Shares of J.B. Hunt Transport Services jumped 10% Friday as the company navigated supply chain challenges during the third quarter to beat analysts’ forecasts.
This episode also dives into the tight inventories facing the diesel market.
Stockholm-based TrusTrace plans to use the capital to expand globally, enhance product development and “continue leveraging cutting-edge technology and the best minds in the industry to achieve positive, restorative change for people and the planet,” said Shameek Ghosh, CEO and co-founder.
Truck Talk is a weekly newsletter offering perspective and context on happenings in the trucking ecosystem.
J.B. Hunt Transport Services sidesteps disruption throughout the transportation network to beat analysts’ forecasts.
News comes days before LaserShip’s private equity parent to announce $1.3 billion purchase of fellow regional delivery firm OnTrac.
P.A.M. Transportation Services sees earnings surge during the third quarter even as supply chain disruption accelerates.
A top Biden administration official believes securing data among supply chain competitors will be the key to rolling out a nationwide 24/7 strategy.
Nikola continues to work its fuel cell electric truck reservation book, converting flatbed hauler PGT Trucking to a letter of intent.
Recruiting, cybersecurity and human trafficking were major discussion topics at this year’s conference in Dallas.
Heartland Express beats expectations in the third quarter with the help from gains on sale.
Recruiters are pulling out all the stops to attract truck drivers. But one trucker charity founder says carriers’ priorities change when tragedy strikes: They often retrieve the freight but fail to help the drivers’ families.
Owner-operators are warning the FMCSA that shortages at drug-testing clinics are threatening truck driver livelihoods.
Does private equity see a future in a nationwide parcel network stitched together with regional players? The LaserShip-OnTrac deal may be the first step.
The Teamsters backed the actions and praised the “brave” drivers; the court suggested XPO might have had a strong case.
The collision of supply constraints with pent-up equipment demand is pushing some 2021 trailer orders into next year.
The transportation industry needs to transition to cleaner fuels to keep global temperature rise below 1.5 degrees Celsius. Green hydrogen-based fuels have potential to decarbonize shipping, aviation and long-haul trucking, according to recent reports.
Supply chain constraints are keeping a lid on freight volumes while rates continue to reach new highs, according to September data from Cass Information Systems.
Freight is attracting record levels of investment right now, and Emerge’s dedication to making the industry more flexible and efficient through digitization has drawn attention.
The company is so new that there isn’t any earnings history to discuss yet, but that will change in a few weeks.
