Falling revenue per tractor and higher equipment and insurance costs will narrow Covenant Transport's third-quarter profits, and the truckload carrier won't be alone.
09 May 2016
Facing a soft LTL market, Roadrunner takes steps to build out its U.S. network and attract freight from western Canada.
03 Mar 2016
FedEx, the largest less-than-truckload carrier in North America and the second-largest trucking operator in the U.S., has joined the league of logistics industry groups, including rival UPS, opposed to a proposed Canadian Pacific-Norfolk Southern railway merger.
10 Feb 2016
Roadrunner Transportation Systems is adding less-than-truckload network capacity in Texas and Memphis and offering a guaranteed delivery service to expand business with industrial shippers.
27 Jan 2016
Despite an alleged "freight recession," Covenant Transportation Group increased freight revenue 10.8 percent in the fourth quarter, as e-commerce generated a peak-season shipping surge in that benefited the truckload group, which provides capacity to other carriers as well as shippers.
14 Jan 2016
Truckload carrier U.S. Xpress is offering a big pay hike to accident- and ticket-free solo truck drivers, a route other trucking companies may choose in 2016.
25 Nov 2015
Mark Herbison, Greater Memphis Chamber, on the city's history as a trade hub, current rail, river, road, rail and air advantages, as well as funding needs for infrastructure expansion.
16 Sep 2015
Weak demand in the less-than-truckload market and higher-than-expected operating costs in its ground segment spurred FedEx to trim down its earnings outlook for 2016.
16 Sep 2015
astman Chemical is avoiding hundreds of 300-mile round truck trips a month to the Port of Charleston by loading them at the inland port in Greer, South Carolina.
22 Jul 2015
FedEx Express is re-engineering its global network by replacing older, higher capacity planes with more efficient, technically advanced aircraft that have lighter payloads. The result should be a more efficient, higher yield operation in an era of slower air cargo trade.
04 Jun 2015
As trucking firms battle for qualified drivers, Covenant Transport is offering more than 1,000 team drivers on its payroll $1,000 a week in guaranteed minimum pay, perhaps the largest guarantee of its kind yet. That kind of guarantee requires strong support from shippers.