Operations: Page 70
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Truck movement declines across US after July 4th, businesses close again
The up-down pattern of trucking movement makes the market unpredictable.
By Shefali Kapadia • July 13, 2020 -
JB Hunt agrees to $6.5M settlement for California driver misclassification
Former J.B. Hunt contractors could get an average $20,000 settlement if a federal court approves the mediation for the 312 drivers.
By Jim Stinson • July 13, 2020 -
XPO relies on data to help prevent workplace coronavirus spread
Findings indicate technology is being used as fervently as soap and water, in efforts to prevent spread and avoid hot spots.
By Jim Stinson • July 10, 2020 -
Driver concerns top executives' priorities, even during the coronavirus
Experts agreed the pandemic has done little to change executives' and drivers' main focuses, which include shortages and retention.
By Jim Stinson • July 9, 2020 -
The image by Wikimedia Commons is licensed under CC BY-SA 4.0
Werner expands big and bulky final-mile service into Canada
Though last-mile logistics is a growing segment, it isn't always a winning strategy.
By S.L. Fuller • July 9, 2020 -
Surging jury awards and 3rd-party litigation hike insurance premiums, hit trucking profits
Despite double-digit increases in premiums for fleets, commercial automotive insurers lost $4 billion in 2019, the worst loss in 10 years.
By Jim Stinson • July 8, 2020 -
6 considerations for firms bringing employees back to the office
Experts advised employers to heed government guidance while prioritizing workers' health and open communication.
By Katie Clarey , Aman Kidwai , Kathryn Moody • July 8, 2020 -
Brand strategy jumps higher on priority lists as firms slash budgets
Whether firms are recruiting drivers or drumming up interest in new equipment, marketing remains a necessary aspect of business strategy — even as market conditions remain uncertain.
By Robert Williams • July 7, 2020 -
June Class 8 orders, job growth show fleets' increasing confidence
Rising freight rates in May and June helped fuel Class 8 orders, which analysts expect to exceed 10,000 through the summer.
By Jim Stinson • July 7, 2020 -
YRC/Yellow's survival tale
YRC gets $700M CARES Act loan, Treasury takes 30% stake in carrier
The loan issuance follows quarters of financial struggles for the carrier, and the funds will go toward pension funds, employee healthcare and capital investments.
By Shefali Kapadia • Updated July 8, 2020 -
Lawsuit worries heighten as awards increase, social-distancing measures lift
Tort cases are top of mind, though related financial burdens and rising insurance costs are industry concerns beyond the pandemic.
By Jim Stinson • July 1, 2020 -
FedEx Freight, Ground collaborate on linehaul, intermodal work
The pandemic hit FedEx across all segments, causing revenues to shrink, according to the company's Q4 earnings report.
By Jim Stinson • July 1, 2020 -
Cass: Volumes won't return to pre-pandemic levels until 2021
The scale and timing of recovery depend largely on uncertain customer demand amid spiking coronavirus infection rates in many states.
By Matt Leonard • July 1, 2020 -
TFI acquires 3rd Comcar business in $6.8M deal for CCC Transportation
The Montreal-based carrier has been in a growth spurt, acquiring firms to expand U.S. and Canadian trucking operations and closing its IPO in February.
By S.L. Fuller • Updated Sept. 9, 2020 -
Tesla Semi delivers Teslas as Musk wades into auto-hauling business
The auto-hauling sector has no capacity issues, but Tesla's chief is keeping a promise he made in 2018: Build a fleet to move Model 3 cars.
By Jim Stinson • June 30, 2020 -
Maintenance costs become a 'permanent headwind,' up 30%
Tires are usually the No. 1 problem for the three carrier categories, but FleetNet and TMC reported for the first time the truckload segment didn't see this trend.
By Jim Stinson • June 29, 2020 -
Trucking braces for next phase of coronavirus
Wave, sequel or fade: Trucking officials say March prepared them for a new possible spate of infections and shutdowns.
By Jim Stinson • June 29, 2020 -
Trucking shows relative resistance to pandemic as rates, volumes rise during recession
Improved spot rates and volumes are fueling growing confidence, despite concern the health and full recovery of the industry are still in question.
By Jim Stinson • June 25, 2020 -
State of logistics: Expect carrier cutbacks, bankruptcies
Fleets must adapt to a volatile market by increasing asset utilization and diversifying revenue mix, according to CSCMP's annual report.
By S.L. Fuller • June 23, 2020 -
Opinion
A well-planned Chapter 11 can save a fleet
"Chapter 11 is intended to enable companies to restructure debts and to reorganize and revitalize their businesses. But preplanning and speed are key," the authors write.
By Kenneth A. Rosen Mary E. Seymour Philip J. Gross • June 22, 2020 -
FMC: Trucks should return empties to pickup terminal, increasing dual transactions
The process would boost driver productivity and reduce congestion at the ports of Los Angeles and Long Beach.
By S.L. Fuller • June 19, 2020 -
'The virus is not done with us': Carriers foresee lingering COVID-19 challenges
Trucking firms are likely struggling with lack of freight, closed customers, low rates and driver absenteeism, Morgan Stanley said.
By Jim Stinson • June 19, 2020 -
Retrieved from Los Angeles Cleantech Incubator on June 16, 2020
California to pilot zero-emissions delivery zone
Local leaders in Santa Monica said the pilot program in the city's downtown commercial core will help them achieve ambitious emissions goals by 2028.
By Chris Teale • June 17, 2020 -
How XPO, Estes kept workers safe and planned around coronavirus
Communication and technology have become big parts of the new normal for trucking, executives said.
By Jim Stinson • June 17, 2020 -
The image by TruckPR is licensed under CC BY-ND 2.0
Pandemic accelerates fleets toward electronic BOLs, PODs
Carriers and shippers have adopted new ways of signing paperwork at the loading dock to maintain social distance.
By Heather Larson • June 15, 2020