Time is right to invest in truckload stocks, says Stephens analyst
Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.
Marten Transport and other public truckload companies could make a good stock investment if historical trends hold, says an analyst from Stephens.
Old Dominion’s operating ratio (OR) improved 520 basis points in the fourth quarter, moving from 83.9 percent to 78.7 percent year-over-year. This is the third quarter in a row the company has posted an OR under 80 percent.
Green New Deals are the rage in Washington, with benefits – and costs – for trucking.
The key benchmark OTRI sounded the alarms about weaker markets, but other indicators were telling a different story.
Ashley Coker CHART: TCA DATA HOUSES INSIDE FREIGHTWAVES’ SONAR Average length of haul has been trending up since October 2018, according to TCA data housed inside FreightWaves’ SONAR. The data indicates average length of haul came in at 626 miles in October 2018, then climbed to 638 miles in November 2018. TCA’s average length of […]
LNG shipments to Puerto Rico caught in the middle of latest battle over the Jones Act maritime regulation.
The double-decker underground highway opened 10 years after then-Governor Christine Gregoire chose a tunnel to replace the elevated Alaskan Way Viaduct.
The Transportation Intermediaries Association (TIA) announced the appointment of three new vice presidents as part of its ongoing growth plans. With over 1,700 members, the association is the leading organization devoted to the North American third-party logistics (3PL) industry.
Indigo Agriculture has recently launched Indigo Transport, a digital logistics platform designed to connect shippers and carriers to more efficiently haul agricultural products.
Convoy, the powerful nationwide trucking network and platform for both shippers and carriers, is partnering with FreightWaves on the first-ever Shipper of Choice Award.
January new truck orders have fallen 26 percent from December, continuing a trend that has developed after record-breaking months last year.
Predictive supply chain visibility platform FourKites has tripled its revenue since its Series B financing last year, and plans to expand its team, add features to its platform, and fund its zero deadhead initiative with the $50 million it has raised in the fresh round of investment this year.
R. Eddie Wayland, TCA Legal Counsel (PHOTO: SHUTTERSTOCK) The Union in this case sought to represent a unit of drivers at one of the carrier’s facilities. Under the Union’s petition with the National Labor Relations Board (NLRB), only drivers would be represented. The carrier argued that the unit should be a “wall-to-wall” unit of all […]
Drivers – not brokers – facing penalties of $5,000-$10,000 for violating new e-manifest filing requirements at the border.
The earnings were accompanied by a strong report from Cowen on the company’s outlook.
New vans to hit roads in New York, California.
Tesla’s acquisition Maxwell Technologies could have an impact on Maxwell’s fleet business, which counts more than 7,000 trucks using its products.
A new petition is seeking White House help to get two bills that would exempt most small trucking companies and owner-operators exempted from the ELD requirement reintroduced to Congress.
The United States Postal Service is deploying seven all-electric step vans in California, powered by Motiv’s EPIC system, plus living life on the road and the Polar Vortex causes crude troubles.
Convoy is now matching 100 percent of loads automatically in major markets, effectively eliminating the need for any person to call or communicate between the shipper and carrier.