As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks.
May 3, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Goods-Trade Gap Widens to $71.4 Billion on Import Increase
America’s merchandise trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise in exports.
May 3, 2019Tesla CEO Elon Musk Correctly Called European Slump for April
Tesla Inc.’s deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musk’s prediction for “lumpy” results.
May 3, 2019HOS Updates Expected Soon, but Could Be Long Road, Experts Say
The regulatory journey of federal hours-of-service rules is approaching an important turning point as June 7, the scheduled release date for the Department of Transportation’s proposal on policy changes, draws nearer.
May 9, 2019Averitt Expands Residential Delivery Options
Averitt Express has expanded its residential delivery network to provide shippers with a variety of direct-to-customer delivery options as demand for final-mile logistics services grows.
May 2, 2019Western Express to Invest $88 Million, Add 225 Jobs in Tennessee
Western Express, a Nashville-based freight company, announced May 1 it will spend $88 million and add 225 jobs as it adds new technology, business services and back-office support at its headquarters and expands its truck fleet nationwide.
May 1, 2019C.H. Robinson Beats Wall Street Expectations With 1Q Earnings
Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.
May 1, 2019Ford Partners With Amazon to Enable Package Deliveries
Ford Motor Co. is the latest automaker opening its vehicles’ trunks to Amazon.com., entering a partnership to enable delivery of packages directly to millions of Ford and Lincoln models.
April 30, 2019Werner Enterprises Revenue, Net Income Rise in 1Q
Werner Enterprises Inc., a transportation and logistics company, said its total revenue for the first quarter ending March 31 increased 6% to $596.1 million versus the prior year quarter, primarily attributable to dedicated fleet expansion, higher contractual rates and lane-mix changes.
April 30, 2019Celadon Group Sells Intermodal Operations to Bison Transport
Celadon Group Inc. sold its North American container-on-flatcar intermodal operations to Bison Transport of Winnipeg, Manitoba, according to an April 26 press release.
April 29, 2019