Old Dominion’s Q1 miss sends LTL stocks lower
Share prices of less-than-truckload carriers fell on Wednesday following Old Dominion Freight Line’s lackluster first-quarter result. The company said freight volumes have stabilized but that there ha
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Share prices of less-than-truckload carriers fell on Wednesday following Old Dominion Freight Line’s lackluster first-quarter result. The company said freight volumes have stabilized but that there ha
The logistics industry as a whole has been shaken up over the past few years. While every sector has seen its fair share of upgrades, challenging and shifting priorities, the …
With Ryder System continuing to focus on growth in its Supply Chain Solutions (SCS) and Dedicated Transportation Solutions (DTS) segment as part of its long-term strategy, the company’s first-quarter
Uncertainty. It’s a word logistics managers have said so many times that if they had a dollar for every time they said it or wrote it in a sentence, they …
Cargolux, Europe’s largest all-cargo airline, achieved its best financial results ever in 2022 with after-tax profit of $1.6 billion, but suggested that geopolitics and an influx of passenger capacity
Conventional wisdom says that if you’re a small-business truck owner and the freight market is in a downcycle, good luck trying to survive against your larger-carrier competition with deeper pockets …
Five years ago, air cargo in Chicagoland was the near-exclusive province of O’Hare International Airport. Now four airports ringing the southwestern shore of Lake Michigan are all investing to support
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FreightWaves CEO and founder Craig Fuller and Head of Freight Market Intelligence Zach Strickland discussed global supply chain conditions in the latest “State of Freight” webinar on April 20. They
The signals have been flashing curiously green in container shipping of late. Spot rates are up. Charter rates and durations are up. Secondhand ship sales are brisk and asset prices …
Double brokering occurs when a broker hands any given shipment over to a secondary broker without the consent of the shipper. It’s a massive threat to the integrity of the …
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. FreightWaves explores the archives of American Shipper’s nearly 70-year-old collect
Five years ago, air cargo in Chicagoland was the near-exclusive province of O’Hare International Airport. Now four airports ringing the southwestern shore of Lake Michigan are all investing to support
Yellow Corp. said Tuesday it has approved Teamsters selection David Webber to serve on its board of directors. As a holder of the company’s series A preferred stock the union …
Both the California Trucking Association and the Owner-Operator Independent Drivers Association have filed amended complaints in the ongoing lawsuit regarding California’s AB5 independent contractor l
One quarter into the year, and it’s clear this will be a tussle for CEO Carol Tomé & Co. When the year started, UPS Inc. (NYSE: UPS) put its full-year …
Paccar Inc. posted first-quarter income well above a year ago even with a $446 million after-tax charge to settle civil suits from a 7-year-old price fixing case in Europe. The …
Double brokering occurs when a broker hands any given shipment over to a secondary broker without the consent of the shipper. It’s a massive threat to the integrity of the …
Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. …
Canadian Pacific Kansas City (CPKC) railroad and Knight-Swift Transportation announced Tuesday a deal to provide truckload capacity for a Mexico-to-Chicago cross-border train that will launch in mid-M