Operations
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Hyzon lays off workers, plans to liquidate business
“To date, no viable strategic alternatives are available to the Company,” according to a Friday securities filing.
By David Taube • Dec. 20, 2024 -
‘The right time’: FedEx will spin off FedEx Freight LTL unit
FedEx Freight will be separated from the parcel giant, creating a new publicly traded company, the board announced.
By Colin Campbell • Dec. 19, 2024 -
Trendline
Top 5 stories from Trucking Dive
These five stories detail the top trends and issues facing the trucking and transportation industry.
By Trucking Dive staff -
Keys to longevity: Business lessons from three 100-year-old LTL carriers
Dedication to customers and employees, plus investments in growth, are critical to long-term success, executives told Trucking Dive.
By Colin Campbell • Dec. 19, 2024 -
EPA grants California waiver for low-NOx truck emissions rule
The American Trucking Associations and Owner-Operator Independent Driver Association blasted the move, which could be short-lived.
By Colin Campbell • Dec. 19, 2024 -
Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
By Jim Tyson • Updated Dec. 18, 2024 -
Southeastern Freight Lines relocates to larger Louisville terminal
The LTL carrier has more than doubled its number of dock doors at the facility and increased its employee count by five fold.
By Haley Cawthon • Dec. 19, 2024 -
Q&A
‘In the trenches’: CH Robinson CEO shares views on tariffs, nearshoring
The brokerage giant, heavily involved in U.S.-Mexico truckload crossings, is focused on helping customers navigate potential changes in cross-border trade, CEO Dave Bozeman said.
By David Taube • Dec. 18, 2024 -
Averitt promotes replacements for 2 more retiring VPs
Three VPs have retired from the LTL carrier in the past two months.
By Haley Cawthon • Dec. 18, 2024 -
A look inside Forum Mobility’s Long Beach EV truck charging facility
Amazon and Talon Logistics are among the first customers using the FM Harbor site, which has nine megawatts of power and 44 fast-charging dispensers.
By Colin Campbell • Dec. 18, 2024 -
DHL Supply Chain deploys Volvo autonomous trucks in Texas
The logistics company is using the technology along two routes in the state as it seeks to increase freight capacity.
By Alejandra Carranza • Dec. 18, 2024 -
Hyzon hydrogen fuel cell truck trials shift into order conversations
All 10 of the company’s completed trials for its Class 8 and refuse fuel cell electric trucks have been successful, CEO Parker Meeks told investors.
By Haley Cawthorn • Dec. 17, 2024 -
Deep Dive
‘A whirlwind’: Saia sprints toward nationwide ambitions in 100th year
The Georgia-based LTL carrier spent $1 billion and reopened more than 20 former Yellow Corp. terminals in its centennial year.
By Colin Campbell • Dec. 17, 2024 -
Trump’s FMCSA chief will have significant sway over trucking
The next head of the Federal Motor Carrier Safety Administration will have power over speed limiters and other regulations.
By Colin Campbell • Dec. 16, 2024 -
Nearing 2025, almost half of workers expect to leave some vacation time unused
A recent survey contains “mixed messages” about what employees want from their time-off policies, said Eagle Hill Consulting’s Melissa Jezior.
By Ryan Golden • Dec. 16, 2024 -
Tracker
What’s the latest load-to-truck ratio?
Ratios declined the second week of December, but flatbed generally held steady.
Updated Dec. 19, 2024 -
Mullen Group budgets $150M for acquisitions next year
With the help of M&A, the Canada-based transportation conglomerate seeks 10% growth in 2025.
By David Taube • Dec. 12, 2024 -
BMO’s transportation loan portfolio problems escalate
Impairments in Q4 reached C$464 million, but banking executives predicted the worst was behind them.
By David Taube • Dec. 11, 2024 -
How will trucking fare against tariffs? Economists weigh in
The true impact of tariffs, and which ones will ultimately materialize, is still unclear, experts said.
By David Taube • Dec. 11, 2024 -
Kal Freight will close tire, parts businesses
The transportation and logistics provider petitioned a bankruptcy court in Texas to restructure its non-core subsidiaries.
By David Taube • Dec. 10, 2024 -
Solid economy gives Fed time to mull rate cut pace, chair says
Jerome Powell’s comments align with those of other officials in recent days who backed a cautious approach to future reductions in borrowing costs.
By Jim Tyson • Dec. 10, 2024 -
Forward Air fires president amid investor pressure to sell company
Chris Ruble, also the company's COO, was terminated without cause on Dec. 6, according to a securities filing.
By Colin Campbell • Dec. 9, 2024 -
Estes reopens former Yellow terminals
The facilities are among the two dozen properties and a dozen leases the Virginia-based carrier acquired in last year's bankruptcy auction.
By Colin Campbell • Dec. 6, 2024 -
Hub Group executives swap C-suite roles
The carrier's chief marketing officer and COO are trading jobs, the company announced.
By Haley Cawthorn • Dec. 6, 2024 -
SEC fines UPS $45M for overvaluing LTL unit ahead of sale
TFI International acquired UPS Freight, which it rebranded to TForce Freight, for $800 million in 2021.
By Colin Campbell • Dec. 5, 2024 -
Reefer truck shortages hit parts of western US
The shortfall is affecting regions in Idaho and Washington that produce staples like potatoes and dry onions, according to the U.S. Agriculture Department.
By David Taube • Dec. 5, 2024