Operations: Page 33
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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 But the days of slow machines are gone — and it's time for outdated thinking to go, too.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 -
Retrieved from Casey's.Deep Dive
Why C-store chains are all-in on travel centers
Traditional players like Casey's, QuikTrip and RaceTrac are testing the truck stop market for higher margins and EV charging.
By Brett Dworski • Aug. 7, 2023 -
Yellow files for bankruptcy
The company posted notices last month it was ceasing operations.
By Colin Campbell • Updated Aug. 7, 2023 -
Yellow shutdown likely means LTL price increases, analysts say
The low-cost carrier's rivals see an opportunity to bring in loads at higher rates as bankruptcy looms.
By David Taube • Aug. 4, 2023 -
Yellow hit by class-action lawsuit, alleging inadequate notice of layoffs
A laid-off dockworker in California claims the company violated a 60-day notice requirement in the Worker Adjustment and Retraining Notification Act.
By Colin Campbell • Aug. 3, 2023 -
TFI International packaging exec to oversee TForce Freight turnaround
The company is bringing in EVP Bob McGonigal, who heads its Canada-based packaging business, to help turn around its LTL business in the U.S.
By David Taube • Aug. 2, 2023 -
Yellow lays off workforce, plans to liquidate
The LTL carrier said it hoped to complete one or more transactions to prevent the closure but was unable to do so.
By Colin Campbell , David Taube • Aug. 2, 2023