In today’s edition of The Daily Dash, prosecutors are recommending jail for former Uber executive Anthony Levandowski, and how much did Amazon spend on logistics in the second quarter?
Carriers appear to be gaining momentum.
Freightliner’s test fleet of 30 electric trucks has circled the world an equivalent of a dozen times as they make drayage runs and a variety of deliveries in Southern California. Daimler Trucks North America plans regular production of electric trucks in 2022.
OOIDA warns suspending federal excise tax would hit Highway Trust Fund.
While revenue for Universal Logistics Holdings’ truckload, brokerage and intermodal segments all declined during the second quarter, the CEO said he was pleased with the “anticipated direction of our current operations.”
Numbers for the division were far worse than those of peers like Old Dominion and Saia; Deutsche Bank recommends breakup of the company
DCLI chief commercial officer warns shippers and truckers who seek a national chassis pool: Be careful what you wish for.
Forward Air lays out plans to expand its less-than-truckload footprint. More terminals are expected to open this year.
In conference call, CFO Satterfield discusses some flaws with other measures of LTL profitability
Phased reopenings around the world haven’t squelched demand for chartered services.
Federal prosecutors have recommended a 27-month prison sentence for Anthony Levandowski, the former head of Uber’s self-driving division, as well as three years of supervised release.
FHWA has awarded a contract for a platooning study, Schneider could be looking at an acquisition and UPS has an earnings surprise.
A small trucking company and a logistics firm filed for Chapter 7 bankruptcy protection in late July.
Hub Group’s second-quarter earnings beat was accompanied by the expectation for intermodal volume to increase in the high-single-digit range for the rest of the year.
The important barometer is down about 10 percentage points on decline in XPO LTL revenue that outstripped cutbacks in expenses.
On a per-share basis, the Warren, Michigan-based company said it had net income of 23 cents per share, on total operating revenues of $258 million.
Improving demand and truckload fundamentals are expected to drive third-quarter growth. The carrier’s growing cash balance garners some attention.
Whenever there’s a transaction in the supply chain, there’s an invoice. And a lot of those invoices get processed by US Bank, which has long had a large amount of business in the trucking sector. The bank puts together a quarterly summary known as the U.S. Bank’s Freight Payment Index, and it’s a good barometer […]
WEX Inc., a provider of fuel cards and account management services, reported sales fell 21% year over year to $347.1 million.
Project considered critical to developing federal safety standards and guidelines.
