Todd Maiden
Tuesday, May 2, 2023
Supply chain index hits all-time low in April
The Logistics Managers’ Index hit a new low in April as transportation metrics weighed on the data set.
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Truckload shipping refers to the movement of freight in the amounts necessary to fill an entire semi-truck or intermodal container. This is in contrast to less than truckload (LTL) shipping, where freight from multiple sources is mixed and transported in one truck or shipping container.
Trucking industry regulations change often and are overseen by three different bodies: the Department of Transportation (DOT), the Federal Motor Carrier Safety Administration (FMCSA), and the National Highway Safety Administration (NHTSA). Any of these three agencies may create new rules and regulations for general freight trucking throughout the year. In addition, states can also issue their own general freight trucking regulations.
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John Paul Hampstead
Monday, May 1, 2023
Judge allows Convoy’s monopoly complaints against DAT to proceed
DAT’s breach-of-contract claim against Convoy will also proceed.
Todd Maiden
Friday, April 28, 2023
Heartland Express sees Q1 hit from acquisition integration
Truckload carrier Heartland Express missed first-quarter expectations.
Todd Maiden
Thursday, April 27, 2023
Bulk carrier Trimac acquires AIP Logistics
Trimac Transportation said Thursday it has completed the acquisition of AIP Logistics.
John Kingston
Thursday, April 27, 2023
Covenant buys poultry hauler and reports softer 1st quarter
Covenant’s biggest announcement in disclosing its first-quarter earnings is that it bought a large hauler of poultry-related freight.
Todd Maiden
Thursday, April 27, 2023
Schneider pushes out freight recovery timetable, lowers guidance
Schneider National beat first-quarter expectations Thursday but lowered its full-year outlook as excess capacity lingers.
John Kingston
Thursday, April 27, 2023
U.S. Xpress settles class-action suit going back to its early IPO days
U.S. Xpress, about to be sold to Knight-Swift, has settled 4-year old litigation regarding its initial public offering.
Todd Maiden
Thursday, April 27, 2023
Landstar sees April step down but says bottom is near
Freight broker Landstar System sees a big earnings falloff from the all-time high established a year ago.
Mark Solomon
Wednesday, April 26, 2023
TFI posts Q1 operating declines, lowers full-year guidance
TFI International reported first-quarter revenue declines in all four main operating segments.
Grace Sharkey
Wednesday, April 26, 2023
Trucking expert: Control your variable expenses
“Trucking as a business is not about what you make, it’s about what you don’t spend,” industry expert Adam Wingfield said at FreightWaves’ Small Fleet & Owner-Operator Summit.
