UPS and rival FedEx, the two largest for-hire fleets in the U.S. are under pressure to speed up deliveries as Amazon morphs into a competitor by building out an overnight cargo-airline service and ground-delivery network.
Category: News
With fewer loads available, spot rates soften
With most of the country in a heat wave, spot truckload rates wilted during the week ending July 21, said DAT Solutions, which operates the industry’s largest network of load boards.
Load-posting volume on the DAT network slipped 16% while the numbe
NTSB Nominees Tout Safety Focus Before Senate Committee
WASHINGTON — Nominees to serve on the independent National Transportation Safety Board emphasized the need to continue to thoroughly investigate high-profile accidents to ensure the reliability of freight and passenger corridors during a Senate hearing July 24.
NTSB Nominees Tout Safety Focus Before Senate Committee
WASHINGTON — Nominees to serve on the independent National Transportation Safety Board emphasized the need to continue to thoroughly investigate high-profile accidents to ensure the reliability of freight and passenger corridors during a Senate hearing July 24.
Landstar Reports Record Earnings Per Share in 2Q
Landstar System Inc. reported record second-quarter earnings per share of $1.53 on second-quarter net income of $61.1 million, which compares with $1.51 per share on net income of $62.5 million during the same period a year ago.
Landstar Reports Record Earnings Per Share in 2Q
Landstar System Inc. reported record second-quarter earnings per share of $1.53 on second-quarter net income of $61.1 million, which compares with $1.51 per share on net income of $62.5 million during the same period a year ago.
Tesla Plunges on Quarterly Loss, Backtracks From Profit Forecast
Tesla Inc. shares plummeted in late trading after the electric-car maker posted a worse-than-expected loss and backtracked from a forecast for a return to profit.
Amazon Eyes Large Warehouse Spot at Brooklyn’s Industry City
Amazon.com Inc. is in talks to rent space at Brooklyn’s Industry City for a new logistics facility, according to a person with knowledge of the matter.
Echo Global Reports Lower Revenue, Net Income in 2Q
Echo Global Logistics reported decreased revenue and net income as the softer freight market and weaker spot prices took a toll on earnings.
N.D. Grand Champion Gets By With a Little Help From His Friends
Scott Meyers, Grand Champion of this year’s North Dakota Truck Driving Championships, says support from his coworkers and the competition truck driving community helped power him to a first-place trophy.