Saia says demand lost momentum as Q3 advanced
Less-than-truckload carrier Saia slightly missed third-quarter expectations and noted volumes softened as the quarter progressed.
Less-than-truckload carrier Saia slightly missed third-quarter expectations and noted volumes softened as the quarter progressed.
XPO Logistics’ third-quarter results were at the high end of preannounced ranges. The fourth-quarter outlook calls for continued growth but with some cost pressures.
Uber Freight and Transplace are now fully consolidated, and its leaders are touting the benefits.
Last week saw a number of updates on port infrastructure funding and terminal project statuses.
This week in Borderlands: $83M bridge expansion project targets expanding Mexico trade; Volkswagen invests $763M in its Mexico plant; Texas border checkpoint receives $165M for expansion; and the Port of Harlingen awarded grant to improve dock.
DOT should consider trucking and other supply chain costs in its push to expand off-site and inland container facilities, transportation executives caution.
Ruan announced the acquisition of Michigan-based regional carrier NTB on Friday.
In the first earnings call since its AB5-driven deal with the Teamsters, Universal CEO Tim Phillips speaks positively about its impact.
TFI posts strong third-quarter results and boosts its dividend by 30%. But much of the focus is on the work in progress at T-Force Freight.
Traton Group relied on Navistar to boost nine-month sales by 11% while a litany of industry issues pressured income.
Driver-facing cameras are seen as intrusive and an invasion of privacy in the truck-driving community. Yet fleets are rapidly adopting them.
Trucker Path bridges the gap between brokers and carriers, connecting over 1,000 brokers with over 1 million app users.
The intersection of natural gas and diesel has likely never been more volatile than it is going into the coming winter.
Hub Group reported year-over-year increases in its intermodal, logistics and truck brokerage segments during the third quarter.
Amazon reported a third-quarter sales deceleration that it says will persist into the holidays.
A Borderless Coverage risk management strategy equips shippers for Mexico’s many challenges.
Schneider National beat expectations for the third quarter but pulled in guidance as peak season is likely to be “muted.”
Forward Air highlights several growth opportunities that will push results higher again in 2023 even if the economy slows further.
Weather-related hazards cause over 1.2 million vehicle accidents each year, yet leading trucking firms still lack a streamlined system to identify which of their drivers are at risk due to adverse weather conditions.
Used truck prices helped Ryder in comparison to last year, but the market is weak going forward.