Operations: Page 20
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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 -
Heartland Express posts $15 million operating loss
The carrier’s earnings were hit by a combination of extended weak demand, extreme weather and rising operating costs, CEO Mike Gerdin said.
By David Taube • April 23, 2024 -
"P.A.M. Transport Truck in Indianapolis" by Luke Coyle is licensed under CC BY-SA 3.0
PAM Transportation Services posts operating loss for Q1
The company’s TL operating ratio was 104.2% for the quarter.
By David Taube • April 22, 2024 -
Provided by Schneider National
How Schneider National tapped into shipper needs post-Baltimore bridge collapse
Following a wave of freight rerouting requests, a quickly deployed email campaign gave the carrier’s drayage and other logistics services a boost.
By Larry Avila • April 22, 2024 -
Colin Campbell/Trucking Dive
XPO, Estes, Saia begin to reopen Yellow’s former terminals
Remaining LTL players are incorporating the bankrupt carrier’s properties into their networks after scooping up its freight and assets last year.
By Colin Campbell • April 19, 2024 -
Giselleflissak via Getty Images
Employers worry training won’t keep pace with tech advancement
Business leaders responding to a survey said it’s never been so hard to plan for future talent requirements.
By Carolyn Crist • April 19, 2024 -
Courtesy of ITS Logistics
Federal FLOW program welcomes more trucking members
ITS Logistics and RoadEx America joined the Department of Transportation initiative to better share data across supply chains.
By Colin Campbell • April 18, 2024
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