Reverse stock splits offer an immediate – if artificial – benefit to companies struggling with low stock prices. But they rarely work out long term.
Schneider National is hopeful for a better seasonal inflection in the fourth quarter, noting some areas of the truckload market are seeing significant capacity exits.
A recent Flock Freight survey reports 43% of truckload orders were partially empty, highlighting ongoing challenges for trailer space utilization.
Schneider National cut full-year earnings guidance by 25% but said contractual truckload pricing turned positive in the first quarter.
Natural gas, battery and fuel cell electric vehicles all vie to displace diesel. Which will win? Maybe all of them.
Electric trucks and charging infrastructure should advance this year without some of the growing pains that held them back in 2023.
Three companies departed autonomous trucking in 2023 as Aurora Innovation, Kodiak Robotics and Torc Robotics staked leadership claims.
Torc Robotics has the autonomous truck nearly ready. Now comes the hard work of making a business from it.
Just as scaling McDonald’s was more about real estate than hamburgers, electric truck charging is as much about land as it is about the grid.
Other charging infrastructure startups have more resources but WattEV has an early advantage in making charging available.
Megawatt charging is too much for pretty much every electric truck save for the purpose-built Tesla Semi. But that is slowly changing.
The epicenter for electric trucks in Southern California is so far a small part of the massive Velocity Truck Centers.
Schneider National beat first-quarter expectations Thursday but lowered its full-year outlook as excess capacity lingers.
Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.
Schneider National provided better-than-expected fourth-quarter results Thursday, and its 2023 guidance also came in ahead of analysts’ expectations.
From a Netflix-worthy docudrama at TuSimple to dueling technology announcements, autonomous trucking took steps toward commercialization.
Big numbers tied to electric infrastructure released this week reinforce the chicken-and-egg cliche about electric trucks.
FreightWaves’ Alan Adler chats with NFI’s Bill Bleim and Schneider’s Rob Reich about the first deployments of battery-electric truck fleets.
Los impactos del frenesí del SPAC y las actualizaciones tecnológicas, a debate el miércoles
The second FreightWaves Autonomous and Electric Vehicles Summit will feature leaders in autonomy and all things electrification.
Chemicals and logistics experts discuss the impacts of using payments technology during FreightWaves’ Supply Chain Meets FinTech event.
Los recorridos en Texas con camiones supervisados para el gigante de las flotas comienzan esta semana
Schneider is joining fleets testing highway autonomy, starting commercial pilots in supervised Aurora Innovation trucks this week.
Schneider National beat second-quarter expectations even with a precipitous drop in gains on sale.
Logistics provider Schneider is recognized by PepsiCo as its Asset Sustainability Carrier of the Year.
El acuerdo por los activos de deBoer Transportation añade 160 tractores y 660 remolques a la flota
Schneider announced the acquisition of deBoer Transportation, a regional dedicated fleet of 160 power units.
Schneider’s second corporate responsibility report focuses on emissions and social initiatives.
Freight demand trends in a softening market continue to be bifurcated with large fleets remaining unscathed so far.
Schneider beat estimates and raised full-year expectations Thursday. Management has been “encouraged” by contractual rate renewals so far this year.
Concerns on declining demand and falling freight rates prompted Bank of America to issue ratings downgrades for multiple transportation stocks.
Schneider provided a better-than-expected earnings outlook for 2022 on Thursday. The company also raised margin targets in two key segments.
Daimler Truck North America and two partners plan to spend $650 million to build public electric charging for medium- and heavy-duty trucks.
A lack of restroom access for drivers still plagues the trucking industry.
This week: DHL helps rescue five lions and a tiger; Schneider receives the SanMar Mask Award; and C.H. Robinson begins taking applications for student scholarships from carriers and employees.
El transportador de camiones dice que estar en Canadá no encaja con el “enfoque estratégico a largo plazo”
Schneider National says it will shut down its Canada-based business, impacting 150 personnel including truck drivers, by the end of March.
Cybersecurity and large fleets: Risks of cyberattacks on the rise Cybersecurity is becoming a major topic in trucking due to recent publicized ransomware attacks against motor carriers. Ransomware is a […]
Schneider became the latest truckload carrier to bolt on a fleet. The company announced Tuesday the $263 million acquisition of dedicated carrier Midwest Logistics Systems.
Schneider aims to “eradicate manual processes and paper because it is completely inefficient,” said Erin Van Zeeland, group senior vice president and general manager of logistics services at the company.
The importance of developing metrics that matter; Daimler Trucks cancels production of Western Star 5700 XE; UPS takes yet another increase; and a recap of earnings season.
An analyst surmises that Amazon was the other part of the love triangle.
Schneider and NFI Industries will each get 50 battery-electric Class 8 trucks, with California environmental agencies paying a big chunk of the bill.
Trucker Tools’ CEO and a Schneider expert chat about how the COVID-19 pandemic has made brokers, shippers and the public more aware of the value that owner-operators bring to the freight industry.
Schneider Logistics SVP and General Manager Erin Van Zeeland chats with TriumphPay VP of Sales and Marketing Haley Evans about the top challenges facing logistics companies and what they can do to overcome them.
Four FreightTech firms demonstrate their innovative technology solutions for transportation companies during FreightWaves LIVE @HOME.
Transportation and logistics provider Schneider aims to double its intermodal size by 2030, reducing CO2 emissions by 700 million pounds annually.
Schneider, a premier provider of trucking, intermodal and logistics services, has expanded its digital marketplace – Schneider FreightPower® – to shippers of all sizes.
Schneider’s corporate sustainability goals include plans to reduce per-mile carbon emissions 60% by 2035 and focus on fleet electrification.
With all the uncertainty the COVID pandemic has brought to the freight markets, deploying the right technology provides the clarity shippers need to maximize supply chain efficiency.
A few images convey a great deal about the intermodal rail model.
In today’s edition of The Daily Dash, some carriers believe a proposed rule that would allow hair testing could weaken the effectiveness of the Drug and Alcohol Clearinghouse. Plus, the U.S. Postal Service cuts a deal to ensure parcel delivery and Workhorse Group blames COVID-19 for not hitting production targets.
Schneider has added an app to its FreightPower tech solution, giving carriers the ability to book loads with a single click and shippers more tracking capabilities.
Carriers, logistics businesses and technology providers make the cut in 2020.
Open-platform technologies are allowing innovative trucking fleets to create custom technology solutions that increase driver productivity and improve customer service.
Silver is starting by helping Schneider broker out its fleet of 38,000 orange boxes.
Schneider has continued its recent technology innovations with FreightPower, an offering that unlocks more capacity for its shipping partners.
Shippers get optimized supply chain management with real-time, dynamic capacity pricing
Every FreightWaves article is designed to assist our readers in becoming the most informed professionals in the transportation and logistics industry. These articles may have flown under your radar this week. […]
New Zealand’s Mainfreight spells out “MERRY XMAS” with its trucks and trailers for an aerial photo that delights Facebook users.
Schneider’s pursuit of innovation lands it on 2020 FreightTech 25 list
FreightWaves President George Abernathy is joined by Schneider CEO and President Mark Rourke for an industry keynote on shaping the vision of Schneider now and into the future. Apple Podcasts […]
The former chief customer officer for YRC Worldwide will work with 8VC portfolio companies full-time.
In an industry in which every minute counts, all players can see big returns when one member of the supply chain integrates innovative technologies and efficiencies into its processes.
This year’s list includes 16 returning winners from last year’s awards and nine first-timers.
Women In Trucking ambassador Kellylynn McLaughlin drives to impact change for everyone in the industry.
Three heavy hitters to take the stage at FreightWaves LIVE next month in Chicago.
Ruth Lopez receives award at the Women In Trucking Association’s annual conference this week.
Retailers of heavy goods like furniture face the same e-commerce delivery pressures as retailers shipping parcels, survey finds
Schneider’s move to shut final-mile unit leaves furniture retailers seeking last-mile delivery options
Schneider wins award for security excellence, while US Xpress honored as carrier of the year by FedEx Ground
Input from transportation partners shaped food giant’s distribution centers, with the aim of keeping drivers there are little as possible.
Changing distribution patterns could spell trouble for intermodal, report says.
The last mile has become first priority.
Schneider Logistics published its 2019 Transportation Industry Review, arming shippers with the information they need to make short- and long-term distribution plans, budget freight costs and provide industry context to their broader audiences.
Freight Alley in Chattanooga was the scene on the afternoon of February 21, when executives from FreightWaves, Nodal Exchange, DAT and K-Ratio presented the Trucking Freight Futures roadshow. Trucking Freight Futures debut on the Nodal Exchange on March 29.
The transportation giant will be using cloud-based software applications Load Track and Smart Capacity to improve its processes and make working with Schneider’s logistics division as seamless as possible for carriers and drivers.
Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.
Schneider National (NYSE: SNDR) reported strong earnings again in the fourth quarter, beating analysts’ earnings per share (EPS) estimates of $0.46. The transportation giant posted adjusted diluted EPS of $0.49, up from 2017’s fourth quarter result of $0.33.
Since its founding in 1935, Schneider has only known three leaders: founder Al Schneider, his son Don Schneider, and Chris Lofgren, the first non-family member to lead the company. Come April 2019, you can add the name Mark Rourke to that list.
U.S. Xpress CEO Fuller warns that a lot of companies are still working with 30-year-old technology.
Schneider National (NYSE: SNDR) reported strong third quarter earnings, announcing $1.3 billion in operating revenue, a 15 percent increase compared to the third quarter of 2017.
After remaining flat in 2015-16, the average fleet fuel economy for the nation’s top fleets improved in 2017, according to research conducted by the North American Council for Freight Efficiency (NACFE).
Schneider National and 8VC announced a partnership with Platform Science to develop data platforms to allow carriers to manage IoT data and generate custom, realtime insights.
FreightWaves adds stock tickers for publicly traded stocks in the freight space
Psychemedics Corporation says they have developed a test which eliminates false positives and has been vetted by the FBI.
Schneider (NYSE: SNDR), a provider of transportation and logistics services, is now a member of the Blockchain in Transport Alliance (BITA).
JP Morgan likes FedEx, Schneider, Canada Pacific, and JB Hunt–‘sells’ include Union Pacific, Knight-Swift, and CH Robinson.
As larger items such as appliances and furniture are increasingly being purchased online, the need for more “white glove” delivery services is leading carriers to look at acquiring or partnering with companies that specialize in this area.
Autonomous vehicles are alive and well, and now crossing borders. While many states have yet to authorize the testing of autonomous vehicles, a demonstration took place Monday between Michigan and Southern Ontario.
The Federal Motor Carrier Safety Administration is again delaying a rule that many in the industry asked for – entry-level driver training. Also, a look at what life is like on the road for drivers, battery technology could extend vehicle range and UPS to add peak seasonal volume charges.
Schneider National Inc. is the first transportation provider to issues shares in an initial public offering since 2010, according to data compiled by Dealogic. But, will it be the last? The time may be ripe for more companies to dip their toes in the water.
