Carriers are boosting compensation to address an ongoing driver shortage that some fear may worsen as a recent surge in COVID-19 cases threatens to put new strains on the supply chain.
November 19, 2020Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Diesel Jumps 5.8¢ a Gallon in Largest Increase of 2020
The national average price of diesel spiked by 5.8 cents per gallon, more than twice the previous high for the year, according to the Energy Information Administration’s weekly data released Nov. 16.
November 16, 2020KAG Completes Acquisition of Fort Transfer Co.
The Kenan Advantage Group Inc. announced it completed the acquisition of Fort Transfer Co. in Morton, Ill.
November 13, 2020Carriers Highlight Industry Issues Persisting After Volatile Year
Trucking companies detailed the market challenges that persist in the waning weeks of 2020 during a three-day conference on economic trends.
November 10, 2020Landstar VP, CFO Kevin Stout Transitions to Advisory Role
Landstar System Inc. announced Chief Financial Officer Kevin Stout stepped down Nov. 2, but will remain at the company as special adviser to President Jim Gattoni.
November 9, 2020Landstar VP, CFO Kevin Stout Transitions to Advisory Role
Landstar System Inc. announced that Kevin Stout ended his role as vice president and chief financial officer Nov. 2 and will become special adviser to company President Jim Gattoni.
November 6, 2020XPO Posts Revenue Increase, Net Income Decrease in Q3
XPO Logistics Inc. saw revenue tick up and net income dip in the third quarter, and the company said business activity has bounced back from earlier downturns.
November 5, 2020Ryder Looks to Advance Tech With Venture Capital Fund
Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2.
November 4, 2020ArcBest Records Increase in Q3 Net Income, Revenue
ArcBest Corp. posted gains in net income and revenue in the third quarter as its business rebounded from the economic impact of the coronavirus pandemic.
November 3, 2020YRC Posts Narrowed Q3 Loss, Will Change Corporate Name to Yellow
YRC Worldwide Inc. narrowed its losses during the third quarter, announced plans to change its name to Yellow and expanded its board of directors.
November 2, 2020