Operations: Page 87
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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 -
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 -
Explore the Trendlineâž”
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TrendlineTop 5 stories from Trucking Dive
These five stories detail the top trends and issues facing the trucking and transportation industry.
By Trucking Dive staff -
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 -
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 -
March TL linehaul rates lowest since 2009, Cass says
Shipper spending on transport fell 8% in March, and Cass said it expects transport pricing to remain low through May.
By S.L. Fuller • April 15, 2020 -
FedEx Freight furloughs undisclosed number of workers
FedEx officials said the action was due to the economic impact of COVID-19, and was necessary "to protect the financial stability of the company."
By Jim Stinson • April 14, 2020 -
Deep Dive
Coronavirus slowdowns and shutdowns: What's next for trucking?
With COVID-19 cases reaching peak in parts of the U.S., fleet executives turn their attention to post-pandemic demand.
By Jim Stinson • April 14, 2020 -
After March panic peak, load volume returning to normal
Coronavirus-driven demand boosted trucks in March, but now load normalcy may be returning.
By Jim Stinson • April 13, 2020 -
Lower oil and diesel prices are a mixed bag for trucking
Cheap oil could mean layoffs for some fleets.
By Jim Stinson • April 9, 2020 -
WTO predicts dismal trade levels in 2020, spelling trouble for intermodal, owner-operators
Optimistically, global trade would decline by 13% year over year. In a pessimistic outlook, the decline is 32% or more YoY.
By S.L. Fuller • April 9, 2020 -
Imports reach 5-year low, signaling drop in demand for transport
The National Retail Federation expects below-normal import volumes through early summer and said cargo could sit longer than usual at ports.
By Shefali Kapadia • April 9, 2020 -
Consumer demand pushes March truck levels above February
COVID-19 has kept trucks busy, but are rates dropping?
By Jim Stinson • April 8, 2020 -
Shutdown-impacted businesses taking PPP loans may risk losing CARES Act tax benefits
Until rules are released, it's not clear paying expenses with stimulus loan funds will help a business come tax time.
By Robert Freedman • April 7, 2020 -
Transportation bottlenecks snarl inputs to food supply chains
Truck driver shortages, port personnel heath checks and other obstacles related to COVID-19 containment and mitigation efforts are keeping grain and other commodity supply chains from flowing normally.
By Emma Cosgrove • April 7, 2020 -
Fleets breeze along highways but get hit with longer dwell times
During the coronavirus crisis, shippers' best efforts at planning are falling short, with unachievable appointment times up 18% in March compared to February, according to a FourKites' CTO.
By Jim Stinson • April 6, 2020 -
Coronavirus drives fleets toward tech for training, recruitment
COVID-19 gives no rest to fleets from the crucial task of recruiting and training drivers and has pushed carriers to move the processes online.
By Jim Stinson • April 6, 2020 -
Daimler limits production as Paccar, Mack extend shutdowns
Market forces and social distancing are keeping OEMs offline longer than anticipated.
By Jim Stinson • Updated April 7, 2020 -
Roadrunner thins down to asset-light LTL with sale of Stagecoach
The carrier identified its sell-off strategy as a way to simplify its portfolio and become a leaner LTL company, a trend visible at other firms too.
By Jim Stinson • April 3, 2020 -
Mack, Daimler offer fleets finance programs to keep cash flowing
The programs aim to help fleets make buying decisions in the middle of a pandemic.
By Jim Stinson • April 1, 2020 -
COVID-19 treatment, tests could increase employers' 2020 healthcare costs by 7%
Costs per infected person were estimated at $250 for mild cases, $2,500 for moderate cases, $30,000 for severe cases and close to $100,000 for catastrophic cases.
By Ryan Golden • April 1, 2020 -
MoneyBlogNewz. (2010). "Competition in Shipping" [Photograph]. Retrieved from Flikr.
UPS, FedEx suspend service guarantees citing coronavirus impact
UPS declined to "speculate about future policies" when asked if it is considering a force majeure declaration and if the service guarantee will return after the COVID-19 crisis resolves.
By Emma Cosgrove • April 1, 2020