Knight-Swift Transportation reported strong earnings on Wednesday, and it was immediately met with praise from Morgan Stanley analyst Ravi Shanker, who wrote in a note that the company’s stock is a “relative buy, at worst, in our view.”
The UPS Freight 30-day period is coming to an end and rank-and-file angry with the ratification decision in the face of a “no” vote are not sitting quietly.
Even as the trucking industry struggles to identify new drivers, there is a segment of the U.S. population that is facing unemployment rates above 27% that are looking for jobs. Can felons fill the driver gap?
While the index is still showing significant gains over last year, there clearly is a decline from recent highs.
Revenue forecasts were reached only because of a one-time tax event. But by almost any other standard, it was a strong quarter.
It is a significant widening of activities at the TraPac facility.
Also in the pickup: IMO meets with 2020 on the horizon; Rhine levels are causing plants to shut down; C.R. England and its charitable cause
It may mean less now in an era of higher pay, but if total hours don’t exceed the minimum wage, it could be an issue because of this ruling.
Since its launch, Convoy has been innovating with technological solutions aimed at reinventing the way freight moves across the country. To help fulfill that mission, the company is now expanding beyond its Seattle, WA, roots to a second office located in Atlanta.
Venture brings together two of the largest names in U.S. frac sand production to provide integrated delivery solution.
The plant at the heart of the story was acquired by XPO a few years ago. The company reportedly was stunned by the allegations in the article.
The usual signs of an upturn in the trucking sector aren’t there, according to the Wall Street house, and Morgan wonders if a lot of the demand got pushed forward.
SONAR’s Headhaul Index map and the HAUL.JOT Index are both showing that the return to growth in inbound loaded container flow first seen in the Long Beach/LA port is continuing and gathering momentum.
Uber Freight introduces three new features to its app, making it more customizable and intuitive, and helping drivers and carriers better manage their loads and time schedules.
Will the combination of oil prices, refinery cracks and scrubber economics result in easing of fears of tight supplies? Two reports chime in.
Spireon hosted a webinar in collaboration with FreightWaves earlier this week to explore how the DRIVE-Safe Act could affect the driver shortage if it becomes law.
XPO Logistics was named to the Fortune Future 50 list of U.S. public companies while KeepTruckin and Transfix were both honored by Forbes as two companies likely to achieve unicorn status.
In an effort to give our subscriber base input on a hot topic – HOS changes – we decided to conduct a survey during the FMCSA open comment period. Check out what we found!
Uber Inc. has introduced Powerloop, an affiliate company to Uber Freight, which would rent out power-only trailers to carriers looking to grow their business and thereby ease the industry’s capacity crunch.
One quarter ago, their earnings were feared to have marked a peak. But there’s no signs of that reading the third quarter numbers.
