Auto hauler Jack Cooper Transport aims to pull bankrupt Yellow Corp. from the brink in an audacious acquisition. The proposed deal is gaining steam as senators call for federal support….
7 Strategies to Reduce Sea Freight Shipping Costs for My Business
Skyrocketing global trade has made ocean freight an essential lifeline for many businesses today. But let’s be real – high seas don’t have to mean high shipping costs. Out-of-control freight…
Natural Gas Engines Poised for Growth Spurt
Cummins’ new 15-liter natural gas engine could spark a revolution in the trucking industry. The engine maker predicts sales of natural gas powertrains could triple as the larger engine makes…
Amazon’s Regional Model Fuels Strong Q3 Financial Results
Amazon reported robust third quarter financials on Thursday, handily surpassing Wall Street estimates. The company’s transition to a regional fulfillment and delivery model drove improved efficiency and cost savings. Earnings…
Trucking Industry Bears Record $94.6B in Congestion Costs
U.S. trucking companies incurred a record-high $94.6 billion in congestion costs in 2021, a 22.4% increase from 2020, according to a new report by the American Transportation Research Institute (ATRI)….
The Costs and Benefits of Automated Supply Chain Management
Managing a global supply chain is no walk in the park. It’s a high-wire act with no safety net, where one misstep could bring your entire operation crashing down. The…
Estes Express Recovers from Cyber Attack, Returns to Normal Operations
LTL carrier Estes Express has now restored all systems and resumed normal operations after suffering a significant cyberattack in early October. According to Estes Express President Webb Estes, the company’s…
Averitt and Old Dominion Top LTL Carrier Rankings
Averitt Express and Old Dominion Freight Line took top honors in Mastio & Co.’s 2023 survey of less-than-truckload (LTL) carriers in the United States. The annual report provides unique insights…
Estes Gets Back on Track After Cyberattack Disruption
Logistics company Estes Express Lines continues working. Due to this, they can fully recover operations after a major cyberattack earlier this month halted key systems. The attack’s precise start date…
Freight Market Showing Signs of Recovery Despite a Weak Quarter for Knight-Swift
Financial Results Disappoint but Outlook Improves Knight-Swift Transportation reported lower third quarter earnings that missed last year’s performance but exceeded reduced Wall Street forecasts. Adjusted earnings per share declined 86…