Operations: Page 70
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Preparing for hurricane season during a pandemic
Prioritizing worker safety, reviewing insurance policies and having supply chain visibility will help fleets prepare for the two risk events, experts say.
By Jen A. Miller • May 12, 2020 -
How did carriers fare in Q1? A roundup of top fleets' earnings results
The first quarter of 2020 painted an early picture of the coronavirus crisis' effects on the North American trucking market.
By Shefali Kapadia • Updated May 12, 2020 -
Amazon Freight expands to 48 states, furthering control of its logistics network
The majority of carriers and brokers viewed Amazon's entry to freight hauling negatively, fearing it would push down dry van spot rates.
By Jim Stinson • May 7, 2020 -
Plunging diesel prices offer fleets relief — but it may not last
Trucking experts don't see diesel offsetting costs long term because it's always a cycle, and low diesel consumption indicates freight volumes are slowing.
By Jim Stinson • May 7, 2020 -
XPO CEO: E-commerce 'saved us in April'
The company expects some coronavirus-driven consumer habits to continue after the pandemic, XPO CEO Bradley Jacobs said.
By Matt Leonard • May 6, 2020 -
Trucking demand craters, rates follow
Spot rates fell across reefer, flatbed and van in April, but analysts expect a swing back to a carrier's market heading into 2021.
By Matt Leonard • May 6, 2020 -
Michelle Rock/Trucking Dive
Deep Dive7 charts show how coronavirus spikes and dips US truck activity
From panic-buying to closed state economies, the pandemic has taken the trucking industry on a roller coaster ride.
By S.L. Fuller • May 5, 2020 -
117 trucking groups push for temporary excise tax repeal in next round of federal relief
Because the FET is part of the Highway Trust Fund, any suspension of the tax is bound to come up in talks over an infrastructure bill.
By Jim Stinson • April 30, 2020 -
Daimler expected normalization of the truck market in Q1, and then came coronavirus
OEMs already anticipated lower production, because fleets had bought so many units during the freight boom of 2017-2018.
By Jim Stinson • April 30, 2020 -
Schneider's Q1 benefits from dropping last-mile service
The carrier is seeing signs of the economy beginning to recover, CEO Mark Rourke said.
By Jim Stinson • April 30, 2020 -
Courtesy of Werner
Werner's early bet on retail and food pays off in Q1
The carrier used criteria developed by major credit rating agencies to assess industries' risks and classified its 100 largest customers into categories of low risk, moderate risk and high risk.
By Jim Stinson • April 29, 2020 -
UPS Freight takes $10M hit from coronavirus, sees slight rebound in Asia
International air freight tonnage rebounded in March and was up more than 15%, "primarily on Asia outbound lanes, as the China recovery took hold," UPS' CFO said.
By Jim Stinson • April 29, 2020 -
20K signatures: Calls grow for targeted federal relief
A KeepTruckin petition calls for targeted economic relief for insurance and truck payment costs, as officials warn of a "freight cliff" that could leave small carriers with inadequate liquidity to survive past the coronavirus crisis.
By Jim Stinson • April 28, 2020 -
FourKites: Data can help prepare for delays as New York City dwell times surge
Although the data is available, fleets are still in the process of transitioning to artificial intelligence to sort through the incoming gigabytes of information per hour, and make simple recommendations to drivers and dispatch offices.
By Jim Stinson • April 27, 2020 -
Volvo to restart production at 'low levels' as OEMs face slumping market
Fleets are hitting pause on buying during the coronavirus pandemic, meaning truck manufacturers have to manage a new, troublesome environment.
By Jim Stinson • April 27, 2020 -
Coca-Cola reports border bottlenecks, touts localized supply chain to keep products flowing
As health screenings and policy changes slow traffic at border crossings around the world, Coca-Cola's ingredients are facing delays en route to plants.
By Emma Cosgrove • April 27, 2020 -
Knight-Swift's essential goods mix up to 72% in Q1
Experts are unsure essential goods are the tide that will lift trucking during the pandemic, because food, paper products and other items are only so much of the freight market.
By Jim Stinson • April 23, 2020 -
Courtesy of Old Dominion Freight Line
Old Dominion touts price discipline, holds firm on rates in Q1
The LTL firm is not witnessing market share loss in any part of the United States, the CFO said.
By Jim Stinson • April 23, 2020 -
Courtesy of Landstar
Landstar: Industrial load declines like 'nothing experienced in the history of the company'
Company officials mentioned April, a month not yet reported, as seeing serious drop in automotive freight.
By Jim Stinson • April 23, 2020 -
Paccar Parts has record-setting Q1 while truck sales dip
Increased shipments of medical supplies, food, infrastructure materials and goods stimulated parts demand in the first quarter of 2020.
By Jim Stinson • April 21, 2020 -
Permission granted by Walmart
Coronavirus pushes fleets to rethink the last mile
The pandemic has thrown a wrench into route optimization planning and could accelerate e-commerce in the long term.
By Jim Stinson • April 21, 2020 -
PPE shortages, driver health spell further trouble for trucking
FEMA, Congress, industry groups and fleets have flagged the health of drivers as a growing concern as the coronavirus persists.
By Jim Stinson • Updated April 21, 2020 -
FTR: Tough trucking conditions to persist until 2021
Trailer orders dropped 54% in March, and volumes and rates could hit bottom in April and May, said FTR.
By Jim Stinson • April 17, 2020 -
XPO CEO is a 'mega-bull' in the long term, despite coronavirus
Brad Jacobs, XPO CEO, said 2020 will be a lost year for earnings, but big things will follow.
By Jim Stinson • April 16, 2020 -
Coronavirus prompts JB Hunt to reallocate resources
The carrier saw Q1 revenue rise as the COVID-19 pandemic spiked trucking demand, but CEO John Roberts anticipates "near-term turbulence."
By Jim Stinson • April 15, 2020
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