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Trucking prepares for regulation, rising costs in 2024
A persistently soft freight environment is among many issues carriers will confront this year. We talked to execs about how they are preparing.
By Larry Avila • Jan. 31, 2024 -
FHWA offers $729M for storm-damaged infrastructure
The funds will help states rebuild roads and bridges following natural disasters and extreme weather.
By Julie Strupp • Jan. 31, 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 -
UPS considers sale of Coyote Logistics brokerage
“Perhaps the business is worth more to someone else,” CEO Carol Tomé said on a Q4 earnings call.
By David Taube • Jan. 30, 2024 -
Love’s, Daimler to grow Freightliner maintenance program
The partnership streamlines access to a dealer parts network.
By David Taube • Jan. 30, 2024 -
JB Hunt elects longtime railroad executive to board
Former Kansas City Southern President and CEO Patrick Ottensmeyer becomes the carrier’s 10th director.
By Larry Avila • Jan. 30, 2024 -
Knight-Swift aims to provide national LTL network in-house by 2026
The carrier plans to open at least 20 sites this year for its expansion — scaling a segment it began in 2021.
By David Taube • Jan. 29, 2024 -
Under Covenant Logistics, Lew Thompson fleet size will double in 2024
The parent company is bullish on the poultry hauling business, even after a challenging winter.
By Colin Campbell • Jan. 29, 2024 -
Deep Dive
Top trucking trends to monitor in 2024
Rising costs will be a chief concern for carriers as they work to retain labor and integrate technology in a stubbornly soft freight environment this year.
By Colin Campbell • Jan. 29, 2024 -
EV battery research gets $131M funding boost
The Energy Department financing includes millions for OEMs like Cummins and Paccar.
By Kate Magill • Jan. 29, 2024 -
Truck parking to receive hundreds of millions from infrastructure law
The awards are among nearly $5 billion in transportation grants announced by the White House Thursday.
By Colin Campbell • Jan. 26, 2024 -
Trucking labor rules and regs to watch in 2024
Adding to a major swing in classifying independent contractors, rules governing meal and rest breaks safety could develop this year.
By David Taube • Jan. 26, 2024 -
Knight-Swift is shutting down its third-party insurance business
The company has begun canceling policies and reduced the number of trucks under coverage by 75%, CFO and Swift Transportation President Adam Miller said.
By David Taube • Jan. 25, 2024 -
Kodiak, Ryder launch AV truckport in Houston
The facility will help kickstart the tech company’s driverless operations in Texas this year, the companies said.
By David Taube • Jan. 24, 2024 -
Ryder opens fulfillment center for Lexmark
The 1 million-square-foot facility in Indiana will add new delivery capabilities for the imaging and technology company.
By Alejandra Carranza • Jan. 24, 2024 -
Forward Air moves ahead with Omni Logistics merger
A new deal was completed this week and shut down a transaction lawsuit.
By Larry Avila • Updated Jan. 25, 2024 -
Dry van freight contracts fall to lowest average in years
Sluggish freight demand is starting to recover, ACT Research noted.
By David Taube • Jan. 22, 2024 -
‘A mandate to grow’: Trucking’s 2024 M&A outlook is bright
Buyers are on the lookout for well-run operations with niche expertise, said M&A adviser Spencer Tenney.
By Colin Campbell • Jan. 22, 2024 -
TA names 3 executives to trucking division
Each of these execs, who stepped into their new roles on Jan. 1, will help oversee the growth of TA’s commercial business, a spokesperson said.
By Brett Dworski • Jan. 22, 2024 -
JB Hunt reports 6% intermodal volume growth despite revenue drop
An unexpected peak season buoyed the segment, prompting some optimism for Q1.
By Larry Avila • Jan. 19, 2024 -
Berkshire Hathaway now sole owner of Pilot Company
Warren Buffett’s holding firm has purchased the remaining 20% in the travel center chain that had previously been owned by the company’s founders, the Haslam family.
By Brett Dworski • Jan. 19, 2024 -
PS Logistics acquires Buddy Moore Trucking, ELS flatbed division
The latest acquisitions by the Alabama-based logistics company are expected to expand its flatbed and dedicated dry van operations.
By Larry Avila • Jan. 18, 2024 -
PGT Trucking plans to open 2 terminals in Q2
A Texas facility will support cross-border operations, while another in Kentucky will expand service for some of its largest customers, the company said.
By Larry Avila • Jan. 17, 2024 -
Hub Group HR chief steps down
Michele McDermott plans to pursue another opportunity, the company said.
By Colin Campbell • Jan. 16, 2024 -
Maverik brings Relay’s fuel payment tech to 86 stores
The Salt Lake City-based convenience store retailer joins Yesway and Pilot in tapping into Relay’s contactless purchasing platform.
By Brett Dworski • Jan. 16, 2024 -
Daimler Truck hires Siemens exec to succeed late CFO
The OEM appointed Eva Scherer about five months after its previous finance chief died of complications from a wasp sting.
By Maura Webber Sadovi • Jan. 12, 2024