Operations: Page 13

  • Saia truck
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    Photo provided by Saia. 

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    Saia CFO announces retirement

    Douglas Col will stay on through the end of the year to ensure a smooth transition for his successor.

    By • April 29, 2024
  • A Landstar System truck and trailer.
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    Courtesy of Landstar System
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    ‘Follow the money’: Landstar positions for nearshoring, infrastructure business

    The logistics provider is investing in cross-border and heavy-haul to capture opportunities in the U.S. and Mexico, CEO Frank Lonegro said.

    By • April 29, 2024
  • Driving on open road at beautiful sunny day. Aerial view of highway. Explore the Trendline➔
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    valio84sl via 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
  • Hub Group intermodal Union Pacific train
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    Provided by Union Pacific.

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    Hub Group M&A deal boosts Q1 revenue

    With the integration of the former Forward Air segment in its rearview, CEO Phil Yeager says the company is “back in the market” for more deals.

    By • April 26, 2024
  • A Lew Thompson & Son poultry truck.
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    Courtesy of Lew Thompson & Son Trucking
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    Covenant reports $8M expense related to acquisition

    The Lew Thompson deal came with a contingent consideration expense based on the subsidiary's performance.

    By • April 26, 2024
  • A driver in an Old Dominion Freight Line truck
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    Courtesy of Old Dominion Freight Line via Business Wire
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    Old Dominion has hired 500 workers since September

    Although demand still lags, the LTL giant staffed up “to get ahead of anticipated growth,” CFO Adam Satterfield said.

    By • April 25, 2024
  • Swift trailer hauled on a highway alongside traffic.
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    Permission granted by Benita Taube
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    Knight-Swift limits net loss to $2.6M in Q1

    The trucking giant finally exited a third-party insurance business that has dragged its earnings.

    By • April 25, 2024
  • A Ryder truck.
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    Courtesy of Ryder
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    Ryder notes synergies developing for Cardinal Logistics acquisition

    Total revenue for its dedicated segment in Q1 increased 24% year over year.

    By • April 25, 2024
  • A Volvo VNR Electric charges at the high-powered chargers available to fleets at TEC Equipment, Fontana.
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    Courtesy of Volvo Trucks
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    White House earmarks $1.5B in push for freight decarbonization

    Federal funds will support the electrification of ports and electric truck charging infrastructure, among other projects.

    By • April 24, 2024
  • A Kodiak Robotics truck is linked to a Forward Air trailer.
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    Courtesy of PR Newswire
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    Forward Air hires longtime CEVA Logistics exec as CEO

    Shawn Stewart succeeds Tom Schmitt in leading the LTL following its messy acquisition of Omni Logistics.

    By • April 24, 2024
  • An Aurora tractor-trailer drives without a human driver, navigating a turn at TRC Ohio, a private test track
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    Permission granted by Aurora
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    ​​​​​​​Aurora trucks without drivers reach highway speeds on test track

    Testing reached 75 mph at a facility in Ohio, the company told Trucking Dive.

    By • April 24, 2024
  • A Heartland Express truck takes a trip on the road.
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    "HeartLand Express" by Chris Yarzab is licensed under CC BY 2.0
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    Heartland Express posts $15 million operating loss

    The carrier’s earnings were hit by a combination of extended weak demand, extreme weather and rising operating costs, CEO Mike Gerdin said.

    By • April 23, 2024
  • P.A.M. Transportation has acquired Metropolitan Trucking for $77.4 million.
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    "P.A.M. Transport Truck in Indianapolis" by Luke Coyle is licensed under CC BY-SA 3.0
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    PAM Transportation Services posts operating loss for Q1

    The company’s TL operating ratio was 104.2% for the quarter.

    By • April 22, 2024
  • Schneider National intermodal truck road
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    Provided by Schneider National 

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    How Schneider National tapped into shipper needs post-Baltimore bridge collapse

    Following a wave of freight rerouting requests, a quickly deployed email campaign gave the carrier’s drayage and other logistics services a boost.

    By • April 22, 2024
  • The exterior of a former Yellow Corp. truck terminal in Landover, Maryland, that was acquired by XPO at a bankruptcy auction.
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    Colin Campbell/Trucking Dive
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    XPO, Estes, Saia begin to reopen Yellow’s former terminals

    Remaining LTL players are incorporating the bankrupt carrier’s properties into their networks after scooping up its freight and assets last year.

    By • April 19, 2024
  • Individuals work on computers.
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    Giselleflissak via Getty Images
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    Employers worry training won’t keep pace with tech advancement

    Business leaders responding to a survey said it’s never been so hard to plan for future talent requirements.

    By Carolyn Crist • April 19, 2024
  • ITS Logistics
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    Courtesy of ITS Logistics
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    Federal FLOW program welcomes more trucking members

    ITS Logistics and RoadEx America joined the Department of Transportation initiative to better share data across supply chains.

    By • April 18, 2024
  • Salvage crews continue to remove wreckage from the cargo ship Dali after the collapse of the Francis Scott Key Bridge in the Patapsco River.
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    Kent Nishimura/Getty Images via Getty Images
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    Transportation modes absorb pressures after Baltimore bridge collapse

    Delays, congestion and diversions are occurring, but supply chains are showing their resiliency.

    By • April 17, 2024
  • Overhead view of J.B. Hunt trucks at industrial facility
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    Permission granted by J.B. Hunt
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    J.B. Hunt operating income falls 30% YoY in Q1

    The carrier’s brokerage unit was the lone bright spot in an otherwise dismal quarter.

    By • April 17, 2024
  • A U.S. Xpress tractor-trailer on the highway.
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    Permission granted by Benita Taube
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    Knight-Swift rejects unsustainable rates, projects earnings hit

    The carrier revised its Q1 financials amid demand, overcapacity and weather woes.

    By • April 17, 2024
  • Kodiak Robotics is developing an autonomous electric truck.
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    Courtesy of Kodiak Robotics
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    Kodiak promotes senior strategist to chief of staff

    The tech startup promoted Lauren Harper as it seeks to ramp up operations this year.

    By • April 17, 2024
  • TFI International office
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    Provided by TFI International

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    Clarke Transport executive to lead 2 more TFI subsidiaries

    Kevin Tait, president of the Canada LTL subsidiary, will also oversee Vitran Express and National Fast Freight.

    By • April 16, 2024
  • Labrie CNG vehicles in a parking lot
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    Permission granted by Labrie Group
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    CNG trucks enjoy mainstream popularity in waste fleets

    Despite the attention on EV vehicles, demand is growing for compressed natural gas as an alternative to diesel, waste companies say.

    By Barbara Hesselgrave • April 16, 2024
  • An aerial image of downtown shows flood-affected areas June 13, 2008 of Cedar Rapids, Iowa.
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    David Greedy/Getty Images via Getty Images
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    FHWA gives $830M in grants to fight against climate change

    A bridge replacement in Iowa and roadway project in South Dakota are receiving the most money among the 80 funding recipients.

    By • April 15, 2024
  • A Nikola hydrogen fuell cell electric vehicle (right) next to another truck.
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    Courtesy of Nikola
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    Nikola moves toward hydrogen fuel cell electric truck production target

    The company has an annual goal to deliver 300 to 350 such trucks this year.

    By • April 15, 2024
  • A U.S. Department of Labor sign is see outside the agency.
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    Kate Tornone/Trucking Dive
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    Final overtime rule clears White House review

    DOL’s proposed rule, if adopted, would increase the minimum annual salary threshold that determines overtime pay eligibility under the Fair Labor Standards Act from $35,568 to $55,068.

    By Ryan Golden • April 15, 2024