U.S. Xpress brings on the team at MIT to study greater efficiency. A member of that team discusses the program’s activities in this podcast.
One perspective: Dwell is like “chunky peanut butter”
Between drug clearinghouse and shut CDL schools, Fuller sees far fewer eligible drivers in the market
A driver shortage worsened by the coronavirus pandemic and failed drug tests topped the American Transportation Research Institute’s list of critical issues in the trucking industry for the fourth consecutive year.
OR improved for the company; on analyst call, Fuller says there will be bumps in the road on the way to a new operating model.
Q3 performance contrasts with loss in corresponding quarter last year
Data and commentary point to an earnings blowout for trucking companies in the third quarter with the likelihood of similar results in the fourth quarter. However, headwinds surrounding driver recruitment and retention present a hurdle to the rally.
Carriers, logistics businesses and technology providers make the cut in 2020.
U.S. Xpress’ industry forecast calls for the truckload market to experience high driver turnover, declining capacity and “overwhelming” volumes through 2021.
With many data points sitting at cycle highs, several industry participants are calling for the trucking market’s bull rally to last well into 2021.
Tightening truckload and intermodal markets have carriers expecting the hot freight market to carry forward. One carrier is calling for large rate increases in 2021.
Major trucking companies have warned of capacity shakeout.
“We want to be one of the leaders, one of the innovators.”
Trucking company cites benefits from new digital technology as key reason; gain in one key OR from the first quarter is 500 basis points
TuSimple has launched an Autonomous Freight Network with UPS, Penske, U.S. Xpress and McLane Co.
Recent stabilization in truckload markets with a recovery expected later in the year were some of the takeaways from Wolfe Research’s investor conference.
Carriers shift to road experience as entry-level applications drop off.
Today, Andrew and Kevin discuss first-quarter earnings before FreightWaves Lead Economist Anthony Smith makes an appearance to chat about unemployment. As always, thanks to CarrierDirect for their research contributions.
Truckload and transportation companies talk freight markets ahead of reopening with some calling a market bottom in April as spot rates remain below breakeven.
Freight haulers across transport modes join effort to raise awareness.
