XPO Logistics (NYSE: XPO) announced Wednesday updated financial goalposts following the planned spinoff of its logistics unit, which it now expects to complete during the third quarter. The company increased its outlook for adjusted earnings before interest, taxes, depreciation and…
The unprecedented supply-demand imbalance experienced across all of American trucking will extend through the balance of 2021 and at least into the first half of 2022, Estes Express Line Inc. President, Chairman and CEO Rob Estes said Wednesday. Keynoting FreightWaves’…
This fireside chat is part of the FreightWaves Small Fleet & Owner-Operator Summit FIRESIDE CHAT TOPIC: OOIDA looks at the new regulatory landscape DETAILS: With difficulty hiring drivers getting more extreme, and with a new administration in Washington along with…
KeepTruckin has expanded its portfolio of offerings to small fleets with a new Fuel Hub. The solution utilizes telematics data and artificial intelligence to identify driver and vehicle fuel efficiency, helping fleets locate potential fuel cost leaks. “The Fuel Hub…
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After repeated rounds of heavy rainfall pounded the south-central U.S. over the past few weeks, the threat will shift northeastward the rest of this week. This will bring relief to waterlogged areas of Texas, Louisiana and Oklahoma, but it will…
A spinoff from the recent acquisition of HubTran by the TriumphPay subsidiary of Triumph Bancorp (NASDAQ: TBK) is setting up shop to bring that technology to the freight forwarding business. The new company, BravoTran, is based in Chicago. A group…
The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight the latest companies with salary increases for drivers, a layoff at a processing and distribution center in Texas and more. Also,…
Ground service providers drowning in shipments delivered by airlines are responding to massive gridlock at Chicago O’Hare by permanently relocating some warehouse operations outside the property to increase capacity in what could increasingly become a model at major U.S. airports…
It’s been a long, somewhat strange trip for regional parcel-delivery carrier LaserShip Inc. LaserShip was launched in 1986 as a document-delivery company. The dot-com boom of the late 1990s eventually pushed the Vienna, Virginia-based concern into the parcel-delivery world. Since…
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