Uber Freight’s EBITDA barely positive in Q3
Uber Freight’s EBITDA was barely positive in the third quarter on a decline in revenue.
Uber Freight’s EBITDA was barely positive in the third quarter on a decline in revenue.
Truckload carriers prepare for the other side of the freight boom.
Logistics startup Newtrul has raised an additional $5 million to be the “Expedia” of freight booking.
Less-than-truckload carrier Saia slightly missed third-quarter expectations and noted volumes softened as the quarter progressed.
XPO Logistics’ third-quarter results were at the high end of preannounced ranges. The fourth-quarter outlook calls for continued growth but with some cost pressures.
Uber Freight and Transplace are now fully consolidated, and its leaders are touting the benefits.
Last week saw a number of updates on port infrastructure funding and terminal project statuses.
This week in Borderlands: $83M bridge expansion project targets expanding Mexico trade; Volkswagen invests $763M in its Mexico plant; Texas border checkpoint receives $165M for expansion; and the Port of Harlingen awarded grant to improve dock.
DOT should consider trucking and other supply chain costs in its push to expand off-site and inland container facilities, transportation executives caution.
Ruan announced the acquisition of Michigan-based regional carrier NTB on Friday.
In the first earnings call since its AB5-driven deal with the Teamsters, Universal CEO Tim Phillips speaks positively about its impact.
TFI posts strong third-quarter results and boosts its dividend by 30%. But much of the focus is on the work in progress at T-Force Freight.
Traton Group relied on Navistar to boost nine-month sales by 11% while a litany of industry issues pressured income.
Driver-facing cameras are seen as intrusive and an invasion of privacy in the truck-driving community. Yet fleets are rapidly adopting them.
Trucker Path bridges the gap between brokers and carriers, connecting over 1,000 brokers with over 1 million app users.
The intersection of natural gas and diesel has likely never been more volatile than it is going into the coming winter.
Hub Group reported year-over-year increases in its intermodal, logistics and truck brokerage segments during the third quarter.
Amazon reported a third-quarter sales deceleration that it says will persist into the holidays.
A Borderless Coverage risk management strategy equips shippers for Mexico’s many challenges.
Schneider National beat expectations for the third quarter but pulled in guidance as peak season is likely to be “muted.”