Operations: Page 57

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    Walmart upgrades fleet tech to improve real-time visibility

    The retailer completed the rollout of the initiative in its 12,000-plus fleet of trucks in April.

    By • July 6, 2022
  • An overhead view shows trucks tightly packed together in a lot.
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    ysuel via Getty Images
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    Capacity, labor constraints fuel trucking M&A race

    “If you want to grow, the strategic way to do that is to go acquire other companies,” Heartland Express CFO Chris Strain said.

    By • July 5, 2022
  • Driving on open road at beautiful sunny day. Aerial view of highway. Explore the Trendlineâž”
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    valio84sl via Getty Images
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    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
  • A FedEx delivery truck sits parked on June 25, 2019 in San Francisco, California.
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    Justin Sullivan/Getty Images via Getty Images
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    FedEx targets empty miles with Network 2.0 plan

    The LTL company working more closely with FedEx Ground will be a critical component in their parent company’s pursuit of more streamlined operations.

    By • July 5, 2022
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    Courtesy of Navistar
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    Motive, Navistar partner to boost fleet visibility

    The collaboration will give businesses new insight into vehicle location, engine hours, and tire pressure.

    By • June 30, 2022
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    Scott Olson via Getty Images
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    BNSF limits diesel, DEF shipments to California as congestion worsens

    The slowdown in fuel-related shipments comes as prices at the pump reach record heights.

    By Sarah Zimmerman • June 29, 2022
  • A rendering of a Nikola truck pulling a Covenant Logistics trailer.
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    Courtesy of Covenant Logistics
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    Covenant Logistics seeks new buyer after $45M California terminal sale goes awry

    The company is in “active discussions with other potential buyers but does not currently have an agreement to sell the terminal,” it said.

    By • June 29, 2022
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    Joe Raedle via Getty Images
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    EPES Logistics Services acquires freight brokerage A Cooper Logistics

    EPES said staff retention was a critical component of the deal.

    By • June 28, 2022
  • A FedEx Freight truck on the road on Oct. 21, 2021.
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    "Fedex Freight" by Tomás Del Coro is licensed under CC BY-SA 2.0
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    FedEx Freight's operating profit surges despite drop in shipments

    LTL providers have gained greater pricing discipline in recent years and are careful not to overbuild capacity, FedEx CFO Mike Lenz said.

    By • June 27, 2022
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    Courtesy of USA Truck
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    DB Schenker acquires USA Truck for $435M

    The deal would give DB Schenker significant trucking assets in the U.S., and take USA Truck into private hands.

    By , Sarah Zimmerman • Updated June 24, 2022
  • Ryder offers the largest network of used commercial vehicles for sale in the U.S., with 60 Used Truck Center (UTC) locations offering more than 4,000 pre-owned trucks, vans, and trailers for sale.
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    Courtesy of Ryder System
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    Ryder expands freight brokerage footprint with Nashville office

    Two more locations are set to open in 2023, likely in the Western U.S., a spokesperson told Transport Dive.

    By • June 23, 2022
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    (Photo by Justin Sullivan/Getty) via Getty Images
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    Chassis returns taking 3 times longer than pre-pandemic: TRAC Intermodal

    The company grew its Oakland fleet 2% YoY in a tight market as equipment supply struggles to meet demand.

    By • June 21, 2022
  • P.A.M. Transportation has acquired Metropolitan Trucking for $77.4 million.
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    "P.A.M. Transport Truck in Indianapolis" by Luke Coyle is licensed under CC BY-SA 3.0
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    P.A.M. Transportation buys Metropolitan Trucking for $77.4M

    The acquisition adds 320 trucks and 1,060 trailers, primarily operating in the Northeastern U.S.

    By • June 16, 2022
  • Trucks at a Love's rest stop
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    George Frey via Getty Images
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    FMCSA seeks comment on definitions of broker, bona fide agent

    Stakeholders have until July 11 to submit comments for the review, which was required by the federal infrastructure law.

    By • June 15, 2022
  • Chewy, fulfillment center
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    Permission granted by Chewy
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    Chewy expands in-house freight service to cover 7 fulfillment centers

    The retailer is eyeing a long-term expansion for its linehaul initiative, CEO Sumit Singh said.

    By • June 14, 2022
  • A Google Maps photo of 8566 Pecan Ave. in Rancho Cucamonga, California. Heartland Express sold the facility to Realterm in 2022.
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    Retrieved from Google on June 10, 2022
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    Hot California real estate market drove Heartland Express terminal sale

    CFO Chris Strain said the carrier initially didn't want to sell the facility in Rancho Cucamonga, "but the price just kept getting better and better."

    By , • June 10, 2022
  • Trucking Success - stock photo
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    shotbydave via Getty Images
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    Driver poaching more common in tight labor market

    Carriers need to stay wary of losing their own workforce to competitors and incentivize drivers to stay.

    By • June 9, 2022
  • Schneider, truck
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    Courtesy of Schneider National
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    Schneider buys Wisconsin-based regional paper carrier deBoer

    The acquisition will add hundreds of tractors and trailers to Schneider's portfolio.

    By • June 8, 2022
  • A Ryder truck.
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    Courtesy of Ryder
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    Ryder rejects $4.4B private equity takeover attempt

    HG Vora Capital Management's offer "was not indicative of the value of our company," CEO Robert Sanchez told investors.

    By • June 7, 2022
  • Trucks at a Love's rest stop
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    George Frey via Getty Images
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    CR England data breach compromised Social Security numbers

    Personal information was accessed, but the trucking company does not believe it was shared. Still, the incident could prove costly.

    By • June 6, 2022
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    (Photo by Justin Sullivan/Getty Images) via Getty Images
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    Chassis constraints at Port of Oakland leave trucks on their own

    The chassis pit has reopened as of Tuesday, but TraPac noted availability remains limited.

    By • Updated June 8, 2022
  • A Heartland Express truck takes a trip on the road.
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    "HeartLand Express" by Chris Yarzab is licensed under CC BY 2.0
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    Heartland Express buys Smith Transport for $170M

    The deal marks Heartland's second major acquisition of a dry van TL carrier in the past three years.

    By • June 1, 2022
  • A Sysco truck outside.
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    Courtesy of Sysco
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    Sysco moves drivers to 4-day workweek in bid to improve retention

    The food distributor will also be delivering six days a week to improve asset utilization.

    By • May 31, 2022
  • A Schneider National TL truck on a highway
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    Courtesy of Schneider
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    Schneider targets intermodal growth as rail-to-truck conversion accelerates

    The carrier is working to double the size of its intermodal operation even as rail service challenges push more shippers to rely on trucks.

    By Sarah Zimmerman • May 25, 2022
  • An XPO software engineer looks at a network map in an office.
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    Courtesy of XPO Logistics
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    XPO's new pricing platform helped raise contract rates

    Technology helped the carrier reduce manual tasks for its pricing experts by 80%, and it paid off with an 11% rate increase on contract renewals.

    By • May 24, 2022
  • Package Boxes on Pallets Loading into Cargo Container. Trucks Parked Loading at Dock Warehouse. Delivery Service. Shipping Warehouse Logistics. Road Freight Truck Transportation.
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    1933bkk via Getty Images
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    Column

    Carriers should be weary of cost creep when working with intermediaries

    Third-party relationships can bring added administrative, claims and other expenses that executives should consider.

    By • May 23, 2022