ORLANDO, Fla. The emergence of Uber-style transactions in the freight industry will not replace brokers, experts in the segment said while acknowledging a surge in both the number of new motor carriers and mobile apps to locate freight.
April 24, 2017Search
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Opinion: Solutions to Help Eliminate Late Payments
There is nothing fun about not getting paid for the loads you have hauled. But unfortunately, every small trucking company and owner-operator will encounter clients who sometimes take 45 to 60 days or longer to pay.
April 24, 2017
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Profits Up at CSX, Decline at CP in 1Q; Harrison Pushes for Rail Consolidation
Rail freight companies began the earnings season with mixed results as profits rose 1.7% at CSX Corp. but plunged 20% at Canadian Pacific Railway Ltd. in the first quarter compared with the same period a year ago.
April 24, 2017Profits Up at CSX, Down at Canadian Pacific in First Quarter
The rail freight carriers' earnings season began on a mixed note as profits rose 1.7% at CSX Corp. but plunged 20% at Canadian Pacific Railway in the first quarter compared with the same period in 2016.
April 19, 2017Video: Will Knight-Swift Merger Catch Feds' Interest?
Will the planned merger of Knight Transportation Inc. and Swift Transportation one of the trucking industry's largest mergers ever catch the attention of federal antitrust regulators? Watch as TT Senior Features Writer Daniel Bearth provides his take on that question for colleague Eugene Mulero.
April 18, 2017Year-Over-Year Gains Continue as Trailer Orders Top 21,000
U.S. trailer orders cruised past 21,000 in March, extending the streak of year-over-year gains to four months, ACT Research said.
April 17, 2017XPO Logistics Employees Reject Unionization at Two Illinois Facilities; OK It in Trenton, N.J.
Employees at XPO Logistics Inc.s less-than-truckload facilities in Aurora and Elgin, Ill., voted against representation by the Teamsters union, the company said April 17.
April 17, 2017Knight, Swift Plan Merger
A merger of Knight Transportation Inc. and Swift Transportation Co., two of the nations largest trucking companies, is expected to trigger a historic move to consolidate the truckload freight sector, industry analysts said last week.
April 17, 2017Editorial: Industry Consolidation Warming Up
With the Ringling Bros. and Barnum & Bailey Circus closing down the greatest show on Earth, it appears that truckload executives and investors are pitching in to fill the void.
April 17, 2017Time Running Out for Worlds Top Shipbuilder as Creditors Argue
South Koreas National Pension Service has a decision to make help the worlds biggest shipmaker survive, or let it die.
April 13, 2017