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David Taube/Trucking Dive
Werner CEO suggests spot market bottomed out in April
“I think we've seen the worst of spot,” CEO Derek Leathers said on an earnings call.
By David Taube • May 5, 2023 -
Courtesy of Yellow
Yellow sees 12% drop in Q1 LTL tonnage
Demand remains relatively flat in the near term due in part to ongoing destocking, CEO Darren Hawkins said on an earnings call.
By Colin Campbell • May 4, 2023 -
Explore the Trendline➔
valio84sl via Getty Images
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 -
Provided by Schneider National
Schneider says deal with CPKC opens door to new opportunities
The Wisconsin-based company is optimistic the partnership will yield additional freight volume between the U.S. and Mexico.
By Larry Avila • May 4, 2023 -
David Taube/Trucking Dive
Knight-Swift will add 11 LTL terminals
The additions for Midwest Motor Express and AAA Cooper Transportation cover states across the Midwest and southern U.S.
By David Taube • May 3, 2023 -
Provided by Cummins Inc.
Walmart, Cummins partner on CNG-powered trucks
The retailer says incorporating alternative fuel vehicles and EVs is a step toward its goal of reaching zero emissions by 2040.
By Larry Avila • May 2, 2023 -
Permission granted by Penske Truck Leasing
Penske to acquire Star Truck Rentals in second deal this year
The company operates more than 1,900 vehicles from 18 locations throughout Michigan and Indiana.
By Colin Campbell • May 2, 2023 -
Courtesy of Old Dominion Freight Line
Old Dominion names operations SVP after losing exec to XPO
The carrier promoted regional sales VP Christopher Kelley to the job.
By Colin Campbell • May 2, 2023 -
FedEx Freight to close 29 locations, furlough more workers
The LTL unit has been cutting costs and streamlining its network as demand continues to decline.
By Max Garland • May 1, 2023 -
Retrieved from Siemens Transportation Group on May 01, 2023
TFI acquires 2 LTL carriers
Siemens Transportation Group and Hot Line Freight Systems are part of a $300 million M&A and buyback strategy this year.
By Colin Campbell • May 1, 2023 -
Provided by Road One
RoadOne acquires Ace Transport Miami
The Florida expansion boosts the logistics provider’s offerings between the U.S. and Latin America for customers.
By Larry Avila • May 1, 2023 -
Retrieved from International Brotherhood of Teamsters on April 20, 2023
‘Too busy with the storm’: TFI says Teamsters talks delay possible ArcBest acquisition
Despite the slowdown in progress, the carrier noted an acquisition "of size" could come later this year.
By Colin Campbell • April 28, 2023 -
Courtesy of Ryder System
Ryder profits hurt again by Bed Bath & Beyond
The distribution management services provider recorded a $30 million asset impairment charge this quarter, a slight increase from Q4.
By David Taube • April 28, 2023 -
Courtesy of Knight-Swift
How Knight-Swift’s deal with US Xpress unfolded
Industry lawyer Mark Scudder played a pivotal role in bringing the two carriers toward the sale, according to a securities filing.
By David Taube • April 28, 2023 -
Permission granted by XPO Logistics
ColumnRecognizing a delivery’s variables can lead to improved profitability
When it comes to the LTL pricing process, always consider the job from beginning to end.
By Lanny Fleming • April 28, 2023 -
Courtesy of Old Dominion Freight Line
Old Dominion tonnage drops nearly 12% as freight rebound forecast dims
With customers sending fewer shipments in a tough economy, the LTL carrier no longer expects a rebound in Q2.
By Colin Campbell • April 27, 2023 -
Provided by C.H. Robinson Worldwide
CH Robinson expects to name new CEO in Q2
The board is seeking a permanent replacement after it ousted former CEO Bob Biesterfeld.
By Larry Avila • April 27, 2023 -
Courtesy of Yellow
Teamsters name labor expert to Yellow board
David Webber, author of “The Rise of the Working-Class Shareholder: Labor’s Best Weapon,” joins the board as the union and carrier spar over its proposed network overhaul.
By Colin Campbell • April 26, 2023 -
"JB Hunt semi-tractors at the company's intermodal facility in Chicago, IL 08-19-2017" by Richard Hurd is licensed under CC BY 2.0
JB Hunt rolls out driver-facing cameras
The Arkansas-based carrier has been piloting the technology for more than a year, and intends to install the cameras across its fleet over the next two years.
By Larry Avila • April 26, 2023 -
Permission granted by Benita Taube
Knight-Swift signs intermodal deal with CPKC
The TL and LTL carrier will link with the newly formed railroad for cross-border operations between Mexico and the U.S.
By David Taube • April 26, 2023 -
Courtesy of Yellow
Yellow accepts Teamsters’ challenge to reopen contract negotiations early
The LTL carrier wants to move forward with its planned sale of 28 terminals and consolidate its separate operating companies.
By Colin Campbell • April 25, 2023 -
Permission granted by Caleb Heeringa/GasLeaks
WM to remove RNG fleet ads in Seattle following complaints from environmental groups
The controversy over branding has exposed fault lines over public perception of renewable natural gas.
By Jacob Wallace • April 25, 2023 -
Provided by NFI through GlobeNewswire.
NFI acquisition expands warehouse, distribution space
The acquisition will expand the company’s footprint in Canada and its reach into the retail sector.
By Larry Avila • April 24, 2023 -
Permission granted by Hyzon Motors
Hyzon hires its 1st COO
Bappa Banerjee, who will oversee the company's end-to-end supply chain and manufacturing operations, is scheduled to start May 1.
By David Taube • April 24, 2023 -
David Taube/Trucking Dive
Knight-Swift reports drops across most segments amid ‘unusually weak’ Q1
LTL was the carrier's sole bright spot, bucking a trend of declining operating income across business areas.
By David Taube • April 21, 2023 -
Provided by Schneider National
Schneider and CPKC ink intermodal deal
The agreement will expand the trucking carrier's access between the Midwest and Mexico.
By Larry Avila • April 21, 2023
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