Operations: Page 14
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Love’s adds to finance arm
The travel stop company’s acquisition of REV Capital’s U.S. transportation factoring portfolio is part of its plan to enhance its financial services business.
By Jessica Loder • Aug. 6, 2024 -
LTL carriers haul more retail freight as industrial demand lags
Old Dominion Freight Line, Saia and TForce Freight are all eager for a rebound in manufacturing demand.
By Colin Campbell • Aug. 5, 2024 -
Valley Companies adds fourth-generation leadership
The Wisconsin-based brokerage named Brandon Gilbert director of logistics partnerships.
By Larry Avila • Aug. 5, 2024 -
Industries with in-person work more frequently tout PTO in job ads, Indeed finds
While paid time off mentions in job ads have risen in recent years, workers still aren't taking enough time off.
By Caroline Colvin • Aug. 2, 2024 -
AAA Cooper promotes VP to chief strategy officer
John Hammons takes on an EVP role as Knight-Swift expands in-house LTL service across the U.S.
By Colin Campbell • Aug. 2, 2024 -
The trucking freight cycle has reached its low point, analysts say
FTR said the market has bottomed out, following an upswing in trucking business starts.
By David Taube • Aug. 2, 2024 -
Schneider National’s Q2 income from operations dips 51%
The trucking and logistics company believes an expected return of seasonal freight will provide a boost in the second half of the year.
By Larry Avila • Aug. 1, 2024 -
Werner operating income nosedives 58% in Q2
CEO Derek Leathers said year-over-year results were hurt by fleet size, rates and lower gains on used truck sales.
By Colin Campbell • July 31, 2024 -
CH Robinson to sell European Surface Transportation business
The move will allow the brokerage to focus on boosting profitability in North America.
By Larry Avila • July 31, 2024 -
(2024). [Video]. Retrieved from T&I Committee Republicans/YouTube.
Congressional subcommittee debates value of federal road safety regulations
A Republican member of Congress criticized the Biden administration’s “onerous regulatory agenda,” but one advocate argued inconveniences may be necessary to make road safety a priority.
By Dan Zukowski • July 31, 2024 -
‘Way too fat’: TFI International plans to cut costs at TForce Freight
The U.S. LTL carrier needs to reduce administrative and technology costs, CEO Alain Bédard told investors last week.
By Colin Campbell • July 30, 2024 -
Employers plan to invest in health benefits as costs rise: survey
Companies are split on how to pay for the rising expense, but a slight plurality told Mercer they were unlikely to shift costs onto workers.
By Emilie Shumway • July 30, 2024 -
Ryder Systems Q2 operating revenue jumps 10%
The South Florida-based transportation conglomerate credits the acquisition of Cardinal Logistics for providing a boost to its dedicated business.
By Larry Avila • July 29, 2024 -
Shippers need contingency plans now, experts say
Diversifying port usage and improving visibility are among the tactics supply chains should deploy.
By Alejandra Carranza • July 29, 2024 -
Saia operating income grows 14% as it adds terminals
The carrier's operating income increased 14.4% in Q2 as it opened or relocated eight facilities.
By Colin Campbell • July 29, 2024 -
Retrieved from TA.
TA breaks ground on first public truck charging station
The California project is expected to go live by early 2025 with four 400 kilowatt chargers followed by a 1 megawatt charger in 2026.
By Brett Dworski • July 29, 2024 -
Knight-Swift operating income plummets 32.5%
A $12.5 million auto liability claim outweighed gains from its LTL segment and U.S. Xpress Enterprises acquisition.
By Larry Avila • July 26, 2024 -
Old Dominion sees freight market ‘starting to thaw’
Industrial customers are lagging retail business, and inventories are all over the board, executives said.
By Colin Campbell • July 25, 2024 -
DOT Secretary Buttigieg notes federal aid’s impact on supply chains
“Our supply chains are stronger, are more resilient, than they were three-and-a-half years ago,” he said during a keynote address Wednesday.
By David Taube • July 24, 2024 -
AI offers safety, productivity returns on investment, executives say
Nearly all leaders of physical operations believe they need to invest in AI to stay competitive, according to a Samsara report.
By Colin Campbell • July 24, 2024 -
Bias in hiring, performance evaluations can derail corporate DEI goals
The Conference Board’s “Bias Interrupters” framework offers a way to foster inclusion and control for legal risk.
By Carolyn Crist • July 24, 2024 -
AAA Cooper reopens Yellow sites in 4 states
The LTL carrier’s parent company, Knight-Swift Transportation Holdings, acquired the properties in last year’s bankruptcy auction.
By Colin Campbell • July 23, 2024 -
Coffee and EV charging: Mercedes-Benz partners with Starbucks
The collaboration will add DC fast chargers at 100 retail locations along the 1,400-mile Interstate 5 corridor.
By Haley Cawthon • July 23, 2024 -
Ryder acquires Pit Stop Fleet Service, expanding mobile tech outreach
The business provides commercial fleet maintenance and will strengthen southern markets, notably in Mississippi.
By David Taube • July 22, 2024 -
XPO launches Mexico+ cross-border shipping service
The carrier's Yellow Corp. terminal acquisitions have allowed it to expand to seven border crossing points for faster delivery times.
By Colin Campbell • July 22, 2024