Old Dominion eyes operating ratio in the 60s
Less-than-truckload carrier Old Dominion raised its long-term margin target when it released better-than-expected fourth-quarter earnings Wednesday.
Less-than-truckload carrier Old Dominion raised its long-term margin target when it released better-than-expected fourth-quarter earnings Wednesday.
Pitney Bowes’ Nita Lathia becomes head of marketplaces for Passport.
While major parcel carriers offer a one-size-fits-all service under the guise of simplification, ACI Logistix applies a consultative approach.
By gathering this information at pickup, DDC Sync is enabling near-time logistics planning and cross-team communication that can be made before a truck ever makes it back to the terminal.
Shippers may benefit from limiting the number of partners they work with in a loose market, but this exclusionary approach has become a serious — and seriously expensive — problem as capacity has tightened and rates have climbed to record highs.
Saia’s operating ratio was up more than 500 basis points in Q4 2021 compared to the final quarter of 2020.
Despite strong revenue growth, freight broker productivity fell sharply.
TuSimple advances its commercialization timetable for driverless trucking and adds intermodal freight for Union Pacific at the Port of Tucson in Arizona.
Police are taking action to remove a truck blockade at the U.S.-Canada border that stranded some cross-border drivers.
Bottlenecks and a lack of transportation capacity led many retailers to order extra merchandise in the fall. Inventories are now piling up at points along the supply chain for some companies because they still can’t find the transportation to move the goods, a supply chain survey finds.
UPS posted its best quarterly operating profit in its history. It also declared a 49% dividend increase.
Computer glitches are being blamed for the delay of the Project Infinity rollout that some fear could break up long-standing relationships with carriers.
After investigators uncovered a variety of safety violations, Adversity Transport was issued a federal out-of-service order on Jan. 25 forbidding the company to operate.
Canadian trucking firm Pride Group Logistics dramatically expands its U.S. presence with the acquisition of Texas truckload carrier Arnold Transportation Systems.
ArcBest raised long-term expectations Tuesday in conjunction with its fourth-quarter results, which were better than expected. The company now eyes doubling its size by 2025.
Daimler Truck North America and two partners plan to spend $650 million to build public electric charging for medium- and heavy-duty trucks.
Forager founder and CEO Matt Silver will continue to work closely with his team as Arrive’s vice president of cross-border solutions.
As competition for truck drivers heats up, fleets need to take steps to improve their recruiting, hiring and onboarding processes to find candidates and get them into trucks.
WorkHound’s “feedback loop” is an anonymous way for quick driver comments to get into the hands of trucking companies.
ArcBest on Tuesday reported fourth-quarter results, which once again outpaced analysts’ expectations.