Operations: Page 57
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XPO LTL operating ratio hits record low
The 3PL's less-than-truckload segment is focusing on yield, service and efficiency in the last mile.
By Jim Stinson • Nov. 6, 2020 -
Talking turkey: Reefers prep for an uncertain Thanksgiving
More consumers may stay home for the holiday this year, so volumes, demand locations and product sizes for many meal fixings could be atypical.
By Amanda Loudin • Nov. 5, 2020 -
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 -
Heartland Express raises driver pay amid shortage
The carrier will bump pay by an average of 6% across the current driver fleet, but increases go as high as 12.2%.
By Jim Stinson • Nov. 5, 2020 -
Spillover from TL contract market elevates van spot rates
Contract carriers are rejecting 25% of electronically tendered freight, sending more loads onto the spot market, according to a Truckstop.com executive.
By Jim Stinson • Nov. 4, 2020 -
YRC/Yellow's survival tale
YRC orders 950 trailers, 300 tractors to replace aging fleet
The LTL firm has spent about 10% of its $700 million federal government loan on equipment.
By Jim Stinson • Nov. 3, 2020 -
Tight capacity erodes shipper-carrier trust
Carriers are telling shippers to look elsewhere for capacity as trucks juggle the spike in volume with customer service.
By S.L. Fuller • Nov. 2, 2020 -
Driver shortage tops ATRI's industry concerns 4th year in a row
Recruiting younger drivers, and more women and minorities, could help alleviate the shortage, said the American Transportation Research Institute.
By Jim Stinson • Nov. 2, 2020 -
Driver turnover accelerates with burnout from long trips: WorkHound
More home time isn't necessarily the solution, a USA Truck executive said.
By Jim Stinson • Oct. 30, 2020 -
Schneider: Too many loads, too few drivers
Daily tender rejections reached record levels in Q3.
By Jim Stinson • Oct. 29, 2020 -
Fleets take the lanes less traveled as warehouse locations sprout
Spot rates are rising on routes once safely considered backhauls in the face of an e-commerce surge.
By Jim Stinson • Oct. 29, 2020 -
Ryder sells record number of used trucks as owner-operators enter the market
The company sold 8,800 used trucks in Q3 as a rising freight market fueled equipment demand.
By Jim Stinson • Oct. 29, 2020 -
Inventory restocking boosts UPS freight to record profits
UPS had small bumps in the road, such as poor TL brokerage performance, but the nicks did not hurt the overall business.
By Jim Stinson • Oct. 28, 2020 -
Old Dominion targets smaller LTL customers to lower shipment weight, improve efficiency
The carrier aims for loads that are 1,570 pounds to 1,600 pounds, and that range is a sign smaller firms are coming back from pandemic-related woes to do business, the CFO said.
By Jim Stinson • Oct. 27, 2020 -
Daimler orders up 60% as lower build rates push fleets to order
North America's largest truck maker doesn't expect any further major bumps in the road caused by COVID-19.
By Jim Stinson • Oct. 23, 2020 -
Landstar says US manufacturing growth will further tighten TL capacity
The trucking firm increased the number of third-party carriers in its network by 10% over Q2 to meet surging shipper demand.
By Jim Stinson • Oct. 22, 2020 -
Knight-Swift: Shippers seek early contract commitments
Constrained TL capacity and high demand for inventory replenishment will lead to low double-digit contract rate increases in 2021, executives said.
By Jim Stinson • Oct. 21, 2020 -
Paccar picks up business as e-commerce, construction demand rise
The OEM behind the Kenworth and Peterbilt brands has captured nearly 30% of the North American market.
By Jim Stinson • Oct. 20, 2020 -
JB Hunt grapples with driver shortage and unloading delays
The carrier said it had to turn away thousands of load offers per week due to restrained capacity.
By Jim Stinson • Oct. 16, 2020 -
Deep Dive
Truck vs. train: Which has the upper hand as spot rates soar?
Shippers consider lead times and freight types when selecting over-the-road, rail or intermodal.
By Jim Stinson • Oct. 15, 2020 -
Class 8 sales signal an end to the freight recession
Rising spot rates drove a September sales jump as fleets prepare for a more vigorous freight market.
By Jim Stinson • Oct. 14, 2020 -
Deloitte: M&A is picking up as tech firms focus on partnerships, joint ventures
Partnerships in truck technology have been a common occurrence this year, with OEMs, brokers and fleets pooling resources to develop products.
By Robert Freedman • Oct. 12, 2020 -
Consumer demand pushes up small LTL shipment volumes, TL spot rates
Smaller shipments of goods, parcels and a large consumer appetite have rates going up, even as overall volumes tick down.
By Jim Stinson • Oct. 9, 2020 -
Daimler eCascadia Freightliner goes for test run in Sysco regional haul
Sysco, one of the largest private fleets in the U.S., is joining its peers in embracing low-emissions operations.
By Jim Stinson • Oct. 8, 2020 -
Companies see fresh-start accounting as way to improve post-bankruptcy odds
As the pandemic sends firms into bankruptcy, they're considering a reorganizational approach that creates a new entity and set of books.
By Ted Knutson • Oct. 7, 2020 -
Telematics firm Transflo buys Microdea as documents go digital
The acquisition allows Transflo to process more data from shippers, carriers and 3PLs, which feeds into its artificial intelligence system.
By Jim Stinson • Oct. 6, 2020