CEO predicts Variant will drive USX sequential financial growth by Q1
During a Stephens conference presentation before investors, CEO Fuller also discussed the unique driver retention tool at Variant called the “squad.”
During a Stephens conference presentation before investors, CEO Fuller also discussed the unique driver retention tool at Variant called the “squad.”
Also on the podcast: OPEC+ surprises with more oil in January.
If the rise in truck transportation costs between September and October continued for 12 months, it would translate to an increase of more than 40%.
A union and a trucking company serving the Port of Vancouver reached a tentative agreement to give container drivers benefits and increased pay, averting a strike.
Overwhelmingly small business-based trucking takes a pandemic hit but still dominates freight movement in 2020.
Jose Minarro of Sunset Transportation chats with Reliance Partners’ Mark Vickers on why Mexican cargo insurance is a must-have for shippers.
In an unusual move, the Washington trade group is turning to somebody from outside the Capitol lobbying ecosystem.
A business owner and one of his employees are accused of stealing almost $1 million worth of tractor-trailers and wooden pallets for their pallet supplier company in central Florida.
The top executive’s departure comes as the carrier struggles to efficiently process an avalanche of holiday traffic.
Intraquarter updates from less-than-truckload carriers show record third-quarter operating conditions have continued through the first two months of the fourth quarter.
The company plans to recruit would-be entrepreneurs to provide trucking services in five countries, according to The Information.
In an industry reeling from early retirements and halted driving school programs, an effective strategy for recruiting and retaining drivers is more important than ever.
Ashley Furniture has acquired Wilson Logistics, which provides asset-based third-party logistics services with a fleet of more than 1,200 trucks.
An Office of Inspector General report said a shortage of commercial truck drivers may compromise the Postal Service’s surface transport capability.
A Louisiana trucker was recently sentenced to nearly six years in prison for drug trafficking. Rusty Ross Honore received a PPP loan two months after he was arrested by the feds in Dec. 2020.
The former CFO of Roadrunner Transportation Systems was sentenced to two years in prison for his role in a complex securities and accounting fraud scheme on Tuesday.
Merchants Fleet is looking to expand access to information on fleet electrification, introducing a central hub of tools and research.
Expanding applications of its molded structural composite trailer bodies, Wabash is looking to the grocery delivery business as a new market.
General rate increases for less-than-truckload shipments not under contract are rolling in ahead of schedule and are a little higher than normal.
The regional parcel delivery carrier becomes the private equity firm’s 10th “logistics and infrastructure services” investment.
Using a combination of the Safety Management Cycle and the 5 Why’s helps fleets identify the root cause and eventually end patterns of FMCSA violations.
One notable number in the report: intermodal brokerage had a tough quarter.
Retail inventories jump ahead of the holiday buying season but the need for restocking will extend well into 2022, which bodes well for freight demand.
Drivers at one of two Port of Vancouver trucking companies facing a strike have reached a tentative agreement with their carrier.
The investigation makes progress after between 300 and 400 parcels were found in a wooded ravine last week.
While automation offers the quickest path to increased efficiency, many companies are held down by slow-to-adapt legacy operations or siloed solutions.
Federal regulators are keeping in place a work-hour exemption giving truck drivers more time to haul pandemic-related freight.
President of PGT Trucking said the load-matching trend doesn’t adequately respond to today’s supply chain constraints, driver shortage and polluted environment.
Daimler Truck estimates the revenue loss from a persistent shortage of microchips will cost billions in lost revenue.
Before its two-truck autonomous convoys hit the road in 2022, startup Locomation points to a scientific study validating its approach.
“This is the largest amount of funding that has been dedicated to building a complete business management solution for trucking entrepreneurs and we are excited to be leading the charge here,” says CloudTrucks CEO Tobenna Arodiogbu.
Lockheed Martin spent months planning how it would safely transport the nation’s latest weather satellite.
The owner of a small Delaware-based trucking company described his driver, who was recently arrested and charged with holding a woman captive in his truck for nearly eight months, as “religious” and “a nice guy.”
Werner Enterprises triples the size of its final-mile offering with the addition of Northeast-based Nehds Logistics.
Container truckers at two carriers serving the Port of Vancouver are set to go on strike Friday over benefits and detention pay.
Southern California ports and private operators are using carrots and sticks to help eliminate a massive pileup of cargo.
Third-party logistics provider Transport Investments Inc. has acquired a majority stake in specialty freight brokerages US Logistics and Nationwide Logistics.
South Carolina and Ohio appear to be taking the most significant steps in conjunction with the release of the governors’ call for less regulation.
The sight of an armada of ships off the California coast garners much attention, but shippers should instead focus inland to digitize their driver networks.
Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.
Innovation and investment are the watchwords at the Georgia Ports Authority, where officials are rushing to deal with supply chain constraints.
TFI International expands its U.S. temperature-controlled business with the acquisition of Missouri trucking firm D&D Sexton.
Andy Owens, a member of the Southwest Oregon Workforce Investment Board, explains how trucking can gain strong support at the local level.
“I wanted to find a way to reduce emissions that was nonregulatory and allowed shippers to select carriers based on operational efficiency [and] price,” says Eric Beckwitt, Freightera founder and CEO.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: New customs requirements for Mexico shipments begin Wednesday; Samsung announces $17B semiconductor plant in Texas; Great Lakes Dredge & Dock secures $92M contract for Houston Ship Channel; and Truck driver charged in record-breaking border drug seizure.
This week: CMA CGM donates 12,000 turkeys, Gopuff donates $100,000 to fight food insecurity and supports rapper Quavo’s turkey drive, and SC Ports’ employees donate their Thanksgiving gift cards to a local food bank.
The decline is far from the largest percentage-wise, but raises the question of what will be the retail reaction.
Through noon ET, U.S. shoppers have spent 7% more than they did on 2020’s Black Friday.
The latest hours-of-service waiver is set to expire on Christmas Eve.
Nikola’s founder sells another large chunk of his holdings in the electric truck startup that wants him to reimburse an expected $125 million SEC fine.
Also on the podcast: What the release of oil from the Strategic Petroleum Reserve means.
The owner of a tanker testing and repair company has been sentenced for lying to OSHA about an illegal repair to a fuel tanker that resulted in an explosion that severely injured him and another worker.
A 73-year-old woman was killed in Mount Pleasant, Texas, after her vehicle collided with a truck carrying a nearly 200,000-pound load in 2016.
Canadian and Mexican truckers will reportedly need to be vaccinated against COVID-19 to cross U.S. borders starting Jan. 22 amid fears of significant disruption to the supply chain.
Canadian transportation and logistics firm Manitoulin Group expands in western Canada with acquisitions of Diamond Delivery and First Canadian Messenger.
Several forecasts that look into 2022’s supply-and-demand balance see a market more favorable to oil consumers than that of 2021.
B-Stock Solutions CEO Howard Rosenberg shares a sustainable avenue for retailers to get rid of overstock, late or unsold seasonal goods.
Despite reports that congestion issues are easing on the water at California’s major ports, drayage truckers claim this isn’t the case for them as efficiency issues continue to plague terminal operators.
Trucking companies received an unexpected boost to their income statements in 2020 but inflation clouds loom.
Fleets and individual truckers buying at today’s elevated prices
assume a big risk when the used equipment market normalizes.
Yellow Corp. President Darrel Harris has filled the company’s vacant chief operating officer role.
TCA and DriverReach will hold a fourth session of the popular Making Safety Happen program for fleet professionals.
PAM has long been known as a company that depends heavily on the auto industry. But that sector is making up less of its business these days.
Cargo is moving a bit more smoothly at the Southern California ports, giving officials reason to hold off assessing stiff storage fees.
On this episode of Net-Zero Carbon, Tyler Cole, director of carbon intelligence at FreightWaves, chats with Desiree Wood, founder and president of REAL Women in Trucking, about truck driver issues and what motivates her work. “I became an advocate by necessity — partly from self-preservation, but partly because I could see the drivers had few […]
Fired Peterbilt worker who raised plant safety issues during first COVID wave is due back pay and damages, Labor Department says.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Could Austin-San Antonio region be the next Freight Alley?; Texas industrial park expands railcar and logistics services; US exports of potatoes to Mexico, Canada continue to surge; $53M worth of cocaine, meth and marijuana seized in Laredo. […]
The clock is ticking for truckers to upgrade or replace their third-generation (3G)-reliant ELDs — or face possible hours-of-service violations — as major cellular providers move to 5G network services in 2022.
It is well known that desperation breeds innovation, and many across the logistics industry have certainly found themselves desperate for capacity this year.
The union must now negotiate a contract with XPO, a process that can take a long time.
President Biden intends to replace Postal Service governors in a move aimed at ousting Postmaster General Louis DeJoy, according to reports.
U.S. truck drivers will need to be vaccinated against COVID-19 to enter Canada starting in January as an industry group warns of a “perfect storm” for the cross-border supply chain.
J.B. Hunt announced it has launched a new transload service in the New York metro area to address network congestion.
Reliance Partners’ Mark Vickers chats with Redwood Logistics’ Troy Ryley on how shippers can best protect themselves against cross-border risks.
FedEx is forecasting a 10% increase in package deliveries during the holiday shipping season.
He had a dream, 153 bucks and a decent supply of doughnuts. Mild-mannered furniture truck driver Edward Durr may not leap the New Jersey State House in a single bound, but his stunning Senate win ensures he’ll bring a new perspective to Trenton.
Unvaccinated Canadian truck drivers contemplate whether to get COVID-19 vaccine ahead of U.S. border mandate amid fears thousands won’t.
Air and ocean asset-light logistics provider STG has acquired International Warehouse Services.
CalTrans is boosting the weight limit for port truckers. The regulatory change was made with good intentions, but can it work?
Private ownership would allow Echo to accelerate M&A and technology investments.
Fleet management company Merchants Fleet has reserved 5,400 of the EV410, a small electric cargo and utility vehicle being developed by BrightDrop.
CEO Michelle Halkerston steps through Hassett Logistics’ leadership qualities that kept its network active in times of adversity.
A decisive lead in the east and victories in the central and southern regions set the table for a landslide victory.
Green bonds are designed to help companies fund environmentally sustainable projects that often have higher upfront costs.
Truck drivers who started in their 50s and 60s share how they got into the industry, along with their experiences on the road.
The firebrand leader holds a strong early advantage in an election in which about 15% of members cast ballots.
The unit plans to add facilities in the Netherlands, Germany and Mira Loma, California.
Truckload carrier U.S. Xpress expects a hot freight market to carry through the end of the year but cautions consumer headwinds are mounting.
The Nikola founder fails in the bid to get his fraud trial moved out of New York to Arizona or Utah, where his wife is ill.
Difficult application processes — including long forms and cluttered websites — tend to dissuade drivers from applying at all. In a field with more open positions than people to fill them, carriers cannot afford to lose a driver’s attention over an archaic application form.
Volatile prices for steel and components lead trailer makers to make pricing a last-minute decision.
A drop in traffic because of the pandemic appears to have been a one-shot that made the market less difficult for underwriters.
One of the three new investors, D1, already has significant investments in logistics.
FMCSA has approved 92,000 new motor carrier applications through October, smashing 2020’s full-year record.
SCOTUS’ request for input on the CTA case suggests it is interested in the question of state versus federal preemption, and trucking attorneys are happy as a result.
October data from Cass shows supply chain bottlenecks and capacity shortages continue to subdue shipment growth. However, the condition led to another jump in rates.
SCOTUS is calling on the Biden administration to weigh in on the legal issues.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s automotive production hits 9-year low; Amazon begins hiring for El Paso fulfillment center; Port Houston appoints first chief business equity officer; and new Arizona distribution center to support e-commerce growth.
This week: Central States Mfg. donates wreaths for veteran nonprofit, OOIDA kicks off “Truckers for Troops”, Love’s raises funds for veterans with specialty tumblers and XPO’s CEO challenges the company to hire more active and veteran military employees.
AskWaves: The behemoths ordinarily shouldn’t be concerned about a national delivery network forged out of the OnTrac-LaserShip merger. But these are not ordinary times.