Flatbed carrier Daseke announced Wednesday it has reduced debt and refinanced the bulk of its remaining debt. The transaction, which will lower annual interest payments, is the latest in the company’s efforts to improve margins and financial returns.
Robust liability insurance is one of the keys for increased safety in commercial trucking, according to findings by U.S. Xpress.
It can be confusing for shippers to identify high-impact technology investments.
Federal stimulus checks will be heading by direct deposit and mail to millions of Americans, who will quickly turn to their computers to place online orders that flood parcel networks.
Canadian trucking and logistics firm Titanium Transportation Group had a very good fourth quarter on the strength of its U.S brokerage business. But 2021 is set to be even bigger with its recent acquisition of ITS.
China was the top U.S. trading partner for the 10th consecutive month in January and was the most important trading partner in 2020.
The PRO Act would impact only the regulatory power of the National Labor Relations Act and is mostly targeted toward making unionization easier.
The German logistics giant forecasts more than $7 billion in operating profit as far out as 2023.
E-commerce is like a monster that can’t be contained and Amazon is growing with it. The online retailer just bought some aircraft for the first time. Now it has bought a piece of a cargo airline.
Einride conducted a survey to explore women’s views on a career in the trucking industry and how interest was impacted by environmental factors and technological factors such as autonomous trucking and artificial intelligence.
A. Bailey Wood takes over as head of the Commercial Vehicle Training Alliance from Don Lefeve.
The Truckload Carriers Association will host a complimentary webinar on today at 1 p.m. for those interested in the TCA Profitability Program (TPP).
This article was originally published in The Stockout newsletter on February 3, 2021. To sign up for The Stockout newsletter, click here. We recommend that CPG companies, and others that ship refrigerated goods, pay close attention to Marten Transportation’s results each quarter. Marten, which reported its fourth quarter last week, is listed seventh on the […]
Booming sales, thin inventories and more stimulus on the way provide the backdrop for potentially setting a new record for retail container imports in 2021. The National Retail Federation raised its outlook again for loaded containers landing at U.S. ports in the first half of the year.
Navistar reported a Q1 fiscal loss in its final earnings in 35 years as the public holding company for International Trucks and IC buses.
The Canadian government won’t say when enforcement of its ELD mandate will begin. But it won’t happen on day one. And it’s unclear when the first devices will get approval.
Seventeen Democratic House members introduced a bill to assure the Postal Service electrifies its delivery fleet. It could get Workhorse back in the game.
Less-than-truckload carrier Yellow Corp., like other LTLs, reports a weather-related falloff in February trends. However, industrial data continues to suggest this LTL freight recovery has legs.
The first Mack medium-duty trucks in nearly 20 years are finding favor with customers.
“We are solving meaningful business challenges with innovation and passion,” says GreyOrange Chief People Officer Ramya Sampath Sharma.
