Triumph Bancorp’s second-quarter earnings report reflected that the bank — a leading supplier of funds to the trucking industry through factoring — is having no trouble collecting on its loans.It is having strong performance on its loans even as it…
As prices for newer used trucks keep accelerating, older used trucks in rougher shape began appearing in June auctions, commanding less money but filling a yawning gap in capacity. Pricing for lower-mileage trucks remains sky-high, according to J.D. Power Valuation…
The Federal Maritime Commission asked lawmakers to boost its budget to help enforce Shipping Act regulations governing detention and demurrage practices as the agency intensifies its oversight of container lines. Testifying on his agency’s FY2022 budget before the House Transportation…
SEKO Logistics tells American Shipper it is expanding its logistics footprint by chartering vessels. The logistics provider began chartering the box ships in July. “We are looking to charter one or two vessels a month,” explained Brian Bourke, the company’s…
How can drivers determine if dark clouds on the horizon may signal severe thunderstorms capable of producing tornadoes, hail or powerful winds? Detecting severe storms often requires sophisticated equipment, but truckers can use their senses to make a close prediction…
When it comes to optimizing last-mile delivery, attention is mostly focused on maximizing delivery driver hours and end consumer satisfaction. What many do not consider is the staff and infrastructure needed to facilitate these deliveries at the 21.9 million apartment…
As most people are aware, the Suez Canal was blocked earlier this year for six days (March 23-29). According to the Suez Canal Authority, which maintains and operates the waterway, the canal has closed five times since it opened for…
Daimler Truck grew second-quarter sales by 92% over the pandemic-impacted year-ago quarter but warned that a shortage of semiconductors could persist for the rest of the year, limiting growth as the Daimler AG unit prepares to become a stand-alone company.…
Did you know that according to FreightWaves, the bill for uncompensated detention in the trucking industry could be as high as $25 billion in lost productivity and economic opportunity? Is your company ready to tackle this issue head-on? TCA and…
Air Greenland is a unique one-stop shop for aviation, which might be expected for an air transport company serving the world’s largest island located between the Arctic and Atlantic oceans. It operates single-engine helicopters for sleighing or ski trips, search-and-rescue…
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