Truckload carrier U.S. Xpress turned in a quarter that was roughly breakeven, but some of the numbers from its Variant initiative deteriorated significantly.
Fleetcor’s reported first-quarter earnings Thursday include a steady retention rate of 93%.
Rate hikes and a slowdown in online deliveries hit U.S. Postal Service demand in the second quarter.
The East Coast diesel market is getting tighter. Prices are rising, particularly for buyers demanding fuel for the fastest delivery time.
Reliance Partners’ Brian Runnels offers tips ahead of the inspections on May 17-19.
Less-than-truckload carrier Yellow Corp. has begun the next phase of its multiyear transformation. A recent proposal seeks to consolidate and close terminals in the West.
Electric truck maker Nikola posted its first gross profit in Q1 and racked up orders backed by California incentives.
Supply chain technology provider Trimble reported record revenue for the first quarter of 2022.
Echo Global Logistics announced its first acquisition since being taken private last year. It signed an agreement to acquire temperature-controlled services provider Roadtex Transportation.
Trucking executives at large fleets acknowledged a weakening spot market during the first-quarter earnings season but their ties to the contract market give them confidence.
Revenue seen growing by 11% to 15%, up from 8% to 12%; CEO sees growth across all verticals.
XPO Logistics released a sustainability report that hones in on recruiting underrepresented groups and using optimization to reduce emissions.
Aided by the acquisition of Transplace last year, Uber Freight posted positive EBITDA for the first quarter.
Class 8 truck orders fell to a seven-month low in April as manufacturers continued to restrict bookings over supply chain uncertainty.
Capacity tightness was fueled by a massive demand spike along the I-55 corridor.
The nation’s top highway safety watchdog plans to push federal regulators to require a higher level of speed-limiting technology than currently proposed.
What’s good at the Port of Cleveland; spot slides again; The Future of Supply Chain; news on WHAT THE TRUCK?!?
Traton Group is glad it bought Navistar when it did. The U.S. truck and bus maker is helping offset war and other issues at the German holding company.
As spot rates tumble, shippers should consider rerunning their RFPs to lock down better prices.
Werner Enterprises continues to see solid contractual rate increases. However, it warned that newly minted carriers dependent on the spot market are likely in trouble.
