Operations
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Provided by ArcBest
ArcBest grows demand pipeline by 35% despite net loss in Q1
The company is focused on finding opportunities with existing customers that provide more predictability and productivity, Chairman and CEO Judy McReynolds said.
By Colin Campbell • May 7, 2024 -
David Taube/Trucking Dive
Knight-Swift eyes LTL expansion in Northeast, Southwest
M&A could help the company gain a foothold, but organic expansion is its near-term focus, executives said.
By David Taube • May 7, 2024 -
Explore the Trendline➔
valio84sl via Getty Images
TrendlineTop 5 stories from Trucking Dive
These five stories detail the top trends and issues facing the trucking and transportation industry.
By Trucking Dive staff -
gorodenkoff via Getty Images
Companies have an unbalanced ‘buy vs. build’ approach to AI, report says
Instead, leaders will need to train current workers to avoid skills gaps and maximize the potential of AI, according to The Adecco Group.
By Carolyn Crist • May 7, 2024 -
Courtesy of Covenant Logistics
Covenant hires Waabi exec as COO
Dustin Koehl’s prior experience also includes senior roles at U.S. Xpress and Total Transportation of Mississippi.
By Colin Campbell • May 6, 2024 -
"P.A.M. Transport Truck in Indianapolis" by Luke Coyle is licensed under CC BY-SA 3.0
PAM Transport parent proposes reincorporating in Nevada
The plan also calls for doubling its common stock to 100 million.
By David Taube • May 6, 2024 -
Provided by Schneider National
Schneider revenue falls over $100M as weak freight market dampens Q1
The decrease led to a 75% year-over-year drop in operating income.
By Larry Avila • May 3, 2024 -
Colin Campbell/Trucking Dive
‘Firing on all cylinders’: XPO’s LTL operating income soars by 50% in Q1
The carrier reported 9.8% growth in yield excluding fuel and an increase in revenue per shipment in a still-soft freight environment.
By Colin Campbell • May 3, 2024 -
5m3photos via Getty Images
Trucking expects equipment pre-buy ahead of EPA emissions rules
Paccar and Ryder say stronger purchasing could begin in 2025.
By David Taube • May 3, 2024 -
Courtesy of Old Dominion Freight Line
LTL carriers report shippers shifting freight to truckload
Old Dominion and Saia executives noted some customers are consolidating shipments to take advantage of low TL rates.
By Colin Campbell • May 2, 2024 -
Permission granted by Benita Taube
‘Pain afoot’: Werner focuses on long-term strategy despite dedicated fleet losses
Regardless of challenges, the carrier grew average revenue per truck in the segment in Q1.
By David Taube • May 1, 2024 -
Permission granted by Pilot
Pilot names new president of energy arm
Gary Hoogeveen previously spent a decade with another Berkshire Hathaway brand, Rocky Mountain Power.
By Brett Dworski • May 1, 2024 -
Permission granted by Daseke
TFI cuts Daseke head office salaries by $12M
The Canada-based freight giant is lowering costs by 75% at the corporate headquarters of the acquired business.
By Colin Campbell • April 30, 2024 -
Courtesy of Ryder System via Business Wire
Ryder opens another facility on the US-Mexico border
The new warehouse in El Paso, Texas, is a result of growing demand from clients in the region and an expected rise in nearshoring activity.
By Edwin Lopez • April 30, 2024 -
Provided by TFI International
TFI subsidiaries settle EEOC discrimination suit for $460,000
TA Dedicated and Transportation Enterprise Services subjected gay mechanics to harassment and termination, and retaliated following complaints, the EEOC said.
By Colin Campbell • April 30, 2024 -
David Taube/Trucking Dive
Marten continues stance against lowering rates
The holdout comes as Q1 operating income for the carrier dropped 58% year over year.
By David Taube • April 29, 2024 -
Photo provided by Saia.
Saia CFO announces retirement
Douglas Col will stay on through the end of the year to ensure a smooth transition for his successor.
By Colin Campbell • April 29, 2024 -
Courtesy of Landstar System
‘Follow the money’: Landstar positions for nearshoring, infrastructure business
The logistics provider is investing in cross-border and heavy-haul to capture opportunities in the U.S. and Mexico, CEO Frank Lonegro said.
By Colin Campbell • April 29, 2024 -
Provided by Union Pacific.
Hub Group M&A deal boosts Q1 revenue
With the integration of the former Forward Air segment in its rearview, CEO Phil Yeager says the company is “back in the market” for more deals.
By Larry Avila • April 26, 2024 -
Courtesy of Lew Thompson & Son Trucking
Covenant reports $8M expense related to acquisition
The Lew Thompson deal came with a contingent consideration expense based on the subsidiary's performance.
By Colin Campbell • April 26, 2024 -
Courtesy of Old Dominion Freight Line via Business Wire
Old Dominion has hired 500 workers since September
Although demand still lags, the LTL giant staffed up “to get ahead of anticipated growth,” CFO Adam Satterfield said.
By Colin Campbell • April 25, 2024 -
Permission granted by Benita Taube
Knight-Swift limits net loss to $2.6M in Q1
The trucking giant finally exited a third-party insurance business that has dragged its earnings.
By David Taube • April 25, 2024 -
Courtesy of Ryder
Ryder notes synergies developing for Cardinal Logistics acquisition
Total revenue for its dedicated segment in Q1 increased 24% year over year.
By David Taube • April 25, 2024 -
Courtesy of Volvo Trucks
White House earmarks $1.5B in push for freight decarbonization
Federal funds will support the electrification of ports and electric truck charging infrastructure, among other projects.
By Larry Avila • April 24, 2024 -
Courtesy of PR Newswire
Forward Air hires longtime CEVA Logistics exec as CEO
Shawn Stewart succeeds Tom Schmitt in leading the LTL following its messy acquisition of Omni Logistics.
By Larry Avila • April 24, 2024 -
Permission granted by Aurora
Aurora trucks without drivers reach highway speeds on test track
Testing reached 75 mph at a facility in Ohio, the company told Trucking Dive.
By David Taube • April 24, 2024
