FedEx Logistics will move its global headquarters to the former Gibson Guitar factory building in Memphis, Tenn., according to a Feb. 12 press release.
February 13, 2019Search
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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.
Fleets Offer Salaries, Other Pay Models to Retain Drivers Amid Labor Shortage
Cents per mile remains the dominant form of pay in the for-hire truckload sector, but its dominance is not as strong as it once was as fleets embrace alternative pay models that take cyclicality out of driver pay. Fleets that have implemented new payment methods said drivers appreciate the steady income.
February 13, 2019Federal Framework on Autonomous Vehicles Policy Essential, UPS Executive Says
WASHINGTON — Nationwide policy for autonomous cars and trucks has the potential of facilitating the flow of freight while improving safety, according to a senior executive at UPS Inc. on Feb. 12.
February 13, 2019New England Motor Freight Shutdown Shakes Less-Than-Truckload Freight Market
In a move sure to shake up the regional less-than-truckload freight market in the Northeast and Mid-Atlantic states, New England Motor Freight filed for bankruptcy Feb. 11 and said it intends to wind down all of its trucking operations.
February 12, 2019Walmart Wants to Expand Reach in Online Advertising
Walmart Inc. is big in almost every way — 4,755 stores, 1.5 million employees and $380 billion in revenue in the United States alone. But one part of the world’s largest retailer remains minuscule. “We have a tiny ad business,” CEO Doug McMillon told investors in October. “It could be bigger.”
February 11, 2019U.S. Xpress Enterprises' Efficiency Moves Pay Off
Efforts by dry van truckload carrier U.S. Xpress Enterprises to boost profits by improving the efficiency of its trucking operations are paying off.
February 8, 2019Forward Air Achieves Record Revenue, Profits in 4Q
Forward Air Corp. turned in its best-ever fourth quarter and full year in 2018 with profits topping expectations and revenue increasing across most of its freight service lines.
February 7, 2019Old Dominion Reports Revenue Gains for 4Q, Full Year
Old Dominion Freight Line Inc. on Feb. 7 reported strong fourth-quarter and full-year results.
February 7, 2019Mullen Group Takes Hit From Downturn in Oil Field Services
Mullen Group reported higher revenue and profits in the fourth quarter of 2018 despite a “market meltdown” caused by falling oil prices that curtailed demand for transportation services as the year ended.
February 7, 2019Werner Enterprises Posts Record Results
Werner Enterprises produced record revenue and higher profits in the fourth quarter of 2018 as a strong economy fueled demand for both its trucking and logistics services.
February 7, 2019