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Logistics News
Business, Technology, Equipment, Logistics

Penske Truck Leasing Announces Hawaii Expansion

A second Penske Truck Leasing facility has opened in Hawaii, located on the west side of the island of Oahu in Kapolei, the company announced Aug. 1.

August 6, 2018
Government, Business, Logistics

New Jersey Beverage Distributor Seeks 14-Hour Workday for Its Drivers

Allied Beverage Group, a large New Jersey beverage distributor, has requested that the company’s shorthaul drivers utilizing the record of duty status exception be allowed to return to their work-reporting location within 14 hours instead of the usual 12 hours, the Federal Motor Carrier Safety Administration announced Aug. 3.

Eric Miller | Senior Reporter
August 3, 2018
Business, Logistics, TCA, Top 100

U.S. Xpress Revenue Grows 21.4% in Past Year

A three-year turnaround in the operations and culture at U.S. Xpress Enterprises helped the Chattanooga, Tenn., trucking firm raise more than $250 million in an initial stock offering in June and deliver its best operating ratio in two decades this spring.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
August 3, 2018
Business, Logistics, Top 100

YRC Worldwide Reports Mixed 2Q Earnings Compared With 2017

YRC Worldwide Inc. reported a decline in second-quarter net income, even as operating revenue increased.

Dan Ronan | Senior Reporter
August 2, 2018
Business, Logistics

XPO Logistics Posts Record Results in Second Quarter

XPO Logistics posted its best-ever second quarter as a strong economy generated demand for freight hauling and logistics services, and the company was able to capitalize on a shift toward greater outsourcing of transportation by shippers.

Daniel P. Bearth | Staff Writer
August 1, 2018
Business, Logistics, Top 100

Saia Follows Industry Trend With Record Earnings in 2Q

In the midst of a buoyant economy, less-than-truckload carrier Saia Inc. on Aug. 1 reported record second-quarter earnings. Saia said operating revenue was up nearly 18%, reaching nearly $428.7 million, or $1.18 a share, compared with $364.4 million, or 69 cents a share, for the same period in 2017.

Dan Ronan | Senior Reporter
August 1, 2018
Business, Logistics, TCA

Vancouver Port Celebrates Completion of Freight Rail Project

Port of Vancouver administrators, along with political and industry leaders, stood atop a small stage in a largely vacant marine terminal the morning of July 31 to celebrate the completion of the $251 million West Vancouver Freight Access project.

Dameon Pesanti | The Columbian (Vancouver, Wash.)
August 1, 2018
Government, Business, Logistics

Why the Trucking Shortage Is Costing You

A shortage of truck drivers that has been simmering in the United States for years has reached a full boil, causing anxiety from small factories to the Federal Reserve.

August 1, 2018
Logistics, TCA

Truckers Say Port Everglades Terminal Boycott Still Possible

As the Aug. 1 deadline for a potential boycott looms, disagreements persist between members of the South Florida trucking community and Port Everglades Terminal LLC.

Ellie Rushing | The Sun Sentinel (Fort Lauderdale, Fla.)
July 31, 2018
Business, Logistics

Landstar Analyst Invokes ‘Spaceballs’ in Bullish Freight Thesis

Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”

Shelly Hagan | Bloomberg News
July 31, 2018
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