Truck tonnage in February increased 2.3% when compared with the same month in 2022 according to American Trucking Associations’ For-Hire Truck Tonnage Index, marking the 18th straight year-over-year gain and the largest since October.
March 21, 2023Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Truck Tonnage Increases 2.3% in February
CSX CEO Joe Hinrichs Wants Rail to Carry More Freight
CSX CEO Joe Hinrichs says he wants to repair broken relations with union workers and customers and attract more businesses to send their freight over rails instead of roads.
Knight-Swift Agrees to Acquire U.S. Xpress
Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.
Amazon Contractors Confront Customer Bias in Driver Reviews
Amazon trusts customers to provide an honest rating of their delivery driver. But what if the customer is biased against the driver?
Container Volumes Fall at Most US Ports
A combination of the Lunar New Year, and concerns over labor talks and a slowing global economy resulted in a 43% drop in container cargo at the Port of Los Angeles in February.
Maersk Sells Last Major Energy Asset
A.P. Moller-Maersk A/S has finally found a buyer for its last major energy-division asset after putting it up for sale seven years ago, allowing it to complete a historic transformation into a pure transport operator.
Ports of L.A., Long Beach Join Bid to Be Hydrogen Fuel Hub
The Los Angeles and Long Beach ports want to be part of a statewide clean hydrogen hub, through which they would get funding to test usage of the fuel to power trucking and terminal equipment.
Five Questions for Nicole White
Odyssey Logistics & Technology's chief information officer heads global technology strategy and IT operations.
March 17, 2023Incentivizing Driver Excellence
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.
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.