More shippers avoiding long contracts amid abundant truckload capacity
Excess truckload capacity continues to push down rates and change shipper behaviors to a more transactional approach.
Excess truckload capacity continues to push down rates and change shipper behaviors to a more transactional approach.
This week: Theresa DeSantis takes home a second SuperRigs Best of Show award, Schneider donates to LGBTQIA+ non-profit organization and Swift honors POW/MIA veterans with a newly wrapped Kenworth.
El 9º Circuito dice que el acuerdo alcanzado en 2019, junto con la certificación de la clase, no tuvo una revisión adecuada
If the remaining companies also settle, questions of whether there was a conspiracy not to hire drivers who owed money to previous employers may never be answered.
The decision is also seen as potentially being a legal precedent on the issue of non-compete contracts.
In today’s edition of The Daily Dash, Walmart CEO Doug McMillon talks innovation, sustainability and more in a CES speech. Plus, FMCSA names new members to a safety advisory panel and Navistar plans to close an Illinois plant.
Tayland Rahim, 27, of Gladstone, Missouri, an ex-Swift truck driver, was shot multiple times after troopers claim he drove to the Missouri State Highway Patrol’s local headquarters in Lee’s Summit with an assault-style rifle, firing several rounds.
Swift Transportation founder Jerry Moyes has been tapped to lead LTL carrier Central Freight Lines of Waco, Texas, which he owns.
Knight-Swift announces Adam Miller will lead Swift Transportation in addition to his role of CFO at the parent company.
Divided federal appeals court revived CRST’s driver-poaching lawsuit against TransAm
This is part of our ongoing weekly feature called the “Online Haul of Fame.” FreightWaves will feature companies that have had a lasting impact on the trucking industry, past or […]
Swift drivers react to driver leader’s instructions to chain up and drive in inclement weather.
The EPA named its annual SmartWay Excellence Award winners on Oct. 7, 2019. J.B. Hunt is one of 72 companies to be honored this year, but is one of just five companies that have been honored 10 times. Schneider National, Swift Transportation, Lowe’s Companies, and Kimberly-Clark Corporation are the others.
The transformation continues at Celadon Trucking with former Swift Transportation chief taking the helm.
A federal jury ordered Swift Transportation to pay long-haul trucking rival CRST Expedited more than $15 million for allegedly poaching drivers who were under contract to CRST, which is based in Cedar Rapids, Iowa.
The operating ratio in every trucking segment of the company was improved and its outlook for 2019 is solid also.
The Swift program will offer courses through Southern New Hampshire University.
Knight-Swift Transportation Holdings (NYSE: KNX) reported revenue growth and rising income across much of the company, with the notable exception of Swift’s refrigerated segment, during its second quarter 2018 earnings call.
Knight-Swift’s revenues stabilized despite fewer trucks and shorter length of haul, and the two brands managed to increase their efficiency and improve operating ratios.
Knight Trucking put 20% of its capacity on the spot market in Q4 2017 and it paid off big. Swift has also been improving its operations, and management said it will focus on fixing its reefer business in 2018.
Offering long-haul truck drivers the opportunity to extend their day by 2 hours is the goal of a new petition to FMCSA from KeepTruckin. The ELD provider said an analysis of data collected from devices found a troubling pattern of safety concerns when drivers are detained at shippers.
The merger of Knight Transportation and Swift Transportation may be the transportation highlight for the year, but there has plenty more activity revolving around mergers and acquisitions (M&A) in 2017, with no letup in sight.
A new global study has found that transportation companies are embracing the Internet of Things (IoT), but many still lack a full understanding of how best to utilize the data.
After a start to earnings season that saw both J.B. Hunt and C.H. Robinson miss expectations, transport stocks received a boost as both Werner Enterprises and Swift Transportation reported better-than-expected reports.
Flatbed hauler Daseke has decided to put some stock in its employees – literally. The publicly held company announced it will set aside 1 million shares of common stock with a current value of $9.9 million for employees. Also, a list of the world’s largest transportation companies and news on a lawsuit involving Swift.
In a stock swap valued at $6 billion, truckload operators Knight Transportation and Swift Transportation have agreed to a merger. The new company, Knight-Swift Transportation Holdings, will have approximately 23,000 tractors, 77,000 trailers, 28,000 employees and control approximately 5% of the nation’s truckload market.