A significant number of employees at logistics telematics company Omnitracs and SaaS provider DealerSocket were laid off this week, two months after both companies were acquired by Solera Holdings Inc. Many other employees received 90-day notices in a massive restructuring…
Add another log to the fire that is choking global supply chains. Strict lockdown measures to suppress Vietnam’s worst outbreak of COVID infections since the pandemic began are severely curtailing factory production, especially for electronics, footwear, apparel and textiles, and…
Drayage, in its simplest form, is the transportation of freight from an ocean port to its initial inland destination. These moves tend to average no more than 50 miles, taking containers to rail yards to be put on a train…
U.S. Xpress (NYSE: USX) spent about $40 million more on purchased transportation in the second quarter of 2021 than it did in the corresponding quarter of 2020, an increased cost that went right to the truckload carrier’s bottom line. By…
Developing a safety culture isn’t easy, but establishing one sure does make your job a lot easier down the road. Reliance Partners Director of Safety Robert Kaferle continues the conversation from his previous article, Safety check: No carrier thinks it’s…
On this week’s episode of Taking the Hire Road, DriverReach founder and CEO Jeremy Reymer welcomed Steve Bryan, CEO of Bluewire LLC. The two discussed the ever-rising threat nuclear verdicts pose to the industry and how to defend against them.…
Last year many drug researchers had to modify their clinical trials to include remote elements, like shipping drugs directly to patients and performing video check-ins. Now, pharmaceutical companies want to adopt some of those measures to make clinical trials more…
Management from Covenant Logistics Group (NASDAQ: CVLG) said on a call with analysts Thursday the company expects earnings in the back half of 2021 to be higher than the first half of the year. The Chattanooga, Tennessee-based carrier reported adjusted…
The ethos of competition is being better, faster and stronger than the next person. We see it in every aspect of business, life and, of course, sports. Right now the peak of competition is about to play out in Tokyo…
This episode of Freightonomics begins with breaking news: Uber Freight acquired Transplace in a $2.25 billion deal. Hosts Anthony Smith and Zach Strickland discuss what this means for the freight marketplace. The two also run through Q2 earnings for Covenant…
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