USA Truck Inc. posted a 37% year-over-year revenue increase to $170 million in the second quarter, a quarterly record, said President and CEO James Reed. The truckload carrier also reported second-quarter net income of $4.2 million, after reporting a loss…
On July 22, the Senate Health, Education, Labor & Pensions (HELP) Committee held a hearing entitled, “The Right to Organize: Empowering American Workers in a 21st Century Economy.” This hearing centered around the PRO Act, the maligned federal legislation which…
It’s been a long time coming, but the market is on the verge of XPO (NYSE: XPO) spinning off its contract logistics business into GXO. On this week’s Drilling Deep podcast, FreightWaves’ Mark Solomon, a longtime observer of XPO, talks…
Welcome back to Truck Talk.This week, we’re looking at the future for PACCAR; Hyliion’s long-range hybrid play; the mandate for the new CEO at Workhorse Group; and whether Lordstown Motors’ financial lifeline is enough to endure. Was this forwarded to…
Every Friday, FreightWaves takes a look at the past week or so in social media, highlighting trucking, transportation and weather. This week features old train cars fitted with water tanks for firefighting, a deadly wreck caused by a sandstorm, a…
Environmental Protection Agency research concluded that the transportation sector produces more greenhouse gases than any other sector in the United States at 29%. Making matters worse, e-commerce shopping, which came to prominence during the height of the COVID-19 pandemic, is…
Several trucking and logistics companies are collectively owed hundreds of thousands of dollars after a 101-year-old specialty glass fabricator and its subsidiaries ceased operations and filed Chapter 7 bankruptcy in mid-July. The managing entity, Consolidated Glass Holdings Inc., lists the…
Volumes for high-tech office equipment continue to soar. Bill Fallon, EVP of client solutions at AIT Worldwide Logistics, reported that his high-tech Fortune 500 clients see this growth as an outcome of continued investment in the equipment necessary for digital…
As dozens of companies have worked to bring autonomous vehicles (AVs) to life, most of the outside focus has been directed at safety and legal concerns. While engineers are fine-tuning sensors, cameras and artificial intelligence systems to ensure vehicles properly…
It has been a great year for drones. In the final week of 2020, the Federal Aviation Association finalized regulations that got the ball rolling for widespread commercial drone use, approving flights beyond the operator’s line of sight just a…
Recent Comments