Operations: Page 7
-
FHWA awards over $26.5M in bridge planning grants
The grants help states create a pipeline of projects eligible for federal dollars, Federal Highway Administrator Shailen Bhatt told Trucking Dive.
By Colin Campbell • Aug. 8, 2024 -
Budget constraints may be behind hiring uncertainty in 2024, survey says
Although most hiring managers have a positive outlook on the remainder of the year, some reported their companies don’t have enough money to hire.
By Carolyn Crist • Aug. 8, 2024 -
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 -
FST Logistics acquires Dancer Logistics
The purchase expands the Ohio-based 3PL services provider’s Midwest presence.
By Larry Avila • Aug. 7, 2024 -
Covenant Logistics raises rates 3 times in 45 days
"That is just the beginning," CEO David Parker said on a Q2 earnings call, citing a pickup in demand since May.
By Colin Campbell • Aug. 6, 2024 -
ABF Freight operating income jumps 40%
ArcBest increased pricing by an average of 5.1% on customer contract renewals and deferred pricing agreements in Q2, CFO Matt Beasley said.
By Colin Campbell • Aug. 6, 2024 -
Landstar’s owner-operator headcount drops 14% in Q2
The carrier's BCO truck count dipped below 10,000 in another tough quarter.
By Colin Campbell • Aug. 6, 2024 -
Love’s adds to finance arm
The travel stop company’s acquisition of REV Capital’s U.S. transportation factoring portfolio is part of its plan to enhance its financial services business.
By Jessica Loder • Aug. 6, 2024 -
LTL carriers haul more retail freight as industrial demand lags
Old Dominion Freight Line, Saia and TForce Freight are all eager for a rebound in manufacturing demand.
By Colin Campbell • Aug. 5, 2024 -
Valley Companies adds fourth-generation leadership
The Wisconsin-based brokerage named Brandon Gilbert director of logistics partnerships.
By Larry Avila • Aug. 5, 2024 -
Industries with in-person work more frequently tout PTO in job ads, Indeed finds
While paid time off mentions in job ads have risen in recent years, workers still aren't taking enough time off.
By Caroline Colvin • Aug. 2, 2024 -
AAA Cooper promotes VP to chief strategy officer
John Hammons takes on an EVP role as Knight-Swift expands in-house LTL service across the U.S.
By Colin Campbell • Aug. 2, 2024 -
The trucking freight cycle has reached its low point, analysts say
FTR said the market has bottomed out, following an upswing in trucking business starts.
By David Taube • Aug. 2, 2024 -
Schneider National’s Q2 income from operations dips 51%
The trucking and logistics company believes an expected return of seasonal freight will provide a boost in the second half of the year.
By Larry Avila • Aug. 1, 2024 -
Werner operating income nosedives 58% in Q2
CEO Derek Leathers said year-over-year results were hurt by fleet size, rates and lower gains on used truck sales.
By Colin Campbell • July 31, 2024 -
CH Robinson to sell European Surface Transportation business
The move will allow the brokerage to focus on boosting profitability in North America.
By Larry Avila • July 31, 2024 -
Congressional subcommittee debates value of federal road safety regulations
A Republican member of Congress criticized the Biden administration’s “onerous regulatory agenda,” but one advocate argued inconveniences may be necessary to make road safety a priority.
By Dan Zukowski • July 31, 2024 -
‘Way too fat’: TFI International plans to cut costs at TForce Freight
The U.S. LTL carrier needs to reduce administrative and technology costs, CEO Alain Bédard told investors last week.
By Colin Campbell • July 30, 2024 -
Employers plan to invest in health benefits as costs rise: survey
Companies are split on how to pay for the rising expense, but a slight plurality told Mercer they were unlikely to shift costs onto workers.
By Emilie Shumway • July 30, 2024 -
Ryder Systems Q2 operating revenue jumps 10%
The South Florida-based transportation conglomerate credits the acquisition of Cardinal Logistics for providing a boost to its dedicated business.
By Larry Avila • July 29, 2024 -
Shippers need contingency plans now, experts say
Diversifying port usage and improving visibility are among the tactics supply chains should deploy.
By Alejandra Carranza • July 29, 2024 -
Saia operating income grows 14% as it adds terminals
The carrier's operating income increased 14.4% in Q2 as it opened or relocated eight facilities.
By Colin Campbell • July 29, 2024 -
TA breaks ground on first public truck charging station
The California project is expected to go live by early 2025 with four 400 kilowatt chargers followed by a 1 megawatt charger in 2026.
By Brett Dworski • July 29, 2024 -
Knight-Swift operating income plummets 32.5%
A $12.5 million auto liability claim outweighed gains from its LTL segment and U.S. Xpress Enterprises acquisition.
By Larry Avila • July 26, 2024 -
Old Dominion sees freight market ‘starting to thaw’
Industrial customers are lagging retail business, and inventories are all over the board, executives said.
By Colin Campbell • July 25, 2024 -
DOT Secretary Buttigieg notes federal aid’s impact on supply chains
“Our supply chains are stronger, are more resilient, than they were three-and-a-half years ago,” he said during a keynote address Wednesday.
By David Taube • July 24, 2024