Find Out Where You Make Money
L.J. Rogers Trucking, K & L Freight Management, and Nick Strimbu, Inc. are looking at their costs from every angle. That’s the key - don’t just look at the revenue. Look at the actual profit on that lane or that customer. – Cory Knowlton
August 1, 2022US Senate Proposes Fiscal 2023 FMCSA Funds
Senate funding leaders are proposing $873.6 million for federal trucking programs as part of a fiscal 2023 transportation bill.
August 1, 2022Logistics Firm Terra Worldwide Explores $1 Billion Sale
Terra Worldwide Logistics, a closely held provider of logistics services, is exploring a sale amid consolidation in the industry, according to people familiar with the matter.
August 1, 2022Aurora Adds Fourth Fleet Partner for Autonomous Pilot
Autonomous technology developer Aurora Innovation Inc. and Schneider National Inc. have announced a commercial pilot effort to haul freight for Schneider’s customers with Aurora Driver, Aurora’s autonomous technology.
August 1, 2022Manufacturing Expands at Slowest Pace in Two Years
U.S. manufacturing activity continued to cool in July as more factories dialed back production in the face of shrinking orders and rising inventories.
August 1, 2022Amazon Starts Same-Day Deliveries From Stores in Metro Areas
Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.
August 1, 2022Perspective: Flexibility Helps With Supply Chain Delays
For years, just-in-time supply chain practices were the name of the game for many companies. But in the aftermath of the pandemic and subsequent supply chain tangles, building up and keeping heavier inventories has come to the forefront as a core strategy. While there’s merit to both approaches, companies need to be prepared and take some action on unintended consequences of the new sea change.
August 1, 2022Tesla Signs Battery Materials Deals With Two China Suppliers
Tesla Inc. has signed new long-term deals with two of its existing Chinese battery-materials suppliers, the latest move by automakers to secure supplies amid intensifying competition.
August 1, 2022Universal Logistics Reports Record-Breaking Q2
Universal Logistics Holdings reported all-time highs for revenue, operating income and earnings per share in its second-quarter earnings report July 28.
July 29, 2022ArcBest Reports Record-Setting Quarter for Q2
ArcBest Corp. posted records for quarterly revenue, operating income and net income for the second quarter of 2022.
July 29, 2022