Can a sub-70% operating ratio be far behind? That’s a question being asked after Old Dominion Freight Line Inc. (NASDAQ:ODFL) posted Wednesday morning an operating ratio of 72.3% in its second quarter. The eye-popping number, which was a quarterly record…
High demand for jet fuel out West has firefighting crews and airlines jockeying for position. American Airlines (NASDAQ: AAL) told its pilots to conserve fuel, warning them in a memo obtained by CBS News that jet fuel delivery delays that…
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Surge Transportation is the fastest growing 3PL in the logistics space today. Based in Chicago and Jacksonville, they offer unrestricted access to almost all accounts, limitless territory, and a chance to be a key player in a growing company. To…
Most automakers rely on “just-in-time” manufacturing to optimize production. That model requires precise coordination throughout every link in the global supply chain. And that’s where AIT Worldwide Logistics comes in. AIT’s automotive logistics professionals are the experts at developing resilient,…
Trucking companies want answers after K-Ratio abruptly shut down its fuel hedging program in late June, two days before some carriers say they were scheduled to receive their fuel swap settlements for the previous month. But K-Ratio says it was…
Craig Fuller, the founder and CEO of FreightWaves, acquired Flying, the world’s most widely read aviation publication from Bonnier Corporation. The American enthusiast publisher has owned Flying for over a decade. Flying is a 94-year-old lifestyle publication that focuses on…
This episode is brought to you by Emerge, The Digital Freight Marketplace. While market volatility is affecting everyone, you need an RFP expert to navigate the uncertainty. Industry expertise and technology for your RFP event, now and in the future.…
Federal prosecutors filed a motion Tuesday to dismiss all charges against ex-Pilot Company President Mark Hazelwood and two of his staffers. Acting U.S. Attorney Trey Hamilton filed a motion in U.S. District Court for the Eastern District of Tennessee to…
The operations behind moving goods around the world takes coordination among a number of supply chain actors to solve complex problems effectively. A proper channel of communication among these teams can be difficult to achieve and can leave a lot…
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