Loadsmith orders 800 Kodiak Robotics autonomous truck systems
After originally working with TuSimple, Loadsmith picks Kodiak Robotics for autonomous driving systems.
After originally working with TuSimple, Loadsmith picks Kodiak Robotics for autonomous driving systems.
James Reed is the new COO at autonomous truck startup Kodiak Robotics, possessing tech credentials unrivaled among trucking executives.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
USA Truck said Thursday it has been sold to German 3PL DB Schenker.
DB Schenker, el tercer mayor proveedor de logística en el mundo por ingresos y una división de la compañía nacional de ferrocarriles de Alemania, ha acordado adquirir el transportador de […]
German logistics giant DB Schenker on Friday made a big move into the North American trucking market with a deal to acquire USA Truck.
USA Truck posted its seventh consecutive quarter of record earnings Thursday and expects 2022 to be another record year, James Reed, president and CEO, said during a call with analysts Friday.
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.
USA Truck lost money for many years, but with new leadership and culture has turned itself into a financial success.
USA Truck beats fourth-quarter expectations and plans to grow revenue through expanding capacity east of Interstate 35 and doubling logistics business.
USA Truck Inc. rode a robust freight and pricing market to revenue of $200.9 million and earnings per share of $1.38 during the fourth quarter.
With a growing stack of letters of intent, Nikola approaches player status in electric trucks if its demonstration units meet performance requirements.
Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.
De cara al futuro, la startup aumenta su cartera de pedidos
con la intención de hacer un pedido a USA Truck
Startup electric truck maker Nikola dropped its patent infringement suit against Tesla after original claims were muted and the judge shelved the case.
Arkansas-based carrier’s trucking segment posted revenue of $113M and brokerage division posted revenue of $81M in Q3.
USA Truck reported second-quarter net income of $4.2 million, after reporting a loss of $900,000 in the same period a year ago.
Carriers are hoping to attract drivers with more pay and improved benefits.
The company’s chief retention officer said a far wider range of steps explains the company’s recent success on several fronts.
Carriers continue to push driver pay higher amid a capacity-constrained market to keep their equipment seated and on the road.
As first quarter earnings continue to be announced, FreightWaves takes a look at how truckload and LTL carriers stack up.
The truckload carrier’s OR went from in excess of 100% to 95.8%.
In today’s edition of The Daily Dash, a lawmaker would like to make COVID vaccines available at a truck stop chain; the future of trucking regulations; and why is trucking employment falling?
The trucking and logistics company gained from strong demand and tight supply.
In today’s edition of The Daily Dash, supply chain resiliency, digitization and trends were among the focus of the North American Supply Chain Summit on Tuesday. Plus, TravelCenters of America takes out a loan and more drivers might be failing drug and alcohol tests.
USA Truck will deploy Trucker Tools’ Smart Capacity solution, while Penske adds tracking solution as Trucker Tools continues to add large transportation partners to its platform.
Tune into a fireside chat with USA Truck’s George Henry and Prasad Gollapalli, founder and CEO of Trucker Tools. Listeners will learn from USA Truck’s experience as it launched into its technology journey with Trucker Tools, lessons being learned, and best practices to follow in designing and executing a best-in-class technology strategy while keeping the business running and avoiding being left on the shoulder of the technology transformation highway.
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.
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.
USA Truck was able to use a favorable demand backdrop and very tight truck capacity to break a string of four consecutive quarterly losses.
Declines in Cass freight data continue to outpace the industry by a considerable margin. The firm sees improved results on the horizon.
In today’s edition of The Daily Dash, opposition to the federal excise tax ramps up efforts to suspend the tax, CSCMP honors Matthew Waller and drivers sound off on their employers.
Management from USA Truck provides upbeat commentary regarding the potential for significantly improved earnings as truckload fundamentals remain firm.
USA Truck’s second-quarter result comes in slightly ahead of expectations, but the carrier extends its losses to four consecutive quarters.
USA Truck continues to execute on its internal turnaround initiatives, but they have yet to bleed through and provide positive earnings results for the carrier.
Management says “tough pricing environment” muted operational efficiency initiatives.
Jason Bates will fill the vacant CFO role at Daseke after three years in the same role at USA Truck.
USA Truck’s shares fall after another earnings disappointment. New turnaround initiatives were quantified on the company’s conference call.
USA Truck reports another worse-than-expected loss as it revamps the company.
A number of trucking companies are expanding and/or upgrading their terminal systems.
Add USA Truck to the list of carriers finding themselves struggling to find their way in a soft freight market. The carrier found itself forced into the spot market to find freight for its trucks after making an acquisition just a year ago.
Motor carriers and commercial drivers agree on just four of the Top 10 challenges facing the trucking industry, according to the American Transportation Research Institute’s annual study.
USA Truck blames a softer freight environment, declining spot rates and unrealized bid awards for its lower-than-expected second-quarter results.
USA Truck (NASDAQ: USAK) posted its most profitable first quarter results since 2006 on April 25. The quarter is now the seventh straight quarter of profitability.
Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.
The company’s stock took it on the chin for much of 2018 but the company said it had a strong fourth quarter.
Everyone knew the quarter was weaker than it had been. The question is how much. Stock prices have reflected a significant slowdown.
Some of the stocks that were getting hammered at midday recovered on the back of the broader market rebound by the close. One exception: Ryder.
There’s no particular pattern in seeing which stocks have declined significantly more than the drop in the overall S&P 500 index.
The Dow Jones Industrial Average plummeted today, posting its biggest loss since May 29; meanwhile the S&P 500 is on a losing streak that hasn’t been matched in upwards of 2 years.
We visualized the performance metrics of the publicly-traded truckload carriers over the past six quarters, using TCA InGauge’s data.
USA Truck had an aggressive plan to add trucks to its fleet, but delays at the OEMs are falling short of the targets.
Everyone sees the market as strong and staying that way, but are there other headwinds in the trucking sector?
USA Truck posts a strong first quarter earnings continuing its torrid turnaround pace.