Operations: Page 43

  • A freight truck outside a warehouse.
    Image attribution tooltip
    Courtesy of ArcBest
    Image attribution tooltip

    Trucking execs share weak Q2 outlook

    Knight-Swift, Old Dominion and other carriers remain uncertain as to when demand will improve.

    By , , • May 8, 2023
  • A Werner trailer is hauled on an interestate.
    Image attribution tooltip
    David Taube/Trucking Dive
    Image attribution tooltip

    Werner CEO suggests spot market bottomed out in April

    “I think we've seen the worst of spot,” CEO Derek Leathers said on an earnings call.

    By • May 5, 2023
  • Driving on open road at beautiful sunny day. Aerial view of highway. Explore the Trendline➔
    Image attribution tooltip
    valio84sl via Getty Images
    Image attribution tooltip
    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
  • A Yellow Corp. truck at a terminal.
    Image attribution tooltip
    Courtesy of Yellow
    Image attribution tooltip

    Yellow sees 12% drop in Q1 LTL tonnage

    Demand remains relatively flat in the near term due in part to ongoing destocking, CEO Darren Hawkins said on an earnings call.

    By • May 4, 2023
  • Schneider National intermodal rail yard
    Image attribution tooltip

    Provided by Schneider National 

    Image attribution tooltip

    Schneider says deal with CPKC opens door to new opportunities

    The Wisconsin-based company is optimistic the partnership will yield additional freight volume between the U.S. and Mexico.

    By • May 4, 2023
  • A Knight Transportation trailer is hauled on I-95 in Virginia in April 2023.
    Image attribution tooltip
    David Taube/Trucking Dive
    Image attribution tooltip

    Knight-Swift will add 11 LTL terminals

    The additions for Midwest Motor Express and AAA Cooper Transportation cover states across the Midwest and southern U.S.

    By • May 3, 2023
  • Walmart Cummins CNG natural gas
    Image attribution tooltip

    Provided by Cummins Inc.

    Image attribution tooltip

    Walmart, Cummins partner on CNG-powered trucks

    The retailer says incorporating alternative fuel vehicles and EVs is a step toward its goal of reaching zero emissions by 2040. 

    By • May 2, 2023
  • A Penske Truck Leasing box truck.
    Image attribution tooltip
    Permission granted by Penske Truck Leasing
    Image attribution tooltip

    Penske to acquire Star Truck Rentals in second deal this year

    The company operates more than 1,900 vehicles from 18 locations throughout Michigan and Indiana.

    By • May 2, 2023
  • An Old Dominion Freight Line truck pulls two trailers
    Image attribution tooltip
    Courtesy of Old Dominion Freight Line
    Image attribution tooltip

    Old Dominion names operations SVP after losing exec to XPO

    The carrier promoted regional sales VP Christopher Kelley to the job.

    By • May 2, 2023
  • A FedEx Freight truck on the road on Oct. 21, 2021.
    Image attribution tooltip
    "Fedex Freight" by Tomás Del Coro is licensed under CC BY-SA 2.0
    Image attribution tooltip

    FedEx Freight to close 29 locations, furlough more workers

    The LTL unit has been cutting costs and streamlining its network as demand continues to decline.

    By • May 1, 2023
  • Trucks are parked in a Siemens Transportation Group promotional illustration.
    Image attribution tooltip
    Retrieved from Siemens Transportation Group on May 01, 2023
    Image attribution tooltip

    TFI acquires 2 LTL carriers

    Siemens Transportation Group and Hot Line Freight Systems are part of a $300 million M&A and buyback strategy this year.

    By • May 1, 2023
  • RoadOne Savannah Georgia port container
    Image attribution tooltip

    Provided by Road One 

    Image attribution tooltip

    RoadOne acquires Ace Transport Miami

    The Florida expansion boosts the logistics provider’s offerings between the U.S. and Latin America for customers.

    By • May 1, 2023
  • The Teamsters National Freight Industry Negotiating Committee kicked off negotiations with ABF Freight in March.
    Image attribution tooltip
    Retrieved from International Brotherhood of Teamsters on April 20, 2023
    Image attribution tooltip

    ‘Too busy with the storm’: TFI says Teamsters talks delay possible ArcBest acquisition

    Despite the slowdown in progress, the carrier noted an acquisition "of size" could come later this year.

    By • April 28, 2023
  • Ryder offers the largest network of used commercial vehicles for sale in the U.S., with 60 Used Truck Center (UTC) locations offering more than 4,000 pre-owned trucks, vans, and trailers for sale.
    Image attribution tooltip
    Courtesy of Ryder System
    Image attribution tooltip

    Ryder profits hurt again by Bed Bath & Beyond

    The distribution management services provider recorded a $30 million asset impairment charge this quarter, a slight increase from Q4.

    By • April 28, 2023
  • A Swift trailer is in a parking area.
    Image attribution tooltip
    Courtesy of Knight-Swift
    Image attribution tooltip

    How Knight-Swift’s deal with US Xpress unfolded

    Industry lawyer Mark Scudder played a pivotal role in bringing the two carriers toward the sale, according to a securities filing.

    By • April 28, 2023
  • XPO Logistics LTL service center in Chicago Heights, Illinois
    Image attribution tooltip
    Permission granted by XPO Logistics
    Image attribution tooltip
    Column

    Recognizing a delivery’s variables can lead to improved profitability

    When it comes to the LTL pricing process, always consider the job from beginning to end.

    By • April 28, 2023
  • An Old Dominion Freight Line truck pulls two trailers
    Image attribution tooltip
    Courtesy of Old Dominion Freight Line
    Image attribution tooltip

    Old Dominion tonnage drops nearly 12% as freight rebound forecast dims

    With customers sending fewer shipments in a tough economy, the LTL carrier no longer expects a rebound in Q2.

    By • April 27, 2023
  • CH Robinson corporate HQ
    Image attribution tooltip

    Provided by C.H. Robinson Worldwide

    Image attribution tooltip

    CH Robinson expects to name new CEO in Q2

    The board is seeking a permanent replacement after it ousted former CEO Bob Biesterfeld.

    By • April 27, 2023
  • A Yellow Corp. truck on the road.
    Image attribution tooltip
    Courtesy of Yellow
    Image attribution tooltip

    Teamsters name labor expert to Yellow board

    David Webber, author of “The Rise of the Working-Class Shareholder: Labor’s Best Weapon,” joins the board as the union and carrier spar over its proposed network overhaul.

    By • April 26, 2023
  • A line of J.B. Hunt tractors.
    Image attribution tooltip
    "JB Hunt semi-tractors at the company's intermodal facility in Chicago, IL 08-19-2017" by Richard Hurd is licensed under CC BY 2.0
    Image attribution tooltip

    JB Hunt rolls out driver-facing cameras

    The Arkansas-based carrier has been piloting the technology for more than a year, and intends to install the cameras across its fleet over the next two years.

    By • April 26, 2023
  • Swift trailer hauled on a highway alongside traffic.
    Image attribution tooltip
    Permission granted by Benita Taube
    Image attribution tooltip

    Knight-Swift signs intermodal deal with CPKC

    The TL and LTL carrier will link with the newly formed railroad for cross-border operations between Mexico and the U.S.

    By • April 26, 2023
  • A Yellow Corp. truck is parked in Montana.
    Image attribution tooltip
    Courtesy of Yellow
    Image attribution tooltip

    Yellow accepts Teamsters’ challenge to reopen contract negotiations early

    The LTL carrier wants to move forward with its planned sale of 28 terminals and consolidate its separate operating companies.

    By • April 25, 2023
  • A WM truck with branding on its side that reads, "Breathe clean, Seattle; Powered by renewable natural gas."
    Image attribution tooltip
    Permission granted by Caleb Heeringa/GasLeaks
    Image attribution tooltip

    WM to remove RNG fleet ads in Seattle following complaints from environmental groups

    The controversy over branding has exposed fault lines over public perception of renewable natural gas.

    By Jacob Wallace • April 25, 2023
  • NFI electric trucks EVs
    Image attribution tooltip

    Provided by NFI through GlobeNewswire.

    Image attribution tooltip

    NFI acquisition expands warehouse, distribution space

    The acquisition will expand the company’s footprint in Canada and its reach into the retail sector.

    By • April 24, 2023
  • A Hyzon truck on a road in California.
    Image attribution tooltip
    Permission granted by Hyzon Motors
    Image attribution tooltip

    Hyzon hires its 1st COO

    Bappa Banerjee, who will oversee the company's end-to-end supply chain and manufacturing operations, is scheduled to start May 1.

    By • April 24, 2023
  • A Knight Transportation trailer is hauled on I-95 in Virginia in April 2023.
    Image attribution tooltip
    David Taube/Trucking Dive
    Image attribution tooltip

    Knight-Swift reports drops across most segments amid ‘unusually weak’ Q1

    LTL was the carrier's sole bright spot, bucking a trend of declining operating income across business areas.

    By • April 21, 2023