Chinese ecommerce behemoth JD.com is turning delivery schedules up a notch by introducing delivery drones in Indonesia and completing its first “government approved” drone delivery earlier this month.
Chris Henry, Program Manager, TCA Profitability Program Recently, Knight-Swift announced a 28% positive revision on their earnings guidance for Q4 2018. Details will be confirmed on January 29th when they release officially. However, this industry leader appears to have been one of many to report better than expected earnings to the street. With a current […]
Another competitive threat to the incumbents?
Covenant Transport (NASDAQ: CVTI) reported record revenue in the fourth quarter, beating analyst projections by $10.72 million. The company announced $272.3 million in total revenue, a 33.9% increase compared to the fourth quarter of 2017.
Port truck operators could potentially increase their wages by using a new service from NEXT that helps them run shorter runs and return to ports with empty containers. The company just secured $97 million in funding to help it expand.
Freight volumes coming into U.S. remain high in January, but delays and congestions turn trips to major marine terminals into ‘madhouse.’
Ashley Coker (PHOTO: JIM ALLEN/FREIGHTWAVES) In New Prime v. Oliveira, the U.S. Supreme Court issued a ruling that changes the way arbitration agreements will be handled in the trucking industry, especially when leased owner operators are involved. A driver operating as an independent contractor filed a class action lawsuit against New Prime, claiming that the […]
Heartland continues its strategy of being willing to walk away from revenue if it isn’t profitable and it is showing in the company’s operating ratio.
FMCSA Administrator Raymond Martinez wanted to “fast track” the HOS rules changes – but the government shutdown is in the way.
Top supply chain trends and Rhode Island collects more in toll revenue than it expected, plus the growing scooter logistics sector and more container checks.
There are numerous reasons why electric trucks may continue to take a backseat when private transportation fleets and for-hire carriers are developing their truck procurement strategies.
Bridgestone Europe is acquiring TomTom Telematics for €910 million, a definitive step towards bolstering its presence in the “mobility solutions” segment. This acquisition would provide Bridgestone the leverage to up-sell and cross-sell solutions to a broader customer base.
A company that’s been doing it, a company that says it’s going to be doing it and a company that is being affected by others doing it: that was the theme on three calls about precision railroading.
Ashley Coker 2017 DRIVER OF THE YEAR CONTESTS – AWARDS PRESENTATION. PROFESSIONAL TRUCK DRIVER AND BIG G EXPRESS, INC.’S STEPHEN RICHARDSON WAS DEEMED THE 2017 COMPANY DRIVER OF THE YEAR. (PHOTO: TCA) The Truckload Carriers Association announced the finalists for the 2018 Driver of the Year contests last week, recognizing both company drivers and owner […]
Regulators say a database designed to standardize and simplify training certification for new drivers will be ready on time next year.
The plan has reignited a debate about highway versus transit investment in Portland, a city that 45 years ago famously redirected money intended for a new freeway into the nation’s first light rail project.
Chris Henry, Program Manager, TCA Profitability Program (PHOTO: SHUTTERSTOCK) Recently, during a conversation with a TPP Best Practice Group member, he relayed his initial motivation for applying to the program. After almost a decade of continued growth, and the advantage of a smart operations team, his company’s Operating Ratio hadn’t budged, in fact it was […]
Shipping trends of 2019 are requiring established freight carriers to evolve their operational models. UPS is developing more super-hubs to facilitate growth through handling more high margin shipments.
The EIA becomes one of the first major forecasters to put a price per gallon estimate on what is going to happen to diesel prices when the new rule kicks in.
Class 8 truck orders dropped dramatically in both November and December, with orders dropping below deliveries in December.
