Operations: Page 52
-
Nikola to pay $125M to settle fraud charges
The fraud charges, announced in July, dealt a blow to Nikola's reputation.
By Jim Stinson • Updated Dec. 21, 2021 -
Old Dominion limits 'harder-to-handle' loads to reserve capacity
Spillover freight from the TL market isn't necessarily sticky, and ODFL wants to prioritize long-term market share.
By S.L. Fuller • July 28, 2021 -
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 -
LTL, TL freight spending reaches record high: US Bank
The driver shortage has tightened capacity, leaving fleets unable to meet growing demand.
By Max Garland • July 23, 2021 -
M&A intensifies as carriers seek ‘holistic’ portfolio
Uber Freight, Knight-Swift and others are making moves toward bigger books of business.
By Jim Stinson • July 23, 2021 -
Capacity crunch prompts JB Hunt to limit service
Detention of trailing equipment in the intermodal and truck segments led the carrier to levy fees.
By Jim Stinson • July 20, 2021 -
Higher contract rates pull volume from spot truck market
DAT Principal Analyst Dean Croke said carriers are securing higher contract rates, which reduces the incentive to focus on the spot market.
By Matt Leonard • July 19, 2021 -
Uber Freight leaps into LTL load-matching
The company envisions its digital brokerage platform being a one-stop shopping center for TL, LTL and logistics.
By Jim Stinson • July 15, 2021 -
Detention and demurrage were hotly debated pre-pandemic. Congestion made it worse.
The average charge more than doubled from 2020, increasing 104%, Container xChange found.
By Matt Leonard • July 13, 2021 -
2020's market swings led to slight dip in trucking costs
A lack of inventory may have caused supply chain challenges, but it also led to a 15% decrease in logistics costs last year, according to CSCMP's Annual State of Logistics Report.
By Edwin Lopez • July 12, 2021 -
Freight brokerage gets boost from pandemic-induced digitization
The brokerage market is expected to more than double by 2024, as technology improves service levels, the annual State of Logistics report said.
By S.L. Fuller • July 9, 2021 -
Knight-Swift becomes LTL competitor with $1.35B acquisition
CEO Dave Jackson said his firm will benefit from more favorable driver retention and lower equipment costs.
By Jim Stinson • July 7, 2021 -
Freight overflows push LTLs to make tough decisions
FedEx Freight admitted to "temporary targeted volume control" as shippers rush to fill inventories.
By Jim Stinson • July 7, 2021 -
Werner buys ECM Transport for $142M in first TL acquisition
The purchase increases Werner's exposure to high-velocity shipments and shorter hauls, at a time when carriers are eager to hold on to drivers.
By Jim Stinson • July 6, 2021 -
FedEx, UPS take divergent LTL freight paths
As UPS sold off its Freight unit to TFI this year, FedEx doubled down on Freight and called its commitment to the segment "absolute."
By Jim Stinson • July 2, 2021 -
M&A will be hard to derail this year, specialists say
Well-capitalized companies, private equity firms and special purpose acquisition companies are expected to be active through year's end.
By Ted Knutson • June 28, 2021 -
Trucking mulls impacts on drivers, equipment with infrastructure bill on the horizon
The Bipartisan Infrastructure Framework allocates $109 billion for roads, bridges and "major projects." But more construction could take flatbeds out of circulation.
By Amanda Loudin • June 25, 2021 -
Deep Dive
Transport execs confront high-stakes decision: remote, office or hybrid work?
USA Truck's business boomed as employees worked from home during the pandemic. Bringing them back means weighing safety, culture and productivity.
By Shefali Kapadia • June 23, 2021 -
Supply chain constraints, spot posts push up trucking rates
Capacity has been tight for months, and executives don't anticipate it will loosen any time soon.
By Matt Leonard • June 23, 2021 -
Brokers, living in a carrier's market, turn attention to relationships
Rebounding volumes and rates benefit brokers and fleets. But capacity constraints give drivers the advantage.
By Jim Stinson • June 22, 2021 -
JB Hunt tests Waymo trucks as fleets bet big on autonomous hauls
The trucks are set to haul freight between Houston and Fort Worth along Interstate 45, as many driverless operations focus on middle mile routes.
By S.L. Fuller • June 11, 2021 -
Frito-Lay says its private fleet, OTR driver team are advantages during the pandemic
A tight trucking market met increased demand for snacks and packaged goods over the last year.
By Shefali Kapadia • June 9, 2021 -
Dollar Tree: Tight capacity, high demand may send rates surging
The company utilized spot markets more than it expected last quarter, which tripled its transportation cost assumption.
By S.L. Fuller • June 7, 2021 -
Volvo delivers electric Class 8 trucks to Albertsons for local grocery distribution
The grocer received two Volvo VNR Electric trucks, which it paired with electric reefer units from Advanced Energy Machines.
By Jeff Wells • June 4, 2021 -
Averitt Express opens Dallas distribution center, as LTL fleets move closer to consumers
The center will be Averitt's largest for distribution, at 400,000 square feet.
By Jim Stinson • June 1, 2021 -
What a truck-specific VMT tax would mean for the industry
Trucking associations blasted a tax proposal from Republican Sen. John Cornyn of Texas and raised concerns about the effects on small fleets.
By Jim Stinson • June 1, 2021