Business, Logistics, Top 50

Trucking Stocks Roll Steady as Investors Downshift on Market

Publicly traded trucking firms have seen record-setting freight in the first half of this year but their stock prices have lagged as cautious investors pulled back from a long-running bull market and an industry that can’t find enough drivers to haul its loads.

Burney Simpson | Staff Reporter
July 12, 2018
Government, Business, Technology

Cargo Theft Rising in Canada

A voluntary reporting system for tracking cargo theft in Canada has led to a database showing a steady rise in thefts, though the true extent of the problem isn’t clear.

Burney Simpson | Staff Reporter
July 11, 2018
Business, Logistics

Atlanta Scorches Van Loads, Reefer Spot Markets

Atlanta is burning. The Big A is the No. 1 city for spot market posts for van loads and refrigerated loads through the first half of 2018, according to DAT Solutions, the operator of a major freight load board marketplace for North America.

Burney Simpson | Staff Reporter
July 6, 2018
Business

Roadrunner Revenues, Losses Rise in 1Q as Turnaround Continues

Roadrunner Transport Systems reported an improvement in operating results for the first quarter, ended March 31, but net losses grew.

Burney Simpson | Staff Reporter
July 2, 2018
Business, Technology, Equipment, Safety

Volvo, FedEx Team on Live Platooning in North Carolina

Volvo Trucks North America and FedEx Corp. demonstrated on June 27 a platooning system with three twin trucks on a stretch of Route 540 in North Carolina, one of 10 official test sites for driverless cars designated in 2017 by the U.S. Department of Transportation.

Burney Simpson | Staff Reporter
June 27, 2018
Business, Fuel

Diesel Slides 2.8¢ to $3.216 a Gallon

The U.S. average retail price of diesel fuel fell 2.8 cents to $3.216 a gallon, the fourth week in a row of declines, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.

Burney Simpson | Staff Reporter
June 25, 2018
Business, Logistics

TravelCenters Plans TA Express Franchises

TravelCenters of America plans to launch this summer TA Express, with smaller outlets offering quicker in-and-out service from its TA and Petro Stopping Centers.

Burney Simpson | Staff Reporter
June 25, 2018
Government, Business, Logistics, Top 100

Roadrunner Pares Losses for Full-Year 2017

Roadrunner Transportation Systems reported a net loss of $91.2 million for full-year 2017 compared with a loss of $360.3 million in 2016. The diluted loss per share was $2.37 for 2017 compared with a diluted loss per share of $9.40 for 2016.

Burney Simpson | Staff Reporter
June 22, 2018
Business, Top 100

Central Oregon Truck Increases Driver Pay

Central Oregon Truck Co. implemented a pay structure that gives new drivers $65,000 a year in base pay and experienced drivers more than $90,000 a year in pay.

Burney Simpson | Staff Reporter
June 22, 2018
Business, Technology, Equipment, Logistics, Autonomous

Carriers Led Logistics Industry Higher in 2017, Report Says

The logistics supply chain had a strong 2017 with a healthy economy revving up demand that led to tight capacity that gave carriers the authority to raise prices with shippers, according to the 29th Annual Council of Supply Chain Management Professionals State of Logistics Report.

Burney Simpson | Staff Reporter
June 21, 2018