J.B. Hunt a bit more upbeat
J.B. Hunt provided a slightly more positive outlook at an investor conference on Wednesday.
J.B. Hunt provided a slightly more positive outlook at an investor conference on Wednesday.
A small group of New Jersey workers at a division of Werner has voted to be represented by a union, a first for the giant truckload carrier.
Werner has filed an appeal to Texas’ highest court of a verdict that now has a more than $100 million price tag.
On Thursday, self-driving trucking company Kodiak Robotics and Pilot Co. opened their first truckport for autonomous vehicles at the Pilot Travel Center in Villa Rica, Georgia. According to the news release, the truckport will be used by Kodiak to launch and land its autonomous trucks and serve as a hub for drivers to pick and drop off loads for first- and last-mile deliveries.
Werner Enterprises’ CEO said Tuesday that the worst of the cycle is in the rearview and that he will remember which shippers stood by the company during the recent freight recession.
Two suspects were killed after a truck driver for Werner Enterprises was taken hostage while parked in his rig at an Ohio truck stop early Wednesday.
Werner Enterprises reported an earnings miss for the second quarter on Thursday after the market closed.
FMCSA puts unfair burdens on truck drivers and carriers in accident reporting, the agency is told.
A 5-year-old judgment against Werner has been upheld on appeal by a Texas court, with the amount now standing at more than $100 million.
Werner Enterprises reported first quarter revenue of $832.7 million, up 9% year over year compared to the same period last year.
Once dismissed as a far-off technology, hydrogen fuel cells and infrastructure are getting buzz at the Advanced Clean Transportation Expo.
Increasingly volatile weather threatens safety and efficiency throughout transportation. Tomorrow.io’s weather intelligence is finally allowing teams to focus on drivers, not manual weather monitoring.
Knight-Swift’s David Jackson and fellow trucking executives sound off on regulations and the economy at TCA’s annual meeting.
Werner Enterprises announced Thursday that Christopher Wikoff will succeed John Steele as the company’s chief financial officer.
Management from Werner Enterprises parses through 2023 expectations on a Tuesday evening call with analysts.
On Tuesday, FreightWaves interviewed Werner Chief Information Officer Daragh Mahon about the company’s recent partnership with Samsara, diving into how AI and updated legacy systems are transforming Werner’s 8,500-truck fleet.
This week: J.B. Hunt is inducted into the philanthropic society of a Texas cancer center, NFI helps Girl Scouts earn their Transportation Badge and Werner continues to wear red to support a military nonprofit.
Big numbers tied to electric infrastructure released this week reinforce the chicken-and-egg cliche about electric trucks.
The approach of Cummins Inc. to hydrogen-fueled internal combustion engines is very different from how and when it talks about most of its products.
Los responsables de las empresas de transporte hablan de los próximos meses en la conferencia de inversionistas de Baird
Trucking executives are hopeful the first half of 2023 brings a cycle recovery.
El corredor de Tampa, Florida, generó 372 millones de dólares de ingresos en el último año.
Werner Enterprises announced the acquisition of freight broker ReedTMS Logistics for $112.4 million. The deal also included a small dedicated carrier.
Werner Enterprises has built a model to perform on the downside of the cycle. Management believes the carrier may be better positioned to do so than in the past.
A la FMCSA le preocupa que las luces pulsantes puedan distraer a los automovilistas
Federal regulators say there is not enough data to justify an exemption for pulsing brake lights on trucks
Werner Enterprises announced its third acquisition since last summer on Monday, adding Baylor Trucking to its one-way operation at an undisclosed price.
Kodiak Robotics and Werner Enterprises completed a 152-hour autonomous freight trucking pilot between Dallas and Lake City, Florida.
Management teams from a couple of the nation’s largest fleets share their thoughts on peak season and rates during an investor conference.
Werner Enterprises is sure enough of the Cummins hydrogen-powered X15H internal combustion engine engine that it ordered 500 of them.
DOT officials are calling the start of data sharing among supply chain companies a ‘milestone’ event.
Werner reported revenue of $836 million in the quarter and sees a strong “pipeline” of demand from customers for the remainder of the year.
Los recorridos en Texas con camiones supervisados para el gigante de las flotas comienzan esta semana
Schneider is joining fleets testing highway autonomy, starting commercial pilots in supervised Aurora Innovation trucks this week.
The transportation and logistics industry is still dealing with the residual effects of the pandemic, including accelerated technological advances, a tough labor market and an inconsistent supply chain.
With security breaches on the rise, companies across the industry realize that their current strategies are not doing enough to safeguard their systems, files and data.
Werner’s senior vice president discusses how technology impacts brokers and truck drivers during FreightWaves’ Small Fleet & Owner-Operator Summit.
In its third deal this year, autonomous driving provider Aurora has an agreement with Covenant to “explore ways to optimize” long-haul operations.
Werner Enterprises continues to see solid contractual rate increases. However, it warned that newly minted carriers dependent on the spot market are likely in trouble.
‘Creo que el lavado será severo’
Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.
Concerns on declining demand and falling freight rates prompted Bank of America to issue ratings downgrades for multiple transportation stocks.
Con un tercer socio, el transportista apuesta por la tecnología para paliar la escasez de conductores
U.S. Xpress is tripling down on autonomy, adding Kodiak Robotics to pilots with Embark Trucks and TuSimple.
Ever willing to try something new, Werner Enterprises teams aligns with Aurora Innovation on 600-mile supervised autonomous freight runs in Texas.
Werner Enterprises asserts that a five-year waiver affecting its driver trainees will fill cab seats and improve safety.
With Daimler Truck already on board, Platform Science adds Navistar as the second manufacturer to factory install its open-source telematics.
Traton Group is still focused on battery power for trucks but tossed a bone to hydrogen in raising its electrification spending to about $3 billion by 2026.
This week: CMA CGM supports World Wildlife Fund tiger exhibit in Singapore, Werner releases details of its resource groups, and Forbes has a number of transportation and logistics companies on its best large employer list.
Cloud-based solutions – think Uber and Airbnb – have quickly overtaken their more traditional competitors in other industries. In time, a similar trend will likely be observed in transportation and logistics.
Cummins takes sole ownership of the natural gas joint venture as it moves to a new onboard storage partnership with Rush Enterprises’ Momentum Fuels.
Werner Enterprises beat fourth-quarter expectations and announced plans to grow revenue by 10% on average over the next five years.
Truckload operator Werner Enterprises is an early evaluator of the latest powertrain technologies, including a hydrogen-powered Cummins engine.
This week: Werner launches its cookbook, Women in Trucking offers ideas for safer training programs and UPS donates $1.25 million to advance underrepresented entrepreneurs.
Trucking trends of 2021: Buying growth, expanding capabilities It’s the end of the year and for the trucking industry, disruption, record profits and new opportunities are all major themes to […]
Charges against its chairman did not implicate the truckload carrier itself.
Las transacciones se remontan a 2007; Clarence Werner
autodenunció las infracciones
Several asset-based carriers changed their course through M&A in 2021.
AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.
In today’s newsletter: Enterprise carriers race to innovate; Component shortage delays electric vehicles; ATRI top truck bottlenecks of 2021. Enterprise carriers race to innovate by embracing new technologies and partnerships […]
Difficulties finding trailers is starting to rival the effects of the driver shortage at the nation’s largest fleets.
Werner Enterprises triples the size of its final-mile offering with the addition of Northeast-based Nehds Logistics.
Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.
Truckload carriers booked record gains on the sale of revenue equipment during the third quarter but the profits shouldn’t be viewed as artificial earnings.
A rule requiring vaccines for employees, or weekly testing for workers declining vaccination, at companies with staff of 100 or more gets emergency stay.
Notable cost headwinds around driver sourcing and equipment downtime weighed heavily on Werner Enterprises’ third-quarter results. But the carrier still raised long-term margin expectations.
Morgan Stanley analyst Ravi Shanker believes rate expectations of truckload management teams haven’t been reflected in 2022 earnings estimates yet.
Small carriers are opting to bring only a power unit to a brokered transaction.
More trucking heads weigh in on rate expectations for 2022. Following a sizable rate bump this year, it appears that rates could move considerably higher again next year.
Rate predictions for the truckload market are coming in earlier than in past years. High consumer demand along with a lack of drivers and equipment has industry participants calling for further increases.
Werner claims it will face a “significant burden” if regulators do not provide more flexibility in how truck driver licenses are issued.
A 3-judge panel was ready to rule on the carrier’s appeal, but a larger group of judges will now render an opinion.
The Omaha, Nebraska-based transportation and logistics provider reported second-quarter adjusted earnings of 86 cents per share.
Cummins is working with Air Products to convert about 2,000 trucks fore the world’s largest maker of hydrogen. gas
Interstate Personnel Services announced the acquisition of Missouri-based dry van truckload carrier Transport Distribution Co.
Heartland Express records its best consolidated operating ratio since its last acquisition was fully integrated.
Transportation and logistics provider Werner Enterprises announced it has acquired an 80% equity stake in ECM Transport Group for $142.4 million. Werner has the option to purchase the remaining 20% of the 500-truck fleet after five years.
Commentary from trucking executives at an investor conference suggests the capacity crunch may last well into next year.
Werner Enterprises CEO Derek Leathers says electrification and other technologies are coming quickly to trucking, and he wants his company out front.
TuSimple’s autonomous trucks cut 42% off delivery time for a load of watermelons for Los Angeles-based produce giant Giumarra Cos.
HP is shipping a weekly load of computer printers on supervised robot semis from Embark Trucks, which is growing its partner network.
Werner Enterprises announced Tuesday the board approval of a planned transition that moves its founder, CL Werner, to chairman emeritus, with CEO Derek Leathers becoming chairman.
Truckload shippers are accepting double-digit rate hikes in 2021 and further increases in 2022, Deutsche Bank’s lead transport analyst says.
As first quarter earnings continue to be announced, FreightWaves takes a look at how truckload and LTL carriers stack up.
Werner Enterprises reported a first-quarter record for operating income Wednesday after the close. Revenue-per-mile guidance in its one-way segment moved higher.
Hyliion Holdings stock is getting hammered along with most electric vehicle startups, but CEO Thomas Healy is staying optimistic.
TuSimple, the first autonomous vehicle software developer to go public, raised $1.1B at $40 per share, above the high-end of its estimated price..
Startup self-driving truck software-maker Embark Trucks sees itself at the center of an autonomous ecosystem driven by fleet and logistics partners.
SPAC-backed stocks are getting hammered, but Hyliion soldiers on in preparing the negative net-zero carbon Hypertruck ERX.
As a federal definition of an independent contractor moves toward resolution, ongoing litigation could be affected by what the Biden administration finally announces.
TuSimple, the self-driving truck startup backed by fleets, suppliers and manufacturers, filed on Tuesday to become a public company.
With recent financing from major fleets, TuSimple eschewed the blank check company frenzy to chart its own course to public trading.
In today’s edition of The Daily Dash, Werner expects the winter weather to impact Q1 earnings. Plus, J.B. Hunt and Google are teaming up for product development, and Walmart will invest billions of dollars in e-commerce.
Werner Enterprises modestly lowered earnings expectations for the first quarter of 2021 due to downtime caused by recent winter storms. The company expects no change to the tight capacity dynamic for some time.
On podcast, Amit Mehrotra of Deutsche Bank looks over the reports for the last quarter of last year
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?
A Wall Street research firm calls the performance “remarkable.”
U.S. Xpress will become the latest carrier to adopt Platform Science’s technology platform, allowing it to deploy third-party and custom apps without the need for added hardware.
Another issue in the earlier trial: Did the driver blow his horn?
In today’s edition of The Daily Dash, Landstar sees a cooling freight market in the second half of 2021. Plus, the Biden administration may consider regulating driver detention, and Werner sells its freight forwarding business.