Operations: Page 34
-
Hub Group aims to grow logistics segment through acquisitions
The transportation company is poised for the right opportunities and has the financial flexibility to do so, its CFO said.
By Larry Avila • Aug. 8, 2023 -
Yellow’s terminals are for sale as the LTL liquidates. Here’s a list of locations.
The trucking company operates more than 300 facilities in the United States, Canada and Mexico. Many will be on sale as part of bankruptcy proceedings.
By Edwin Lopez , David Taube , Colin Campbell • Aug. 8, 2023 -
XPO reduces damage claims, aims for further improvement
The LTL provider’s damage claims per shipment in June were the best figures in over seven years, CEO Mario Harik said on an earnings call.
By David Taube • Aug. 7, 2023 -
Retrieved from Casey's.Deep Dive
Why C-store chains are all-in on travel centers
Traditional players like Casey's, QuikTrip and RaceTrac are testing the truck stop market for higher margins and EV charging.
By Brett Dworski • Aug. 7, 2023 -
Yellow files for bankruptcy
The company posted notices last month it was ceasing operations.
By Colin Campbell • Updated Aug. 7, 2023 -
Yellow shutdown likely means LTL price increases, analysts say
The low-cost carrier's rivals see an opportunity to bring in loads at higher rates as bankruptcy looms.
By David Taube • Aug. 4, 2023 -
Yellow hit by class-action lawsuit, alleging inadequate notice of layoffs
A laid-off dockworker in California claims the company violated a 60-day notice requirement in the Worker Adjustment and Retraining Notification Act.
By Colin Campbell • Aug. 3, 2023 -
TFI International packaging exec to oversee TForce Freight turnaround
The company is bringing in EVP Bob McGonigal, who heads its Canada-based packaging business, to help turn around its LTL business in the U.S.
By David Taube • Aug. 2, 2023 -
Yellow lays off workforce, plans to liquidate
The LTL carrier said it hoped to complete one or more transactions to prevent the closure but was unable to do so.
By Colin Campbell , David Taube • Aug. 2, 2023 -
Schneider National acquires M&M Transport, targeting dedicated segment growth
The Wisconsin-based carrier projects the deal will grow revenues in its dedicated segment to $1.5 billion.
By Larry Avila • Aug. 2, 2023 -
JB Hunt bolsters green fleet with 13 zero-emissions trucks from Nikola
The carrier says it will deploy its first wave of vehicles on routes in the Phoenix and Los Angeles metropolitan areas.
By Larry Avila • Aug. 2, 2023 -
ArcBest hits $3M cost-reduction goal for asset-light segment
The LTL and logistics provider set the goal the previous quarter after seeing declines in business levels for the segment.
By David Taube • Aug. 1, 2023 -
Paccar projects boost in production for 2023
Despite lingering supply chain issues, the OEM aims to build at least 290,000 Class 8 trucks for the U.S. and Canada market.
By David Taube • Aug. 1, 2023 -
Uber Freight names new head of intermodal
Former Norfolk Southern executive D’Andrae Larry will lead the segment as the company looks to offer shippers lower cost brokerage options.
By Larry Avila • July 31, 2023 -
Yellow ceases operations, bankruptcy expected
The third-largest LTL carrier posted notifications to customers and employees at terminals on Sunday.
By Colin Campbell • July 30, 2023 -
Yellow looks to sell brokerage as bankruptcy looms
The company said multiple parties have expressed interested in acquiring its non-union 3PL subsidiary.
By Colin Campbell • July 28, 2023 -
Old Dominion revenue dips 15% in Q2
The carrier's daily LTL shipments dropped last quarter, but executives were optimistic about a late-July freight upturn.
By Colin Campbell • July 27, 2023 -
Waymo redirects focus to self-driving cars at the expense of trucking
The tech company, under Google parent firm Alphabet, is pushing back its timeline and operations for commercializing autonomous tractor-trailers.
By David Taube • July 27, 2023 -
Retrieved from International Brotherhood of Teamsters on July 25, 2023
Teamsters leaders endorse tentative TForce Freight labor deal
The LTL carrier’s 7,800 union employees will vote on ratification this week.
By Colin Campbell • July 26, 2023 -
Schneider National appoints manufacturing exec to its board of directors
Julie Streich fills a newly created director post for the Wisconsin-based logistics service provider.
By Larry Avila • July 26, 2023 -
Retrieved from Pro-Pac International.
Heavy-hauling specialist MEI expands Southeast presence with Pro-Pac deal
Buying Pro-Pac and affiliate company J&J will bolster the company’s service offerings, MEI CEO Dan Cappello said.
By Larry Avila • July 26, 2023 -
"P.A.M. Transport Truck in Indianapolis" by Luke Coyle is licensed under CC BY-SA 3.0
PAM Transport reports profit decline in Q2
Q2 operating income was $13.8 million, a YoY decrease, but the carrier moved past Q1 headwinds
By David Taube • July 25, 2023 -
XPO promotes finance SVP to CFO
The LTL carrier appointed Kyle Wismans to succeed Carl Anderson, who is leaving next month.
By Colin Campbell • July 25, 2023 -
A. Duie Pyle opens new warehouse and distribution center
The Allentown, Pennsylvania, facility enhances the LTL carrier’s Northeast logistics network.
By Larry Avila • July 25, 2023 -
Marten Transport’s operating efficiency takes another hit
The carrier reported that tough market conditions and higher costs continued in Q2.
By David Taube • July 24, 2023