With a 4.6-cent decrease, the national average came in at $3.674 per gallon, following a $0.004-cent decrease, to $3.729, for the week of November 29,…
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Taking steps to further expand its United States less-than-truckload (LTL) operations, Phoenix-based national truckload carrier Knight-Swift announced yesterday it has acquired 100% of RAC MME…
With a $0.004-cent decrease, the national average came in at $3.720 per gallon, following a $0.001-cent decrease, to $3.724, for the week of November 22.…
The most recent edition of the DAT Truckload Volume Index (TVI), for the month of October, which was recently released by DAT Freight & Analytics,…
Falling $0.01-cents, the national average came in at $3.724 per gallon. This marked the first decrease since the week of September 13, when the national…
Eking out a 0.003-cent increase, the national average came in at $3.730 per gallon, continuing a recent stretch of sequential declines, following a 1.4-cent increase,…
Coming in at $3.27 billion, quarterly revenue posted a 22% annual gain, topping industry analyst estimates, at $3.093 billion. And XPO’s quarterly adjusted EBITDA, at…
A recently-announced partnership between GE Appliances (GEA), a subsidiary of Haier, and freight technology company Einride centers around what they said is a first of…
A new report recently issued by Milwaukee-based supply chain consultancy Armstrong & Associates, entitled “Dedicated Contract Carriage vs. Dedicated Truckload Capacity—The Search for Untapped Capacity,”…
The decades-old truck driver shortage, now estimated at 80,000, is bad and getting worse because of the nationwide service worker shortage, early retirements, the global…
Company officials said that this investment—for these two service centers, which cumulatively account for 238,872 square-feet and add 144,875 square-feet of improved working space compared…
September’s TVI reading—at 229—fell 1% from August. Despite the decline, this still marks the highest reading for any September on record, according to DAT. The…
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for September—at 112.9 (2015=100)—headed up 2.4%, following a 0.3% August increase (downwardly revised from an…
The report’s shipment reading—at 1.184—eked out a 0.6% annual gain, well short of August’s 12.3% annual gain, and September freight expenditures—at 3.818—increased 32.2% annually, which…
Located in Chicago Heights, XPO said that the new 150,000 square-foot facility is comprised of 264 dock doors, in order to accommodate high volumes and…
For July, the most recent month for which data is available, the SCI reading came in at -8.07, marking an improvement over June’s -12.0, as…
Fort Smith, Arkansas-based ArcBest, a full-service supply chain logistics provider, said late yesterday that it has entered into a definitive agreement to acquire Chicago-based truckload…
The July TCI, which is the most recent month for which data is available, came in at 10.78, down from June’s 12.61 and May’s 15.72.…
The report’s shipment reading—at 1.234—was up 12.3% annually, and freight expenditures—at 3.832—saw a 42.2% annual gain. Source: logistics Mgmt
Palm Beach, Fla.-based Cambridge Capital, an investor in niche supply chain leaders and the applied supply chain, said it has made a majority investment in…