The Latest
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Trucks, trailers, tonnage: What transport data says about the state of the industry
Load post volumes took a hit in late May, continuing a sharp decrease from the frenzy of recent years.
Updated June 1, 2023 -
Why are smaller fleets struggling? Major carriers weigh in
A nosedive in spot rates and increases in labor and maintenance costs are causing capacity attrition, fleet executives said.
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Geodis buys Southern Companies, bolstering drayage services
The transport and logistics company says the addition gives it access to seven ports in the southern U.S.
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US Xpress shareholder sues to temporarily halt merger
A legal complaint seeks to postpone a June 29 vote until more financial information is provided.
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Daseke lowers full-year earnings guidance by up to $25M
Executives expect the weak freight market to persist through the remainder of the year.
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Retrieved from North Dakota Department of Transportation.
Kratos to deploy more autonomous platooning trucks in Midwest
Platooning technology is allowing lower-cost entry to the autonomous space, rather than focusing solely on “customers who can afford to buy new trucks,” the defense and tech company says.
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https://www.gettyimages.com/detail/photo/wheeler-trucks-on-the-road-royalty-free-image/870341722?phrase=tractor-trailer&adppopup=true via Getty Images
Bendix patents tractor-trailer cybersecurity tech
Tankers and road trains can be especially vulnerable, NMFTA Senior Cybersecurity Research Engineer Ben Gardiner said.
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Retrieved from International Brotherhood of Teamsters on May 25, 2023
Teamsters members authorize strike at ABF Freight
More than 97% of the carrier's 8,000 unionized employees voted to strike if the union deems necessary.
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Ryder secures new headquarters amid increased remote work shift
The relocation will keep the company’s roots in South Florida after it sought a smaller footprint.
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Filling the Driver's Seat
‘The way to go’: Student testimonials from Roadmaster Driving School aid recruiting efforts
The training program uses social media to celebrate graduates and share their reasons for pursuing a future in trucking.
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Saia opens LTL terminal in Indiana
The carrier's new Muncie terminal is expected to allow it to provide faster service by being closer to customers in a growing market.
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House passes resolution to halt new EPA heavy-duty trucking emissions rule
The measure to roll back 2027 model-year standards had already passed the Senate. It is likely headed for a presidential veto.
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Schneider National CFO to retire
Stephen Bruffett will remain in the role as the company searches for his successor.
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Opinion
Young people are a key solution to trucking’s driver shortage
The industry appears mostly ready to embrace an established apprenticeship program for 18- to 20-year-olds with some program modifications, writes Truckload Carriers Association President Jim Ward.
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Retrieved from GAO.
FMCSA appoints new director of government affairs
Brenna Marron returns to the Department of Transportation after stints at the Federal Railroad Administration and in the office of the secretary during the Obama administration.
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R&R Express acquires Taylor Transportation
The Pittsburgh-based LTL and brokerage says its latest purchase bolsters its maintenance network to support national expansion efforts.
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ContainerPort Group moves to 8-acre terminal in South Carolina
The North Charleston site will help the drayage and logistics provider grow its dedicated services business, which launched last fall.
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Retrieved from US Xpress on May 18, 2023
US Xpress’ Eric Fuller to take job at business accelerator
With the new position, the seasoned trucking executive will focus his efforts on recruiting and mentoring entrepreneurs on a national scale.
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Werner loses appeal in Texas crash involving around $100M in liability
A final judgment of $92 million against the carrier, plus interest, is being covered mostly by insurance, according to a quarterly filing.
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Sysco touts improved retention rate as it keeps eyes on growth
The food distributor's Q3 sales were up nearly 12% YoY amidst a targeted push to keep employees.
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Speed limiter debate rages on as FMCSA weighs mandate
A Congressional hearing and a bill to stop the agency from requiring the technology magnified a divide between big trucking and its smaller competitors.
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Old Dominion promotes CFO to EVP
The carrier's elevation of Adam Satterfield will take place amid a flurry of other C-suite changes.
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Opinion
Here’s what you need to know to get started on AI
For trucking companies, the technology can help find efficiencies and take over mundane tasks.
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TuSimple to cut approximately 30% of workforce
The move follows a restructuring and layoff announcement from five months ago.
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Brokerage fraud costs could surpass $800M, TIA president says
The lack of enforcement puts owner-operators and other smaller carriers at a disadvantage, Anne Reinke testified.