The Latest
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Michelle Rock/Trucking Dive
Trucks, trailers, tonnage: What transport data says about the state of the industry
Driven by the produce market, reefer spot volumes rose at the end of April, DAT reported.
Updated 18 hours ago -
Photo provided by Saia.
Saia CFO announces retirement
Douglas Col will stay on through the end of the year to ensure a smooth transition for his successor.
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Courtesy of Wabash
Wabash customers delay pickups, hurting sales
The delayed pickups contributed to the OEM’s sales falling by 17% year over year in Q1.
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Courtesy of Landstar System
‘Follow the money’: Landstar positions for nearshoring, infrastructure business
The logistics provider is investing in cross-border and heavy-haul to capture opportunities in the U.S. and Mexico, CEO Frank Lonegro said.
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Permission granted by Penske Truck Leasing
Penske debuts AI platform to improve fleets’ key metrics
Fleets can use Catalyst AI to improve MPG and utilization by comparing data with similar fleets, according to the carrier.
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Caroline Colvin/Trucking Dive
DOL expanding overtime pay eligibility to millions of US workers
The department will raise a current threshold of $35,568 that triggers an exemption from extra pay provisions.
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Provided by Union Pacific.
Hub Group M&A deal boosts Q1 revenue
With the integration of the former Forward Air segment in its rearview, CEO Phil Yeager says the company is “back in the market” for more deals.
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Courtesy of Lew Thompson & Son Trucking
Covenant reports $8M expense related to acquisition
The Lew Thompson deal came with a contingent consideration expense based on the subsidiary's performance.
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Courtesy of Old Dominion Freight Line via Business Wire
Old Dominion has hired 500 workers since September
Although demand still lags, the LTL giant staffed up “to get ahead of anticipated growth,” CFO Adam Satterfield said.
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Courtesy of Sheetz
Sheetz adds AI-powered fuel supply and dispatch
CLI Transport, the convenience retailer’s dedicated fuel carrier, partnered with Gravitate to optimize order generation, route planning and more.
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Permission granted by Benita Taube
Knight-Swift limits net loss to $2.6M in Q1
The trucking giant finally exited a third-party insurance business that has dragged its earnings.
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Courtesy of Volvo Trucks
White House earmarks $1.5B in push for freight decarbonization
Federal funds will support the electrification of ports and electric truck charging infrastructure, among other projects.
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Courtesy of Ryder
Ryder notes synergies developing for Cardinal Logistics acquisition
Total revenue for its dedicated segment in Q1 increased 24% year over year.
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Permission granted by Aurora
Aurora trucks without drivers reach highway speeds on test track
Testing reached 75 mph at a facility in Ohio, the company told Trucking Dive.
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Courtesy of PR Newswire
Forward Air hires longtime CEVA Logistics exec as CEO
Shawn Stewart succeeds Tom Schmitt in leading the LTL following its messy acquisition of Omni Logistics.
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Heartland Express posts $15 million operating loss
The carrier’s earnings were hit by a combination of extended weak demand, extreme weather and rising operating costs, CEO Mike Gerdin said.
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Courtesy of Daimler
Freightliner produces 1 millionth Cascadia
The brand’s flagship model has become the leading Class 8 truck on the market since its 2007 debut, Daimler Truck North America said.
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Courtesy of Lion Electric
Lion Electric lays off 120 workers
The electric truck and bus maker blamed delays from a government fund for the job cuts.
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shaunl via Getty Images
5 auto carriers propose $180M merger
Florida-based Proficient Auto Transport is leading the roll-up of the companies, whose largest customer is General Motors.
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"P.A.M. Transport Truck in Indianapolis" by Luke Coyle is licensed under CC BY-SA 3.0
PAM Transportation Services posts operating loss for Q1
The company’s TL operating ratio was 104.2% for the quarter.
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Provided by Schneider National
How Schneider National tapped into shipper needs post-Baltimore bridge collapse
Following a wave of freight rerouting requests, a quickly deployed email campaign gave the carrier’s drayage and other logistics services a boost.
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David Taube/Trucking Dive
Paccar opposes renewed push for environmental reporting
An investment firm has resubmitted a proposal that narrowly failed last year to require additional reporting by the OEM on its lobbying efforts.
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Colin Campbell/Trucking Dive
XPO, Estes, Saia begin to reopen Yellow’s former terminals
Remaining LTL players are incorporating the bankrupt carrier’s properties into their networks after scooping up its freight and assets last year.
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Giselleflissak via Getty Images
Employers worry training won’t keep pace with tech advancement
Business leaders responding to a survey said it’s never been so hard to plan for future talent requirements.
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Courtesy of ITS Logistics
Federal FLOW program welcomes more trucking members
ITS Logistics and RoadEx America joined the Department of Transportation initiative to better share data across supply chains.
