Lower used truck prices will hit Ryder profitability in ’23
Ryder’s 2023 profitability forecast assumes lower numbers due to falling used truck prices.
Ryder’s 2023 profitability forecast assumes lower numbers due to falling used truck prices.
The Teamsters union says it wants more details before agreeing to any of less-than-truckload carrier Yellow’s operational changes.
After a surge in orders in December, trailer OEMs follow truck manufacturers in reporting slower bookings with large backlogs.
“Treat every application like it is worth a million dollars. An allegation of negligent hiring in post-crash litigation could cost at least that and more,” said Mark Schedler, senior transport editor at J. J. Keller & Associates.
Supply chain software provider Descartes announced Tuesday the acquisition of final-mile tech platform GroundCloud.
Truck safety regulator will host webinars to discuss revisions aimed at keeping more high-risk violators off the road.
A Tuesday report from Cass Information Systems showed freight shipments in January were flat with December on a seasonally adjusted basis.
Carrier Pam Transportation saw margin pressure in the fourth quarter as peak season didn’t materialize.
The UPS-Teamsters contract’s so-called 22.4 classification is unpopular with the union because it is seen as an unjustified second-class role for drivers.
The Canadian Trucking Alliance and OOIDA call on President Joe Biden to end the U.S. border vaccine mandate.
Less-than-truckload carrier Pitt Ohio announced a minority investment in national final-mile platform Aria Logistics.
Cummins Inc. will retire two legacy engines, replacing them with one fuel-agnostic powertrain for medium- and heavy-duty trucks.
The Teamsters union promises a fight heading into contract renewals with less-than-truckload carriers.
This week in Borderlands: The Port of Corpus Christi finishes 2022 with a new tonnage record; Emergent Cold Latin America acquires Mexico-based Qualianz; J&J Snack Foods is opening a major logistics hub in Dallas; and CBP seizes more than $5 million worth of meth hidden in a shipment of radishes.
AskWaves looks at what shippers, carriers, 3PLs and receivers can do to improve less-than-truckload transportation in the grocery space.
This week: St. Christopher brings its benefit concert to a live audience; Lytx awards its customers’ drivers and coaches for top safety records; and XPO Logistics pledges another year of trafficking awareness training for employees.
U.S. Postal Service is aiming its two- to five-day delivery window at budget-conscious shippers and consumers.
Batteries. Electrified components. Fuel cells. Cummins Inc. has plans for all of them. But hydrogen-making electrolyzers top the list.
Radiant Logistics pushed back financial filings once again as it works to correct inaccurate timing of revenue and expenses in prior periods.
The TIA, the leading industry association representing brokers, is ramping up its fight against fraudulent double brokering.