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…
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…
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 is an excerpt from Medically Necessary, a health care supply chain newsletter. Subscribe here. The story: Thousands of small businesses, schools and enthusiasts came out of the woodwork last year to produce personal protective equipment with 3D printers. A recently…
On Thursday, Uber Freight announced the acquisition of Transplace for $2.25 billion, a deal the companies say will “create one of the leading logistics technology platforms, with one of the largest and most comprehensive managed transportation and logistics networks in…
Trucking companies outbidding each other for drivers using salary and per-mile wage increases are leaving themselves vulnerable when the next economic downturn hits, the American Trucking Association’s chief economist warns. Bob Costello told the Motor Carrier Safety Advisory Committee (MCSAC),…
In a recent FreightWaves Classics article the history of White Motor Company was profiled. Today, the history of Mack Trucks is featured. Much of the information in this article came from the Mack Trucks website; FreightWaves Classics thanks Mack Trucks…
United Airlines has mostly phased out use of jets for dedicated cargo service, returning them to full-time passenger operation as long-haul travel demand rapidly snaps back from the COVID plunge, Chief Commercial Officer Andrew Nocella said Wednesday. The temporary freighters…
This show 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 out…
The Truckload Carriers Association has named professional truck driver Trinidad Arebalo, from Crete, Illinois, a Highway Angel for rushing to the aid of a driver involved in a multiple-vehicle accident. It happened after 2 a.m. on a very cold February…
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