Strong spot market fundamentals and low inventories prompt UBS analyst Tom Wadewitz to raise truckload carriers’ earnings estimates for the second half of 2020.
In today’s edition of The Daily Dash, a tight trucking market could hamper Hurricane Laura recovery efforts plus Tyson Foods steps up and spot rates could be ready to rise.
The new factories from Boston-based Creation Technologies, Austria-based Pollmann International and El Paso, Texas-based MFG Solutions, Luxembourg-based Ikano Industries, and Milwaukee Tools will create more than 3,400 new jobs in Mexico.
Trucks had to navigate around fallen trees along I-10 Westbound in Louisiana Thursday in the immediate aftermath of Hurricane Laura.
At its recent user conference, Trimble announced several new features and options for its TMS products as well as integrations with KeepTruckin and project44.
The COVID-19 pandemic has forced food companies, along with trucking and relief groups, to pivot to how they normally respond to natural disasters like Hurricane Laura.
In today’s edition of The Daily Dash, markets remain on fire and indications are it may continue that way for quite a while. Plus, portions of I-10 reopen following Hurricane Laura and hearing impaired truckers seek relief from certain CDL requirements.
The strength in the trucking market marches on.
UPS is a modern-day version of the Pony Express, which operated its eastern terminal outside Kansas City. UPS is adding space at the Kansas City airport to park five aircraft wingtip to wingtip.
TFI International has agreed to acquire APPS Transport Group in a move that will bolster one of the company’s weak links: its Canadian less-than-truckload business.
Agency looking for 200-400 drivers to participate in pilot project.
CEO Prince says insurance product offering with Aon beginning to gain traction
A Texas appeals court ordered a new trial in a suit accusing an FTS International truck driver of causing a collision while under the influence of drugs.
The U.S. Federal Maritime Commission’s Office of Administrative Law Judges is expected to announce an initial decision in this multibillion-dollar complaint against the ocean carriers by August 2021.
The latter half of 2020 looks to bring positive load volumes and favorable conditions for carriers. It appears Q2’s recessionary conditions couldn’t slow the trucking industry.
Carriers are restrategizing and putting greater emphasis on servicing their grounded aircraft, spurring an increase in the maintenance, repair and operations business.
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Hurricane Laura has left quite an impact in Louisiana. Plus, Convoy and UPS name new presidents, and drivers beware: Another inspection blitz is coming. No fuel, no place to rest Truck stops in and around areas where […]
Trucking, medical groups warn of safety risks if CDL limits are rolled back.
Truck drivers, search and rescue groups and humanitarian relief organizations, deliver critical medical supplies, food and other essentials after Hurricane Laura pounded the Gulf Coast.
Thursday was quiet but heavy activity booking loads will begin quickly.
