Rail officials acknowledged on their third-quarter financial calls they have extra capacity to move goods because they are not carrying as much freight as they did in 2017 and 2018, when the economy was roaring.
October 28, 2019Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
UPS to Upgrade Health Care-Dedicated Warehouse Network
UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.
October 28, 2019Crane Simulator Trains Baltimore Longshoremen Without Disrupting Dock Operations
The Steamship Trade Association of Baltimore bought a $500,000 simulator this year to train crane operators at the Port of Baltimore without affecting the day-to-day loading and unloading of cargo.
October 28, 2019Driver Detention Time Creeps Upward
After improving in 2018, it appears as though driver detention time has increased recently, with many shippers falling back into habits that delay trucks at their docks and push up dwell times.
October 28, 2019United Road Acquires Truck Hauler Team Drive-Away
Auto hauler United Road acquired Team Drive-Away, a company that specializes in moving new and used Class 8 trucks, United Road said.
October 28, 2019FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs
FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.
October 28, 2019Universal Logistics Reports Net Loss of $8.4 Million
Universal Logistics Holdings Inc. reported a third-quarter net loss of $8.4 million, compared with $15.1 million net income in the third quarter of 2018.
October 25, 2019Werner Reports $39 Million in Net Income, Second-Best Q3
Werner Enterprises Inc. reported smaller profits in the third quarter of 2019 but said the period was still the second-best Q3 in company history.
October 25, 2019Shipwell Raises $35M to Fuel Growth
Shipwell, an Austin, Texas-based startup focused on managing trucking and shipping logistics for businesses, has raised $35 million to continue its growth, the company said Oct. 24.
October 25, 2019XPO Logistics Launches Partnership With MIT
GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.
October 24, 2019