Toyota Motor has been testing a Class 8 hydrogen fuel cell truck in port operations in California, but yesterday it took that program to the next level with introduction of Version 2 of the truck with more range and other features.
Cashflow Corner presented by TriumphPay …When it comes time to replace tires, whether they are on the tractor or the trailer, more fleets are turning to retreads as a cost-effective alternative to new tires.
All of the metrics were strongly positive, but the CEO expressed disappointment with two of its main activities, automotive and dedicated
An attorney speaks on the case of a driver fired after objecting to driving a truck he considered unsafe. His award didn’t even reach $5,000.
New research is underway regarding one of the transportation industry’s most prevalent concerns: the lack of safe and available parking.
The U.S. truckload operations of TFI are mostly at CFI and Truckload America, and both had stronger quarters.
A driver was fired after objecting to driving a truck he considered unsafe. His award didn’t even reach $5,000.
FreightWaves spoke to GlobalTranz Chairman and CEO Bob Farrell about what made the tech-oriented 3PL attractive to The Jordan Company, the outlook for the current M&A environment, and staying disciplined in a period of “stupid multiples.”
USA Truck had an aggressive plan to add trucks to its fleet, but delays at the OEMs are falling short of the targets.
The Environmental Protection Agency reversed Former EPA Administrator Scott Pruitt’s July 6 decision to give glider kit manufacturers relief from a key limitation after fierce push back from environmentalists.
It’s the first time LTL carrier Old Dominion has ever posted an OR under 80, even as it added more than 900 new employees.
The asset light logistics provider had financial records across the board and in a driver squeeze, added capacity.
Covenant Transportation Group (NASDAQ: CVTI) reported a total revenue jump of 19.5 percent to $196.3 million in the second quarter of 2018 during its earnings call Thursday. The company also posted a 17.2 percent increase in freight revenue to $170.6 million year-over-year.
The asset-light expedited LTL carrier posted strong volume and yield growth, and is tacking on intermodal businesses by M&A, but playing catch up with its truckload brokerage.
Used truck prices in June were changed little month-over-month, but posted a 15% increase over June 2017, according to ACT Research.
The 3PL company saw its revenue climb in both its key units, with its services in demand in a tight market.
Knight-Swift Transportation Holdings (NYSE: KNX) reported revenue growth and rising income across much of the company, with the notable exception of Swift’s refrigerated segment, during its second quarter 2018 earnings call.
Rush Enterprises posted an increase in second-quarter revenue buoyed by strong used-truck sales and significant growth in its aftermarket business, which accounts for 64.8% of the company’s gross profits.
UPS reported strong revenue supported by pricing and targeted growth initiatives during its second quarter earnings call Wednesday. Adjusted earnings per share climbed 23 percent to $1.94, and total revenue was up nearly 10 percent.
Growth in its dedicated and ChoiceLease programs drove a strong second quarter for Ryder System (NYSE: R), helping the leasing and rental giant surpass earnings expectations for the second straight quarter.
