Operations: Page 4
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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 -
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 -
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 -
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 -
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 -
ABF Freight leader to be promoted to ArcBest president
Seth Runser will join Chairman and CEO Judy McReynolds in leading the LTL carrier’s parent company.
By Colin Campbell • July 19, 2024 -
Volvo to receive $208M to accelerate heavy-duty electric truck production
The funds will modify plants in Maryland, Pennsylvania and Virginia, where Mack and Volvo will produce new equipment or powertrain components.
By David Taube • July 18, 2024 -
FMCSA names BakerHostetler partner as lead counsel
The agency noted Melody Drummond Hansen's experience in emerging transportation technologies, such as fleet management to electric and hydrogen-powered vehicles.
By Colin Campbell • July 18, 2024 -
JB Hunt Q2 operating income falls 24%
The company remains optimistic, based on "what used to be a typical end-of-month and end-of-quarter lift in June," an executive said.
By Larry Avila • July 17, 2024 -
DOT rolls out $5B in bridge infrastructure grants
The Bipartisan Infrastructure Law will fund 13 economically significant projects to address traffic and freight bottlenecks.
By Colin Campbell • July 17, 2024