Established in 1955, Fuchs Trucking initially hauled livestock and forest products, subsequently moving to serving building materials and furniture sectors by offering dedicated capacity with…
Posts published in “News, Logistics, 3PL, Transportation, Motor Freight,”
FTR reported that preliminary October North American Class 8 net orders—at 42,300 units—were below September’s preliminary record-high tally of 56,500. ACT reported that October preliminary…
Rising 1.6 cents, the national average, for the week of November 7, came in at $5.333 per gallon. This followed a 2.4-cent decline, to $5.317,…
Omaha, Neb.-based Werner Enterprises, a global freight transportation and logistics services provider and the nation’s seventh-largest truckload carrier, said this week it has acquired Tampa,…
FedEx Freight, the less-than-truckload subsidiary of global logistics and freight transportation services provider FedEx, announced it is rolling out a new pilot initiative, which it…
September’s TVI dry van freight reading—at 228—was off 13.7% compared to what it called “an unusually active August,” while remaining in line with previous years.…
Third quarter earnings for Greenwich, Conn.-based XPO Logistics were very strong, according to results issued earlier today. Quarterly revenue—at $3.04 billion—was down 7% annually but…
For August, the most recent month for which data is available, the SCI came in at 5.0, up from July’s 4.5 reading. Both of these…
The Digital LTL Council of the National Motor Freight Traffic Association (NMFTA) has established a new standard for Electronic Bills of Lading (eBOL). It is…
With a 0.002-cent increase, the national average came in at $5.341 per gallon, following an 11.5-cent increase, to $5.339, for the week of October 10.…
For August, the most recent month for which data is available, the TCI reading was -0.25, marking an improvement over July and June, which came…
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for September, came in at 118.8 (2015=100), for a 0.5% increase. And ATA’s not seasonally-adjusted…
XPO said it expects to report $3.04 billion in quarterly revenue and operating income to come in between $181 million-to-$185 million, with EBITDA pegged at…
September’s shipment reading—at 1.241—rose 4.8% annually, and freight expenditures—at 4.627—climbed 21.2% annually. Source: logistics Mgmt
The trucking industry is usually a reliable early indicator of any economic slowdown affecting the economy. Usually, but in late 2022, not always. There are…
FTR reported that preliminary September North American Class 8 net orders—at 56,500—easily topped the August tally by 169% and was up 102% annually, with the…
Two well-know trucking industry brands—ACT Research, a provider of data and analysis for trucks and other commercial vehicles, and DAT Freight & Analytics, operator of…
August’s TVI dry van freight reading—at 258—was up 11% compared to July, marking its highest-ever August reading and a 12% annual gain. The refrigerated (reefer)…
With a 7.5-cent decline, the national average came in at $4.889, following a 6.9-cent decline, to $4.964, for the week of September 19, which was…
For July, the most recent month for which data is available, the TCI came in at -0.7, faring better than June’s -3.36 reading, with the…