Operations: Page 50

  • CH Robinson rooftop central Chicago office
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    Provided by C.H. Robinson 

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    CH Robinson expects headcount reductions to drive $100M in savings

    The company had 1,000 fewer employees in Q1 than the previous quarter.

    By • May 11, 2023
  • A Werner tractor-trailer on a highway alongside passenger traffic.
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    The image by Dwight Burdette is licensed under CC BY 3.0
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    Werner expects $34M in annualized savings in fuel, labor initiatives

    Cost-reduction efforts could gain momentum in Q2, CEO Derek Leathers said.

    By • May 10, 2023
  • Driving on open road at beautiful sunny day. Aerial view of highway. Explore the Trendlineâž”
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    Getty Images
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    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 Nikola Tre BEV electric truck in a city.
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    Courtesy of https://nikolamotor.com/newsroom
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    Nikola pauses EV truck production in Arizona

    The move comes as the OEM sells its stake in a joint venture in Europe to focus on the North American market.

    By • May 10, 2023
  • Great Plains Transport family owned small trucking firm independent
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    Provided by Great Plains Transport

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    Great Plains Transport expands executive team

    The North Dakota-based reefer and brokerage recently hired a central operations director, business development leader and chief growth officer.

    By • May 9, 2023
  • Hub Group Freightliner eCascadia shipping container
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    Provided by Hub Group Inc. 

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    Hub Group says CN rail alliance to accelerate intermodal, shipping speed

    President and CEO Phil Yeager says the new cross-border service is drawing interest from customers and could reduce costs.

    By • May 8, 2023
  • A freight truck outside a warehouse.
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    Courtesy of ArcBest
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    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.
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    David Taube/Trucking Dive
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    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
  • A Yellow Corp. truck at a terminal.
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    Courtesy of Yellow
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    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
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    Provided by Schneider National 

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    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.
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    David Taube/Trucking Dive
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    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
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    Provided by Cummins Inc.

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    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.
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    Permission granted by Penske Truck Leasing
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    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
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    Courtesy of Old Dominion Freight Line
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    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.
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    "Fedex Freight" by Tomás Del Coro is licensed under CC BY-SA 2.0
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    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.
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    Retrieved from Siemens Transportation Group on May 01, 2023
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    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
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    Provided by Road One 

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    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.
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    Retrieved from International Brotherhood of Teamsters on April 20, 2023
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    ‘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.
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    Courtesy of Ryder System
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    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.
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    Courtesy of Knight-Swift
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    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
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    Permission granted by XPO Logistics
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    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
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    Courtesy of Old Dominion Freight Line
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    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
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    Provided by C.H. Robinson Worldwide

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    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.
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    Courtesy of Yellow
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    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.
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    "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
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    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.
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    Permission granted by Benita Taube
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    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