YRC Worldwide CEO James Welch announced he will retire in July 2018. Current YRC Freight President Darren Hawkins is expected to be named to succeed Welch by the Board of Directors at its July 2018 meeting, the company said in a release.
To get a more detailed look at the impact ELDs are having on the industry, FreightWaves talked with drivers and a fleet that has been running the devices, and each has reported different experiences, but in the end, the concern of all of them is that the devices simply work.
Sustainability initiatives are good for business, the long-term health of urban citizens, and the environment, but it will take long-term thinking and engaged problem-solving strategies. (Shutterstock)
The Fed has raised interest rates to 1.25%–rates on new loans, equipment leases, old variable debt, and factoring services will all go up.
The adoption rate for ELDs is slowly inching up as more fleets come into compliance with the law, which goes into effect on Dec. 18.
The enormity of the trucking industry can be realized by looking at the myriad of industries that depend on freight hauling for their sustenance and growth. Add the fracking industry to that list as frac sand has become a major commodity.
Weak workforce training, high corporate tax rates, poor road & rail infrastructure quality, and a lack of regulatory transparency are all hurting America’s competitiveness as a manufacturing location.
The Budweiser brewer says this is part of its strategy to reduce the company’s carbon emissions by 30% by 2025.
Dry van spot rates hit a 3-year monthly high in November, according to data compiled by DAT Solutions. The November rate was $2.07 per mile, the highest monthly average since December 2014, the firm said, and 5 cents above October levels.
The Rhode Island Trucking Association (RITA) has called out the Rhode Island Department of ansportation (RIDOT)’s allegedly inadequate environmental assessment (EA), hoping that the Federal Highway Administration (FHA) will reject the report.
More than 400,000 Freightliner and Western Star Trucks are being recalled by Daimler Trucks North America (DTNA) due to a potentially defective brake light.
Technology startup FR8 Revolution has received an investment from Sandhills Publishing as well as announced a new technology partnership with the company.
Recently, Mexico shifted into a supply-and-demand based pricing structure for its fuel markets, ditching the old system where the government set the fuel price through state-owned oil company Pemex as it seeks to attract more U.S. investment.
The demands of today’s marketplace are moving in one direction: giving us exactly what we want, when and where we want it. In his 2016 Ted Talk, Alan Amling reimagines the supply chain of the future. By integrating ideas from the past with today’s most promising technologies, he paints a surprising picture of how we might manufacture and move things in the years to come.
By the first week of December, the DAT weekly spot market price for dry-van loads had reached $2.09 (including fuel surcharge) or almost 30% higher in just 9 months. This is an extraordinary, but what is more extraordinary is the fact that the trucking marketplace is more than 3 times the size of the Bitcoin market capitalization, which has grown 22% in 12 months.
Last-minute efforts to delay or stop the electronic logging device rule (ELD) are continuing, but it may be too little, too late unless President Donald Trump throws a Hail Mary.
One of the questions many ask as the electric and autonomous vehicles are introduced to market is: What happens with the “last mile” delivery? It can be the most expensive leg of deliveries, especially in rural areas.
FedEx and UPS are squeezing e-commerce shippers with more expensive DIM pricing, accessorial fees, and tough rate negotiations.
Losses and debts can be a deadly combo for any shipping company to handle. In a report from the Wall Street Journal looking at so-called “zombie companies” in Europe, one logistics company stood out.
For millions of football fans, a trip to the Super Bowl is the ultimate bucket list item. For blue collar workers, though, attending the game is often out of reach with ticket prices reaching $5,000 and above on the secondary ticket market. For two lucky truck drivers that will change.
