronavirus pandemic, this critical link takes on even greater significance and we need to all do our part to help keep them safe.
In its comments to FMCSA, 3PL trade association says provisions that allow disclosure of data from brokers to carriers were for different era and seeks end to rule
Initially, ITG’s impulse was to build its own IT infrastructure and software tools.
Platform Science’s Remote Platform Management products are now available on Samsung’s ruggedized Galaxy Tab Active devices, giving trucking fleets mobile device options with full functionality.
Knight-Swift, Arrive Logistics, and Uber Freight have three different approaches to drop-freight solutions.
Shell says that using traditional lubricants in electric vehicles is acceptable, but vehicle owners lose out on performance without a more specialized approach.
ZeroNorth makes board appointments, and Southeastern Freight Lines promotes a service center manager.
Increased freight volume and higher carrier profits always drive Class 8 truck demand. The circumstances in 2020 differ from 2018’s tax cut-driven boom, but reasons for the surge are identical.
California air quality chief on short list to helm Biden EPA; 125 zero-emission models in production; LA mayor seeks proposals on zero-emission drayage technology.
A number of technology companies made announcements of new products or features last week, including Verizon Connect, SkyBitz, Lytx, Rand McNally and Cargo Chief.
PortPro Technologies has introduced a next-generation, web-based TMS built for drayage carriers.
Before COVID-19, demand for supply chain talent, especially truck drivers, was at an all-time high, outstripping supply and creating major worries for companies across all industries.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Laredo airport expanding cargo facilities; CBP seizes $821M in drugs; LubeZone acquires All Star Truck; Mesilla Valley Transportation signs Winmore.
Rate increases, which apply to ground, air and international services, take effect Dec. 27.
The Owner-Operator Independent Drivers Association (OOIDA) kicks off its annual Truckers for Troops campaign on Nov. 9 for active service members and veterans.
In today’s edition of The Daily Dash, peak season could be among the most volatile in years if current data trends continue. Plus, grading the success of the president, and Amazon’s logistics network just keeps growing.
Volatility compresses as peak season begins
Nashville-based truckload carrier also wants to move case from Washington to Tennessee.
On this week’s Drilling Deep, P. Sean Garney of Scopelitis Transportation Consulting looks at the recent federal guidelines for hair testing to determine if drivers, or potential drivers, have drugs […]
Capacity Southeast of Nashville to join Chattanooga-based Reliance
Flatbed carrier Daseke Inc. cruises past third-quarter forecasts. Operations are likely to improve again in 2021 but high-margin third-quarter project freight could create some tough comparisons.
DispatchTrack optimizes routes and delivery schedules for its clients, which enhances their customer delivery experience.
Alibaba is challenging Amazon on many fronts, including logistics. It’s now handling import/export operations in South Korea.
The inquiry follows an OIG report highlighting slow progress on safety improvements.
Universal Logistics credits its turnaround to the resurgence of the North American automotive industry, particularly in the light-truck and SUV markets.
USA Truck’s third-quarter performance was something management had been foreshadowing for the last few quarters. They were adamant that earnings would improve if the market would cooperate.
CFO Col: ‘We’re not upset when we have to use it’
Spot market transactions are notoriously inefficient and expensive. Digital freight matching can make transactions more straightforward for shippers and carriers alike.
Several key metrics in LTL operations show downturn from last year
Flatbed carrier Daseke Inc. posted a third-quarter result that highlighted the company’s restructuring efforts and easily surpassed analysts’ expectations.
Envase Technologies platform will expand its presence in Canada with the acquisition of TMS provider Tailwind Transportation Software.
Onfleet, a San Francisco-based provider of delivery management software, announced on Friday it has raised $14 million in Series A.
In today’s edition of The Daily Dash, shippers want to know how a broker transparency rule would impact them. Plus, Schneider and Werner are among those reporting earnings and carriers weigh in on the election.
In 2016, then-candidate Donald Trump made a lot of promises to trucking and the freight industries. As he looks for four more years, how many has he fulfilled?
Olsavsky says transport spending is in a multiyear ramp-up as the company posts solid third-quarter results.
Appeals court sets Nov. 30 deadline for prosecutors to file petition for rehearing in Pilot Flying J case. Photo: Wesley Tingey/Unsplash
Hub Group sees a strong demand environment continuing as most of its customers are operating with lean inventories. The company expects tight freight fundamentals to create a favorable rate environment in 2021.
Universal Logistics reported revenue of $365 million during the third-quarter, a 2.8% decrease compared to the same period last year.
Sales of used vehicles set a record, up by two-thirds from a year ago and 40% sequentially
