Celadon’s outlook receives a boost
Celadon’s turnaround gets a shot in the arm with a new three-year financing agreement.
Celadon’s turnaround gets a shot in the arm with a new three-year financing agreement.
Hub Group believes “soft” intermodal volumes will begin to flatten out and that the 2019 peak shipping season will be similar to that of 2017.
Hub Group sees record earnings despite a “softening demand environment” and “increased truckload and intermodal competition.”
eBay’s Managed Delivery will outsource warehousing, transport, and packaging services.
Canadian transportation firm reports a 13 percent increase in net income, helped in part by improved performance from its U.S. truckload businesses.
sennder has now raised nearly €100 million this year across two rounds of funding.
Sandeep Kar has written a thought-provoking article about changes in trucks and how those changes affect truck drivers. He also writes about what the future may hold for truck drivers in the coming years.
The Cass Freight Index Report offers two questions. “Has economic contraction already begun? Will GDP be negative in Q2?”
Bascome Majors says contract rates will be under downward pressure for the rest of the year, but spot rates may have already turned up.
Loadsmart, a digital freight brokerage, today announced a collaboration to provide Oracle Logistics Cloud customers instantly bookable truckload rates and guaranteed capacity from its network of carriers directly in Oracle Transportation Management (OTM) Cloud. Fortune 500 customers such as Kraft-Heinz and The Coca-Cola Company can now leverage Loadsmart’s dynamic routing guide technology within the OTM […]
Two large private carriers are set to combine in a $2 billion deal that rebalances the food and beverage distribution landscape.
Charley Dehoney has written about the growth of digital freight brokerages and what they bring to the market and the industry.
Celadon Group announces a credit facility amendment which extends the maturity date and increases lending capacity.
Transport honchos see better times in 2nd half–maybe
Eroding fundamentals in the truckload carrier market have led analysts to lower their earnings estimates for the carriers they cover.
The report showed further deceleration in the freight markets in May and warns an economic contraction could be underway.
The truckload spot market experienced another month of softness in May, confirming recent commentary that normal seasonality isn’t taking shape.
Truckload carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows.
Landstar announced that it may not be able to meet the low-end of its guidance range as truckload spot market fundamentals remain weak.
A.L.A. Trucking’s 41 drivers and 15 other employees will lose their jobs in the layoff, owner Alan Adams confirmed late Wednesday night.