USA Truck, MCO Transport, Millis Transfer latest to bump driver pay
Carriers are hoping to attract drivers with more pay and improved benefits.
Carriers are hoping to attract drivers with more pay and improved benefits.
The company’s chief retention officer said a far wider range of steps explains the company’s recent success on several fronts.
Carriers continue to push driver pay higher amid a capacity-constrained market to keep their equipment seated and on the road.
As first quarter earnings continue to be announced, FreightWaves takes a look at how truckload and LTL carriers stack up.
The truckload carrier’s OR went from in excess of 100% to 95.8%.
In today’s edition of The Daily Dash, a lawmaker would like to make COVID vaccines available at a truck stop chain; the future of trucking regulations; and why is trucking employment falling?
The trucking and logistics company gained from strong demand and tight supply.
In today’s edition of The Daily Dash, supply chain resiliency, digitization and trends were among the focus of the North American Supply Chain Summit on Tuesday. Plus, TravelCenters of America takes out a loan and more drivers might be failing drug and alcohol tests.
USA Truck will deploy Trucker Tools’ Smart Capacity solution, while Penske adds tracking solution as Trucker Tools continues to add large transportation partners to its platform.
In today’s edition of The Daily Dash, peak season could be among the most volatile in years if current data trends continue. Plus, grading the success of the president, and Amazon’s logistics network just keeps growing.
USA Truck’s third-quarter performance was something management had been foreshadowing for the last few quarters. They were adamant that earnings would improve if the market would cooperate.
USA Truck was able to use a favorable demand backdrop and very tight truck capacity to break a string of four consecutive quarterly losses.
Declines in Cass freight data continue to outpace the industry by a considerable margin. The firm sees improved results on the horizon.
In today’s edition of The Daily Dash, opposition to the federal excise tax ramps up efforts to suspend the tax, CSCMP honors Matthew Waller and drivers sound off on their employers.
Management from USA Truck provides upbeat commentary regarding the potential for significantly improved earnings as truckload fundamentals remain firm.
USA Truck’s second-quarter result comes in slightly ahead of expectations, but the carrier extends its losses to four consecutive quarters.
USA Truck continues to execute on its internal turnaround initiatives, but they have yet to bleed through and provide positive earnings results for the carrier.
Management says “tough pricing environment” muted operational efficiency initiatives.
Jason Bates will fill the vacant CFO role at Daseke after three years in the same role at USA Truck.
USA Truck’s shares fall after another earnings disappointment. New turnaround initiatives were quantified on the company’s conference call.