Latest posts about Trucking
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Q&A: Mike Burkhart, VP of Mexico, C.H. Robinson
March 26, 2024
LM Group News Editor Jeff Berman recently spoke with Mike Burkhart, VP of Mexico, for Minneapolis-based global logistics services provider and freight forwarder C.H. Robinson, about the ongoing nearshoring push into Mexico and what shippers need to know and be prepared for in order to establish cross-border supply chain and logistics operations south of the border.
Echo Global Logistics announces expansion of cross-border services in Mexico
March 21, 2024
As key parts of this expansion, the company said that it has set up new locations in Mexico City, Monterrey, and Laredo, Texas, and also tapped 30-year logistics veteran Troy Ryley as President, Echo Mexico.
Uber Freight heralds enhancements to Powerloop drop and hook offering
March 21, 2024
Company officials explained that drop and hook services provide various benefits for shippers and carriers, providing flexible transportation solutions for the former, and enhanced efficiency and earnings potential for the latter.
Groups warn of $1 trillion cost for electrification of America’s trucking industry
March 19, 2024
As the Biden administration moves ahead with planned deployment of medium- and heavy-duty vehicle electric charging and hydrogen fueling infrastructure from 2024 to 2040, trucking industry officials are warning of excessive costs associated with such electrification.
Progress is made in FTR Trucking Conditions Index but growth rate remains negative
March 18, 2024
The new edition of the Trucking Conditions Index (TCI), which was recently issued by freight transportation consultancy FTR, saw some signs of improvement but again remaining short of growth.
New TIA Q4 Market Report sees declines amid some positive trends
March 14, 2024
Challenging market conditions on various fronts, for freight transportation brokers and intermediaries, were the main themes of the new edition of the “3PL Market Report Fourth Quarter 2023, which was issued this week by the Alexandria, Va.-based Transportation Intermediaries Association (TIA).
Millions of dollars worth of ex-Yellow tractors, trailers up for auction
March 13, 2024
The liquidation of Yellow Corp., once the largest less-than-truckload (LTL) and the nation’s 13th-largest trucking company when it ceased operations last August, has continued to prove that Yellow’s assets were valuable even without operating as a functioning trucking company.
3PL market update with Evan Armstrong
March 11, 2024
In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group interviews Evan Armstrong, President of Brookfield, Wisc.-based supply chain consultancy Armstrong & Associates.
New coalition is focused on fighting new Labor Department independent contractor rule
March 7, 2024
On March 11, a new rule from the Department of Labor goes into effect. Detractors say it will wreak havoc on independent business owners and freelancers throughout the country. Save Independent Work, a coalition of independent workers and advocacy groups, announced its new campaign to overturn the rule that would reclassify hundreds of thousands of independent workers, including independent business owners and freelancers, as employees.
Tough truck insurance market is hitting carriers in the pocket book
March 6, 2024
Rising heavy truck insurance costs have become a byproduct of mounting financial pressures in the trucking industry.
How PepsiCo Revamped Its Supply Chain
March 5, 2024
PepsiCo's supply chain evolved after COVID, adding more products and efficiency in its operation.
Old Dominion Freight Line issues February operating metrics
March 5, 2024
ODFL reported that revenue per day rose 1.2% annually, driven by an increased in LTL revenue per hundredweight, which was slightly offset by a 3.0% decrease in LTL tons per day. The company added that the change in daily LTL tons was attributed to a 3.2% decrease in LTL weight per shipment that was partially offset by a 0.2% increase in LTL shipments per day.
Preliminary North American Class 8 truck orders see annual increases in February
March 5, 2024
FTR reported that preliminary February net orders, at 25,700 units, were down 9% compared to January and headed up 11% annually. ACT reported that February preliminary North American Class 8 net orders, at 27,700 units, saw a 600-unit gain over January, while posting a 16% annual increase.
Range Energy Secures $23.5 Million for Electric Trailer Production
March 1, 2024
Electric truck startup Range Energy announced $23.5 million in new financing as it helps trucking companies make their diesel trucks more environmentally friendly.
LTL Update: Enter the post-Yellow world
March 1, 2024
The cessation of Yellow continues to have repercussions throughout the $58 billion LTL market. Now, a shuffling of the capacity equation is causing strategic changes, and shippers need to adapt to the new alignment of resources to find operational success.