Execs Offer Mixed Assessment of Freight Market Since January
NASHVILLE, Tenn. — At the end of the first quarter, there are signs of optimism in the economy but also caution about the sustainability of the momentum, according to economic analysts and trucking executives at the 2017 Truckload Carriers Association conference.
Trucking Executives Discuss How Millennials Are Shifting Industry’s Workforce Dynamics
NASHVILLE, Tenn. — As baby boomers retire, more companies are hiring millennials to be truck drivers, presenting new challenges to address the differences between the generations in how they view life and work.
TCA Honors Highway Angel, Others
NASHVILLE, Tenn. — The Truckload Carriers Association handed out a number of awards at its 2017 conference to honor the heroes, top performing fleets and distinguished members of the association.
Car Haulers Ratify Contract Overwhemingly
After two prior failed attempts, the third try was the charm for the International Brotherhood of Teamsters, which ratified a new national contract for car-hauling truck drivers.
Planning, Preparation Key to Success In Hauling Floors to Final Four Sites
Millions of Americans will watch the NCAA Final Four to see what team will clinch the title, but few people at home or in the arena are aware of the critical role of trucking in making the event happen.
Tonnage Down 2.8% in February From Year Ago
Truck tonnage dropped 2.8% in February year-over-year, reversing January’s positive momentum, but American Trucking Associations’ chief economist maintains that freight activity remained strong considering February 2016 was a record-setting month.
FedEx 3Q Profits Increase 11% but Fall Short of Analysts' Target
FedEx Corp. said its fiscal third-quarter profits rose 11% — despite the negative effects of fuel costs — and that rate increases helped to bolster revenue.
LTL Fleets Offering Short-Term Storage, Shift to Smaller Trucks for E-Commerce
Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.
Schneider Going to Wall Street With Share Price of $18 to $20
Schneider, the largest privately owned for-hire carrier in the United States and Canada, will become a publicly traded company as soon as April 5 with shares trading between $18 and $20, according to Bloomberg News and a company filing with the Securities and Exchange Commission.
LTLs Offer Storage to Speed Up E-Commerce Deliveries
Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.