Amazon posts 20 percent second quarter sales gain; shipping costs soar 36 percent as one-day delivery ramps
Amazon’s q2 shipping costs soar as costs of one-day delivery launch exceed estimates
Amazon’s q2 shipping costs soar as costs of one-day delivery launch exceed estimates
Denser shipments and higher prices combined for a 6.9 percent improvement in revenue per LTL shipment.
USA Truck blames a softer freight environment, declining spot rates and unrealized bid awards for its lower-than-expected second-quarter results.
Werner’s second quarter was $0.01 light of consensus and the company lowered its pricing forecast for the rest of 2019.
Canadian transportation firm reports a 13 percent increase in net income, helped in part by improved performance from its U.S. truckload businesses.
Company’s best-in-class model will be tested as LTL conditions remain soft
BorgWarner sales and income declined in the second quarter but revised downward guidance for the rest of the year hammered shares.
With the growth of technology in the trucking sector, drivers are now being monitored every second they are in the cab, which has led to concerns about privacy.
Near-shoring staff in Colombia has become a big trend for U.S. transport and logistics companies.
Old Dominion posts record q2 results as cost management offsets weak demand
Owners of ships, railcars and trucks face increased risk from environmental regulations, credit rating agency Moody’s said. The value of $265 billion in debt owed by transportation companies may be in for a bumpy ride in the near-term due to the costs of meeting those new rules. But Moody’s said the transition should be manageable. […]
Mostly ignored in the B2C rush, small business in the B2B realm are getting a seat at the e-commerce table.
The Port of Los Angeles is a test bed for the latest in logistics technology, and a target for the threats facing that technology. To stave off those threats, the largest U.S. seaport is seeking bids for a “turn-key” cybersecurity center, “a first-of-its-kind solution that will help to reduce the port-wide risk of a cyber […]
After years on the transport mat, next day air flies off as UPS volume surges
Canadian transportation and oil services firm ready to make additional acquisitions to boost growth after strong second quarter results.
Landstar missed the bottom-end of its guidance range as expected. The company sees weakness in truckload fundamentals continuing through the third quarter.
Covenant released earnings results in-line with its previously lowered expectations as it seeks “predictability” in its operations for the remainder of 2019.
ECHO faced a tough quarter with soft spot volumes and unexpected tightness in June.
Report asserts industry needs to hire 1.1 million new drivers over the next decade.
R. Eddie Wayland, TCA Legal Counsel PHOTO CREDIT: JIM ALLEN/FREIGHTWAVES On July 22, 2019, the Wage and Hour Division (WHD) of the Department of Labor (DOL) issued an opinion letter as to whether the time a driver spends in his or her truck’s sleeper berth qualifies as compensable hours worked under the Fair Labor Standards […]