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Mountain Express fuel supply cutoff costs retailers millions
Two more convenience store operators have accused the bankrupt oil company of nearly shutting down their businesses.
By Brett Dworski • Aug. 23, 2023 -
Trucking peak season optimism moderated by uncertain consumer demand
“I don’t have any customers really predicting a significant peak season,” J.B. Hunt Intermodal President Darren Field said at an investor conference.
By David Taube • Aug. 23, 2023 -
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 -
Maverik accepting Comdata fleet and fuel cards
The move expands payment options for truck drivers.
By Jessica Loder • Aug. 22, 2023 -
TransAm Trucking names new president, CFO
The Kansas-based reefer, dedicated and drayage services provider announced the appointments earlier this month.
By Larry Avila • Aug. 22, 2023 -
Railroads, car haulers scramble to meet auto delivery demands
Automakers have complained of delayed vehicle deliveries to dealerships. Rail carriers say they are fixing the problems, while trucking tries to seize an opportunity.
By Larry Avila • Aug. 21, 2023 -
Ripple effect of Yellow’s collapse spreads across LTL market
As much as half of Yellow’s freight could go to carriers outside the top 10, analysts wrote in a research note.
By David Taube • Aug. 18, 2023 -
Werner aims to further reduce spot market exposure
The carrier has lowered its spot market usage in recent weeks, as companies remain cautious amid soft demand.
By David Taube • Aug. 17, 2023 -
Column
LTL’s slow, fragmented approach to evolving with tech
A divided industry lost out on opportunities. But the days of slow machines are gone — and it's time for outdated thinking to go, too.
By Lanny Fleming • Aug. 17, 2023 -
Yellow’s top 30 unsecured creditors may see little or no money
The government’s estimated 30% stake in the bankrupt company puts it first in line for funds raised through sales of the LTL carrier’s assets, an expert says.
By Larry Avila • Aug. 16, 2023 -
Heartland Express projects Q3 challenges
Following a contracted Q2, the carrier faces difficulties this quarter but could see demand improve in Q4, CEO Mike Gerdin said.
By David Taube • Aug. 16, 2023 -
Forward Air merging with Omni Logistics
The Tennessee-based LTL, TL and brokerage services provider would double in size if regulators approve the deal.
By Larry Avila • Aug. 15, 2023 -
USDA proposes higher fees for agricultural import inspections
The agency says it's struggling to make enough revenue to cover the cost of ensuring cargo is free of pests or diseases that could disrupt the U.S. food system.
By Sarah Zimmerman • Aug. 15, 2023 -
Northeast shipments plummet as housing starts, consumption drop
The region saw a historic drop while the Southwest had a nearly 15% increase, according to a bank index.
By David Taube • Aug. 15, 2023 -
Daimler Truck CFO died of wasp sting: reports
The company’s chairman and CEO will temporarily assume CFO duties while Daimler searches for a successor to former finance chief Jochen Goetz.
By Grace Noto • Aug. 15, 2023 -
Cash reserves running out for many trucking firms, Werner says
Smaller firms could exit the market more frequently amid higher fuel prices and other costs as well as depressed volumes, according to industry players.
By David Taube • Aug. 14, 2023 -
LTL competitors boast volume gains amid Yellow’s exit
Diverted freight in the wake of the carrier's demise led to a 10% rise in ArcBest's LTL volumes. Saia, TForce Freight and XPO are also seeing growth as a result.
By Colin Campbell • Aug. 14, 2023 -
Canada-based Titanium Transportation Group acquires US truckload carrier
The Bolton, Ontario, transportation firm paid another $6 million for Crane Transport’s Georgia and Alabama terminals.
By Larry Avila • Aug. 11, 2023 -
Truckload carriers project some seasonal uplift
Knight-Swift, Schneider and Werner recently projected a mix of challenges in Q3 and potential improvement in Q4.
By David Taube • Aug. 10, 2023 -
Yellow stock to be delisted by Nasdaq next week
Yellow, which has filed for bankruptcy, reported a $14.7 million net loss in Q2.
By Colin Campbell • Aug. 10, 2023 -
Event recap
4 supply chain insights for the second half of 2023
Experts gave tips on economic metrics to watch and how to assess producers’ readiness to nearshore during the live event “Supply Chain Outlook: Trends and Risks To Watch.”
By Edwin Lopez • Aug. 9, 2023 -
GSC expands with acquisition of transload specialist
The deal expands the California-based 3PL’s warehousing and distribution capacity in the Pacific Northwest.
By Larry Avila • Aug. 9, 2023 -
Yellow bankruptcy: 7 takeaways from court filings
Analysts noted terminals will play a central role in the company’s shutdown.
By David Taube • Aug. 8, 2023 -
Hub Group aims to grow logistics segment through acquisitions
The transportation company is poised for the right opportunities and has the financial flexibility to do so, its CFO said.
By Larry Avila • Aug. 8, 2023 -
Yellow’s terminals are for sale as the LTL liquidates. Here’s a list of locations.
The trucking company operates more than 300 facilities in the United States, Canada and Mexico. Many will be on sale as part of bankruptcy proceedings.
By Edwin Lopez , David Taube , Colin Campbell • Aug. 8, 2023 -
XPO reduces damage claims, aims for further improvement
The LTL provider’s damage claims per shipment in June were the best figures in over seven years, CEO Mario Harik said on an earnings call.
By David Taube • Aug. 7, 2023