American Trucking Associations (ATA) announced Monday that Paul Enos has been named chairman of the ATA Trucking Association Executives Council (TAEC). Enos, CEO of the Nevada Trucking Association, succeeds Brenda Neville as chair. He brings more than 15 years of…
A long-standing gap between how the U.S. Department of Transportation and the U.S. Department of Labor view driver wages must be bridged before the trucking industry will have a shot at curing its chronic driver retention problem, according to a…
Facing difficult comps versus one year ago, loaded domestic intermodal container volume is now down on 10 of the 11 densest domestic intermodal lanes that originate in the U.S (see chart at top of file). Volume declines are not just…
On a day when the broader commodity oil markets plummeted, the benchmark Department of Energy/Energy Information Administration average weekly retail diesel price climbed for a 12th consecutive week. That price rose 0.6 cents, to $3.344 a gallon. That’s the highest…
Digital manufacturing and supply chain company Fast Radius Inc. said Monday it will be acquired by special-purpose acquisition company (SPAC) ECP Environmental Growth Opportunities Corp. (NASDAQ:ENNV) in a deal that values the Chicago-based company at $1.4 billion. The transaction, which…
J.B. Hunt Transport Services (NASDAQ: JBHT) reported second-quarter earnings per share of $1.61 Monday after the market close. The result was modestly better than analysts’ forecasts for $1.55 and well ahead of the year-ago result of $1.14. All of J.B.…
DHL said Monday it will use more than 4,000 heavy-cargo drones provided by Dronamics for its logistics and parcel network in Europe. The Black Swan unmanned aircraft can carry 770 pounds up to 1,500 miles. It’s the second large customer…
Ocean carrier MSC reports that U.S. freight railroads have started to reduce import rail traffic at the ports of Los Angeles and Long Beach as well as New York as the U.S. experiences record import volumes. Starting last Sunday and…
South Dakota has responded to the issue of a tight market for fuel tanker trucks by extending allowable hours of service for petroleum deliveries until Aug. 16. Although the declaration is a state override of federal rules, a spokesman for…
The gains Netradyne has made in improving driver safety helped the San Diego-headquartered company last week close on $150 million in Series C funding. The latest funding round was led by SoftBank Vision Fund 2 with participation from M12 and…
Recent Comments