Another truckload carrier with strong Q1 earnings: USA Truck
The truckload carrier’s OR went from in excess of 100% to 95.8%.
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.
Tune into a fireside chat with USA Truck’s George Henry and Prasad Gollapalli, founder and CEO of Trucker Tools. Listeners will learn from USA Truck’s experience as it launched into its technology journey with Trucker Tools, lessons being learned, and best practices to follow in designing and executing a best-in-class technology strategy while keeping the business running and avoiding being left on the shoulder of the technology transformation highway.
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.