Old Dominion not changing course as downturn lingers
Less-than-truckload carrier Old Dominion Freight Line is sticking with its playbook as the freight downturn enters a fourth year.
Less-than-truckload carrier Old Dominion Freight Line is sticking with its playbook as the freight downturn enters a fourth year.
An announced pay increase at Averitt might signal some acceleration in driver pay levels.
Werner’s year-on-year comps were tough, but it performed better sequentially in the second quarter.
Old Dominion Freight Line reported a modest earnings miss for the second quarter on Wednesday as volume declines were only partially offset by higher yields.
A Ceva Logistics truckload with millions of dollars worth of electronics from Apple and other manufacturers was stolen in Reno, Nevada.
ArcBest missed analysts’ expectations for the second quarter.
Indian Creek Express has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Colorado.
Spot broker Landstar System pointed to some positive signs after the market closed on Tuesday but noted that the truckload market largely remains challenging.
Motor carriers tell regulators that streamlining safety rules will eliminate unnecessary work.
First Look: Werner’s bottom line numbers for the quarter were impacted by its big win in a nuclear verdict case.
Allianz Commercial’s annual Safety and Shipping Review has found that cargo theft is increasing in frequency, scope, and sophistication.
UPS’s stock price slid Tuesday after it reported lower parcel volumes and difficulty cutting costs as it works to right-size its delivery network.
The sequential numbers at TFI in the second quarter were taken as positive by the investment community.
Key metrics are down at TFI but Bedard, in earnings call, touts higher margin.
OneCompass Holdings announced it is acquiring Koleaseco, Inc. and plans to operate the fleet under another portfolio company, Hyway Trucking.
Flexport is selling the Convy tech stack to DAT, less than two years after it bought it from the defunct digital brokerage.
The Teamsters union says the UPS offer to buy out delivery drivers from their contract is a slap in the face.
Volvo Trucks North America tested its all-new Volvo VNL on a 3,000-mile road trip from Colorado to Alaska, enduring minus 40 F temperatures in Fairbanks. The extreme cold-weather program validates performance, reliability and comfort through real-world scenarios.
This week in Borderlands: Experts say US Tariffs negatively impact businesses, consumers; CTPAT Informational Conference draws over 400 in Laredo; and TP Trucking and Logistics opens transload facility in Texas.
Pamt Corp. booked another net loss in the second quarter with its truckload unit recording a 112.5% operating ratio.