USA Truck posted its first profitable first quarter in eight years this week. It also marks the fourth consecutive profitable quarter for the firm as it pursues a new corporate strategy as a “capacity solutions provider,” the company said.
Don’t call the Freightliner Inspiration a “driverless truck.” The heavy-duty tractor, unveiled yesterday by Daimler Truck North America, is an “autonomous commercial vehicle,” but the driver is still a key part of the “collaborative vehicle system.”
Direct ChassisLink has expanded its Direct ChassisLink pool in Southern California and has contributed to the pool formerly included in the Grand Alliance pool. The Direct ChassisLink pool now has 28,000 units in Los Angeles-Long Beach.
An employee-based trucking model backed by venture capital that was announced Monday in Los Angeles-Long Beach is expected to gain traction in harbor drayage, but it won’t dominate the industry any time soon.
Fresh off the announcement of yet another acquisition, XPO Logistics’ hunger can’t be sated with CEO Bradley Jacobs eying more deals in Europe and North America.
Canadian trucking operator Manitoulin Group acquired Ridsdale Transport, a less-than-truckload carrier based in Saskatoon, Saskatchewan. The acquisition makes Manitoulin the province’s largest transportation provider, the company said.
A change in truck driver hours-of-service rules and a slower-than-expected economy delivered additional “surge capacity” to shippers in the first quarter, Noël Perry said at the 2015 ALK Transportation Technology Summit in Princeton, New Jersey, on Tuesday.
There’s a silver lining in every sky-high stack of containers — if you’re an expedited trucking company. For carriers that move goods quickly by any and all means possible, the container logjam that built up during the West Coast port labor dispute was simply a bonanza.
XPO Logistics will nearly triple its drayage capacity through the acquisition of Bridge Terminal Transport for $100 million.