Port Report: Drayage takes breather from 2018 surge, but risks of another crunch remain
While tariff fight may not repeat itself, other factors that lead to drayage capacity crisis still in play for shippers this year.
While tariff fight may not repeat itself, other factors that lead to drayage capacity crisis still in play for shippers this year.
FedEx Freight, J.B. Hunt, Schneider National among companies with the most non-preventable accidents identified so far by FMCSA.
Covenant Transport is the first enterprise carrier to lower guidance for Q1 on a numbers of headwinds, none of which are macroeconomic—yet.
The transportation giant will be using cloud-based software applications Load Track and Smart Capacity to improve its processes and make working with Schneider’s logistics division as seamless as possible for carriers and drivers.
Not a gangbusters quarter for Saia or Schneider. But the numbers were strong for both and Merrill Lynch thinks the Schneider stock is undervalued.
Everyone knew the quarter was weaker than it had been. The question is how much. Stock prices have reflected a significant slowdown.
Since its founding in 1935, Schneider has only known three leaders: founder Al Schneider, his son Don Schneider, and Chris Lofgren, the first non-family member to lead the company. Come April 2019, you can add the name Mark Rourke to that list.
Optimal Dynamics uses AI and machine learning to assist fleets in finding loads a few days into the future, which would help carriers get ahead of their competition, as they could plan their network flow further in advance than usual.
Incoming CEO Rourke brings experience in driver training, account management and truckload services.
Intermodal has attracted more freight thanks to tight truck markets, but growth rates will moderate.
Jim Filter of Schneider says he’s seeing benefits from CSX paring back its footprint and focusing on a smaller range of lanes.
Schneider National has a Crisis Communications Team that is responsible for planning the safety of employees, equipment and customer freight during hurricanes and other adverse weather situations. Here is some of what they have learned.
We visualized the performance metrics of the publicly-traded truckload carriers over the past six quarters, using TCA InGauge’s data.
Schneider National became the latest carrier to announce that it has benefited financially from the strong pricing and capacity squeeze when it announced its second-quarter operating revenues were up 15% year-over-year.
Schneider National’s Shaleen Devgun joins San Francisco-based venture capital firm 8VC as an advisor. FreightWaves spoke to Devgun and 8VC co-founder and partner Jake Medwell by phone.
The year 2018 is shaping up as one not seen in trucking in more than a decade, explained Chris Lofgren, CEO of Schneider National, on the company’s earnings call on Thursday morning.