TMC Conference to Focus on Cybersecurity, Truck Diagnostics
As companies become more interconnected, executives need to have a broader understanding of their entire firm and the way divisions — once thought of as separate and distinct — interact with each other.
Diesel Leaps 6.8¢ to $3.239 a Gallon; California Nears $4
The U.S. average retail price of diesel fuel surged 6.8 cents to $3.239 a gallon, the eighth straight week that trucking’s main fuel has gone up in price, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration on May 14.
Daseke Pares Losses, Doubles Revenue
Daseke Inc. reported a first-quarter net loss of $800,000, or minus 4 cents per share, compared with a net loss of $7.7 million, or minus 32 cents per share, in the first quarter a year ago.
Driver Pay Rising as Large Carriers Open Their Wallets
Recruiters are working to keep pace as carriers continue to increase compensation as a way of attracting and retaining drivers, a new survey found.
Diesel Up for Seventh Straight Week, Adds 1.4¢ to $3.171 a Gallon
The U.S. average retail price of diesel fuel rose 1.4 cents to $3.171 a gallon, the seventh straight week the trucking industry’s main fuel has increased in price, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.
Intermodal Volumes See Solid Gains in First Quarter
Intermodal volumes rose 7.2% in the first quarter compared with the same period a year ago, the best gain since the second quarter of 2014, according to the Intermodal Association of North America.
Meritor Reports 2Q Results in Busy Week
Parts supplier Meritor Inc. had a busy week, attending the Advanced Clean Transportation Expo in Long Beach, Calif., releasing quarterly results, buying a manufacturing company and announcing a collaboration with major truck manufacturer Peterbilt.
Profit, Revenue Grow at XPO as It Invests in Tech
XPO Logistics Inc. reported on May 2 that its first-quarter results vaulted more than 100%, stemming from the heightened demand from domestic freight and last-mile delivery.
John Smith Appointed Mike Ducker’s Successor as FedEx Freight President, CEO
Transportation industry veteran John Smith will become president and CEO of FedEx Freight on Aug. 16, moving up from his position as senior vice president of operations at the FedEx Corp. subsidiary.
Diesel Rises Again, Adds 2.4¢ to Reach $3.157 a Gallon
The U.S. average retail price of diesel fuel rose 2.4 cents to $3.157 a gallon, the sixth straight week that the trucking industry’s main fuel has increased in price, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.