Trucking

Data shows an industry that struggled, like the rest of the trucking market

Fleet Advantage offers book value cash and leasebacks to help trucking companies weather the economic crisis while banking on selling them new trucks down the road.

Pennsylvania Turnpike cites surge in e-commerce as a factor.

Panel of importers and exporters will advise the U.S. Federal Maritime Commission on policies of competitiveness, reliability, integrity and fairness in ocean shipping.

Also on this week’s show: the tremendous rise in diesel inventories.

Pharmaceutical supply chains are becoming increasingly complex as the path from production to consumption isn’t as linear as one may think.

As car manufacturers resume production, the trickle-down effect may breathe new life into the hard-hit auto hauling industry.

Digital freight matching has pushed the industry to adapt.

Abduvosit Razikov, chief executive of DM World, who was individually named in the breach-of-contract lawsuit, isn’t new to the trucking industry, having started at least four companies in Florida since 2008.

U.S. Federal Maritime Commissioner Rebecca Dye said Fact Finding 29’s work will help the American ocean shipping industry better prepare the supply chain for the post-virus economic recovery.

FourKites has announced several new features, including paperless document transfer and communication tools, to enhance worker safety, improve shipment tracking, and speed payment processes.

The most recent court filings are part of the U.S. Bankruptcy Court for the District of Delaware hearings for trucking company Celadon Group, which filed for Chapter 11 bankruptcy on Dec. 9.

Expanded services come as the coronavirus outbreak accelerates demand for e-commerce fulfillment

Funds from the Paycheck Protection Program has allowed some fleets to remain in business despite low rates, but as the program ends, some companies may not survive and capacity will tighten as a result and rates will rise.

Agriculture Transportation Coalition hears pandemic’s effect on global movement of goods

The fourth quarter of 2020 or the first quarter of 2021 might be when the intermodal sector will see some volume growth. But truck capacity, fuel pricing and pandemic uncertainties make a recovery hard to pin down.

Fleet management solutions provider also raises $400 million in equity to help sustain operations during coronavirus downturn

One manufacturer’s decision to erase 10,000 Class 8 trucks from its build plan threw the industry into negative territory in April; experts expect scant improvement in May.

Recently, a longtime employee of a local car dealership was terminated, allegedly due to a dispute with a co-worker and a subsequent failure to appear at work, showing once again that employers should be careful in handling employment termination decisions which effect those in a protected class.

At Wolfe conference, Home Depot said it is still counting on the carrier