The blows to the global supply chain never seem to end in 2021, resulting in delays that have sharply reduced the system’s effective capacity and put upward pressure on shipping rates that began reaching record highs months ago. Purchasing ocean…
Amazon.com Inc. fell short of median revenue estimates in the second quarter as more Americans got vaccinated, returned to stores and generally spent less time shopping on their devices. The world’s largest e-tailer reported diluted earnings per share of $15.12,…
Werner Enterprises posted second-quarter adjusted earnings of 86 cents per share after the close, in line with consensus estimates and 20 cents better than the year-ago quarter. Total revenue increased 14% year-over-year to $649.8 million for the quarter, boosted by…
In a record-setting quarter, Forward Air reported net income from continuing operations of $1.11 per share Thursday after market close, easily exceeding the consensus estimate of 96 cents and 78 cents higher than the second quarter of 2020. The Greeneville,…
TransForce Group is tackling the driver shortage problem head-on through its nationwide CDL schools, annually graduating about 4,000 drivers, of which 70% are military veterans. Dennis Cooke, president and CEO of TransForce Group, joins DriverReach founder and CEO Jeremy Reymer…
Net profit for Hub Group in the second quarter of 2021 more than doubled amid “strong freight market conditions and continued growth with strategic customers,” the company said on Thursday. Second-quarter 2021 net income was $26.6 million, or 78 cents…
There’s no shortage of indexes telling you how much it costs to ship a container load from A to B. Unfortunately, each one gives you a different answer. The disparity between the different indexes grew even more extreme on Wednesday, after…
Point of Sale is sponsored by ArcBest. ArcBest is more than logistics. Whatever you do, whatever you ship, ArcBest makes it easier for you to do business. ArcBest combines reliable capacity, innovative technology and trusted relationships to take the complexity…
On this episode of FreightWaves Insiders, Dooner catches up with veteran trucker and Rollin B LLC CEO Ingrid Brown. Ingrid has dedicated her career toward CMV Safety and safety of the General motoring public working directly with FMCSA and advocate…
Implementing carrier-focused technology in a logistics company comes down to one deciding factor: How sticky is that product? The stickiness of an application is determined by its ability to recruit, retain and engage a user, actions that are easier said…
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