To remain competitive in a challenging labor market, trucking companies and fleet operators are exploring performance-based pay models to help boost driver retention and recruiting.
March 17, 2023Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dedicated Contract Carriers
No rankings are available for this year.
Extras
Incentivizing Driver Excellence
FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective
FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.
House Lawmakers Introduce Bill to Protect Moving Privacy
Legislation meant to safeguard certain identifiable information of individuals moving internationally was recently introduced in the U.S. House of Representatives.
Kansas City Southern’s Sale to Canadian Pacific Approved
The Surface Transportation Board approved the merger of Canadian Pacific Railway and Kansas City Southern Railroad in the nation’s first major rail merger since 1998.
Railroads Warned About Car Flaw That Could Cause Derailments
OMAHA, Neb. — U.S. railroads were warned to take certain cars out of service March 9 after Norfolk Southern discovered loose wheels on a car involved in last weekend’s derailment in Ohio.
Trucking Critical to Port of Milwaukee’s New Export Facility
The Port of Milwaukee’s new $40 million agricultural maritime export facility not only marks its largest cash infusion since the 1950s, but also will open doors to more overseas markets using its multimodal infrastructure.
Uber Considering Spinning Off Freight Logistics Division
Uber Technologies Inc. is exploring whether to spin off its Uber Freight logistics arm in a sale or as a separate publicly traded company to streamline its focus on ride hailing and food delivery, according to people familiar with the matter.
March 9, 2023Trucking Titans Share M&A Tips
ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.
NTSB to Investigate Safety at Norfolk Southern
In the wake of three high-profile freight train accidents within the last month, including one that caused environmental damage in East Palestine, Ohio, the National Transportation Safety Board announced March 7 it is opening a special investigation into the safety practices of Norfolk Southern Corp.
Global Supply Chains Back to Normal, N.Y. Fed Says
Global supply chains have returned to normal, the Federal Reserve Bank of New York said, almost three years after COVID-19 was declared a pandemic.