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Why the Trucking Shortage Is Costing You

A shortage of truck drivers that has been simmering in the United States for years has reached a full boil, causing anxiety from small factories to the Federal Reserve.

August 1, 2018
LogisticsTCA

Truckers Say Port Everglades Terminal Boycott Still Possible

As the Aug. 1 deadline for a potential boycott looms, disagreements persist between members of the South Florida trucking community and Port Everglades Terminal LLC.

July 31, 2018
BusinessLogistics

Landstar Analyst Invokes 鈥楽paceballs鈥 in Bullish Freight Thesis

Landstar System鈥檚 stock is traveling at 鈥渓udicrous鈥 speed after a series of bullish analyst calls, including one with references from the movie 鈥淪paceballs.鈥

July 31, 2018
BusinessLogistics

Echo Global Logistics Income, Revenue Jump

Echo Global Logistics reported record second-quarter net income of $7.7 million from a loss of $200,000 in the second quarter of 2017. The Chicago-based third-party logistics company reported earnings per share of 28 cents, up from a loss of minus 1 cent a share a year ago.

July 27, 2018
BusinessLogistics

TFI International Reports Improved Second-Quarter Earnings

Canadian transportation and logistics company TFI International reported second-quarter net income of C$80.4 million, or 89 cents per share, a significant turnaround from last year when TFI reported a quarterly loss of $75 million, or 82 cents per share.

July 27, 2018
GovernmentBusinessLogisticsTCA

Texas City Cracks Down on Truck Route Violators

An ordinance prohibiting commercial motor vehicles from traveling in the Odessa, Texas, city limits is beginning to show its effect, as five truckers were found guilty of violating the law July 25.

July 27, 2018
GovernmentBusinessEquipmentLogisticsTCA

Chassis Pool OK鈥檇 for Georgia, South Carolina Ports

The creation of a common chassis pool by the port authorities for Georgia and South Carolina will go forward.

July 27, 2018
GovernmentBusinessLogisticsTCA

Savannah Port Sets Container Record

The year has been another one for the record books at the Savannah ports.

July 26, 2018
BusinessLogisticsTop 100

Forward Air Reports Strong 2Q Earnings

Forward Air Corp., a mostly expedited LTL carrier, reported July 26 second-quarter net income of $24.3 million, or 83 cents per share compared with $19.7 million, or 65 cents, a 23% increase from a year ago. The company鈥檚 operating revenue increased to $330.3 million compared with $283.9 million, a 16% jump.

July 26, 2018
BusinessLogistics

Knight-Swift Shares Tumble Most in Four Years Amid Driver Shortage

Knight-Swift Transportation Holdings Inc. lost almost a fifth of its market value July 26, marking the biggest drop in four years, after sales fell because of a lack of drivers.

July 26, 2018

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