Fuel price surge pushes cost of running empty higher
Higher diesel prices also mean higher costs for empty miles.
Higher diesel prices also mean higher costs for empty miles.
As the federal government begins prioritizing EV infrastructure, trucking fleets and stakeholders need to stay abreast of changes at the intersection of industry and climate initiatives.
Truckload carriers continue to pay up for drivers. Dry van carrier Cargo Transporters announced another increase to its pay package.
U.S. Xpress expects freight demand to stay strong in the first half of 2022. The trajectory from there could hinge on inflation.
USA Truck beats fourth-quarter expectations and plans to grow revenue through expanding capacity east of Interstate 35 and doubling logistics business.
USA Truck Inc. rode a robust freight and pricing market to revenue of $200.9 million and earnings per share of $1.38 during the fourth quarter.
Nearly a year and a half into a tight truck market and carriers continue to raise driver wages. Midwest Carriers and CFI are the latest to announce increases.
Truckload carriers have been raising pay for 18 months now to meet heightened demand. But when this trucking cycle cools, don’t expect wages to follow in lockstep.
Covenant Logistics Group said revenue for the second half of 2022 could be impacted by wage pressures and higher equipment and over-the-road repair costs.
The Chattanooga, Tennessee-based truckload carrier said the outlook is for continued operational progress during 2022.
Heartland Express announced 2021 was its best year since going public. Fourth-quarter results were in line with consensus.
KLLM Transport Services is the latest carrier to announce a historic pay increase for drivers.
For years, the industry has asked for the ability to expand its driver workforce. FMCSA’s apprenticeship program is that opportunity, and now is time to jump on this opportunity.
J.B. Hunt Transport announced that eligible drivers and maintenance techs received nearly $10 million in appreciation bonuses on Friday.
AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.
ATRI research on truck driver motivations and satisfaction The American Transportation Research Institute released results on its analysis on what motivates truck drivers to become company drivers or owner-operators/independent contractors (OO/IC). The data came from over 2,000 drivers, two-thirds of whom are OO/IC, and includes additional analysis on compensation models and driver satisfaction. Quick rundown […]
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.
Truckload carrier U.S. Xpress expects a hot freight market to carry through the end of the year but cautions consumer headwinds are mounting.
A rule requiring vaccines for employees, or weekly testing for workers declining vaccination, at companies with staff of 100 or more gets emergency stay.
AskWaves takes a look at which rate-per-mile metrics to use out of the information public carriers disclose quarterly.