Landstar Navigates Market Challenges with Optimistic Outlook
Landstar System, a logistics company, shared a mixed bag of results in their recent earnings call, staying optimistic despite a tough market.
J.B. Hunt's Q1 Earnings: Missed Expectations Amid Challenges
J.B. Hunt Transport Services didn't quite hit the mark this quarter, with earnings per share landing at $1.22, below the expected $1.50.
March Performance Reflects Continued Challenges for Freight Industry
In March, the freight sector didn't quite hit the usual spring upswing, with the Cass Freight Index reporting that both shipments and expenditures mostly mirrored February's figures, falling short of typical seasonal patterns.
Tragic Incident at Brenham DPS Office Highlights Security Needs in Licensing Facilities
For those of us in the transportation and logistics industry, the recent tragic incident in Brenham, Texas, where a man drove a stolen 18-wheeler into a Department of Public Safety (DPS) office, serves as a stark reminder of the critical importance of security and mental health support in our field.
Taking a Look at Recent Layoffs in the Freight and Logistics Industry
Over the past few weeks, the freight and logistics industry has witnessed significant layoffs across several states including Florida, Georgia, Illinois, Michigan, and Texas.
Debate Over Easing CDL Testing Regulations
The Federal Motor Carrier Safety Administration (FMCSA) has proposed a rule to simplify the process for obtaining a Commercial Driver’s License (CDL), aiming to address the driver shortage in the trucking industry.
New Era in Trucking As Biden Pushes for Electric Heavy Vehicles
The Biden administration just rolled out a regulation that’s all about boosting the sales of electric or zero-emission heavy vehicles, like school buses and cement mixers.
Postal Service Safety Report Reveals Oversight Gaps in Trucking Contracts
A recent safety report by the U.S. Postal Service's Office of Inspector General (OIG) suggests lax oversight of contracted trucking companies, brokers, and drivers may contribute to accidents and fatalities on American highways.
Nikola Corporation Launches First HYLA High-Pressure Modular Refueling Station in SoCal
Nikola Corporation (Nasdaq: NKLA) recently opened its first HYLA high-pressure modular refueling station in Southern California, marking a significant step in zero-emissions transportation.
California Judge Upholds AB5 in Landmark Decision
In a significant ruling, a federal judge in California rejected a challenge against the state's independent contractor law, AB5, from the trucking industry.
116,000 Peterbilt & Kenworth Semi-Trucks Recalled Due to Gear Shifter Issue
Approximately 116,000 Peterbilt and Kenworth semi-trucks were recalled due to issues with improperly crimped connectors in the gear shifter. T
Minnesota Trucking Company Engulfed in Flames
A trucking company in Minnesota went up in flames due to a significant fire ignited by a smoking semi truck on Tuesday afternoon.
Truck Driver's ELD Exemption Request Sparks Safety Investment Debate
Federal regulators are mulling over an exemption request from a truck driver, Arbert Ibraimi, who argues that spending money on other safety measures would be more beneficial than investing in Electronic Logging Devices.
Rising Insurance Costs and Market Pressures are Rampant in Trucking
Rising insurance costs are causing many trucking companies to call it quits, leading to a hyper-competitive market for insurers.
California Freight Forwarder Boateng Logistics Files for Bankruptcy, Leaving Industry Stakeholders Millions in Debt
A California-based freight forwarder, Boateng Logistics, has filed for bankruptcy liquidation, leaving trucking, logistics, and factoring companies owed millions.
Nikola's Hydrogen Semi Trucks Make Waves in North America
Nikola made waves with its hydrogen fuel cell electric semi trucks hitting North America, and Biagi Bros. Logistics showcased their new Nikolas on social media shortly after.
Flexport Re-Launches The Convoy Platform
Flexport has launched The Convoy Platform, a technology solution aimed at providing small carriers with access to freight while offering real-time competitive rates, shipment visibility, and on-time performance to shippers and brokers.
Trump-Supporting Truckers Stage NYC Delivery Boycott Amidst Ex-President's Fraud Fine
Some Trump-supporting truckers are boycotting deliveries to New York City following the former president's $355 million fraud fine.
FMCSA's Call for Truck Lease Agreements is Combating Predatory Practices for Driver Safety
The Federal Motor Carrier Safety Administration (FMCSA) is requesting lease agreements from truck drivers, especially if they suspect predatory or fraudulent terms.
Knight-Swift Acquires Terminal Assets from Yellow and Venturing into LTL Sector
Companies have invested nearly $2 billion to acquire terminal assets from Yellow, comprising 128 properties and 25 leases.