CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.
August 26, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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U.S. Xpress Cuts Nondriving Staff, Slows Spending
Pennsylvania Explores Tolling Alternatives to Fund Bridge Fixes
With the proposal to toll nine major interstate bridges to pay for their replacement or rehabilitation now dead, a panel of Pennsylvania state senators set out to explore what happens next to address these costly but necessary transportation projects.
Truckload Sector’s Q2 Slowdown Not Nearly as Bad as Feared
The truckload sector reported a strong second quarter, but there were signs that nearly two years of robust freight activity may be starting to slow.
Many Ports Report Record Volume Numbers in July
Record-setting container volumes continued flowing through some of the nation’s major ports in July, while industry challenges compelled declines at other facilities.
August 25, 2022TRB to Study Ways to Communicate Value of Freight
Limited ways to improve public dialogue about the importance of freight amid rising volumes is spurring a new study on ways to communicate with stakeholder communities.
Walmart Drone Delivery Service DroneUp Expands
DroneUp, the sole drone partner of Walmart, announced plans to expand its headquarters and establish a research and training facility outside Petersburg, Va., creating 655 new jobs.
Daimler, Waymo Partner on Autonomous Test in Texas
Waymo will soon begin on-highway testing of self-driving Freightliner Cascadia models equipped with redundant systems and components designed to eventually support unmanned operation.
U.S. Xpress Partners With School to Launch Supply Chain Program
High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.
July Truck Tonnage Posts 5.1% Annual Gain
Truck tonnage in July rose 5.1% year-over-year but slipped 1.1% when measured on a sequential monthly basis, according to American Trucking Associations.
Heartland Express to Acquire CFI Truckload Business for $525 Million
Heartland Express Inc. on Aug. 22 announced plans to acquire Contract Freighters’ nondedicated truckload business as well as Mexican entities under CFI Logistica in a $525 million deal.