FreightWaves adds industry technology veteran Jeff Seibenhener to the roster of Market Experts. His Market Expert focus will be on trucking technology.
Also in the pickup: better tools for sleep apnea instruments in sleeper berths; does Buffet care about BNSF’ OR?
There’s been a flight to quality that has led some shippers and carriers out of the spot market, Fuller said.
The driver squeeze forced U.S. Xpress to shift resources from OTR to Dedicated. Still, it posted a healthy increase in its OR.
U.S. Xpress Enterprises recently announced the promotion of longtime employee Justin Harness from senior vice president of dedicated operations to chief marketing officer.
Tight capacity and soaring spot rates have more customers looking at dedicated capacity for coming year.
The truckload carrier is offering the Full Ride program to both recruit new drivers and retain the ones they have, paying full tuition at online Ashford.
After remaining flat in 2015-16, the average fleet fuel economy for the nation’s top fleets improved in 2017, according to research conducted by the North American Council for Freight Efficiency (NACFE).
U.S. Xpress placed an automated robocall to a driver, seeking to recruit him to join their company. The result? A lawsuit in federal court.
Using Driver iQ’s Q218 survey on driver recruitment and retention as a point of reference, Stifel Capital Markets hosted Lana Batts, Co-President of Driver iQ and Eric Fuller, President and CEO of U.S. Xpress, inc. to discuss driver recruitment and retention trends in 2018 and beyond.
Nikola Motor Company raised over $100 million in August, and the company’s CEO Trevor Milton expects its $200 million C round to be oversubscribed. Nikola boasts a $1.1 billion pre-money valuation.
Receipts from the June IPO allowed a significant reduction in debt while other initiatives cut its OR to the lowest level in years.
U.S. Xpress overhauled its management and its capitalization to get to the public markets.
U.S. Xpress goes public; retail sales numbers explode for May; BNSF seeks positive train control delay; Brussels airport goes to blockchain for air cargo management; American LNG exports expected to benefit the entire economy.
U.S. Xpress is profitable on an operating basis, but a heavy debt burden will be reduced in the recapitalization of the company.
UPS is asking for inclusion of part-time drivers to make Sunday deliveries and also to allow use of personal vehicles in its latest demands in contract negotiations with the Teamsters, according to reports.
The myth of the 10-mpg truck has been proven wrong thanks to a group of seven drivers with seven differently equipped tractor-trailers driving for seven different companies.
Seven fleets will participate in the North American Council for Freight Efficiency’s Run on Less program to showcase the benefits of fuel-saving technologies.
As the next generation of the Fuller and Quinn families take on leadership roles of U.S. Xpress, data is becoming more important than ever. Eric Fuller, who succeeds his father Max as CEO, says that technology is poised to change the industry in ways never before imagined.
Amazingly, there’s one area of the country where more than 80% of the nation’s freight travels through on its way to its final destination. It’s not Chicago, New York or Dallas. It’s not even in the center of the U.S. Meet Freight Alley.
