FedEx Corp.’s pains are far from over. Expectations from its upcoming fiscal fourth-quarter results already have hit rock bottom, and now analysts say its entanglement in the prolonged U.S.-China trade war may dampen the outlook for the next year as well.
Category: News
Rising Class 8 Sales in May Signal Demand Alive and Well
U.S. retail sales of heavy-duty trucks kept up momentum in May, pushing into the 20,000-plus territory for the 10th time over the past year, WardsAutomotive.com reported.
Lazer Spot Makes First Acquisition, Buys Assets of Mesko Spotting Service
Lazer Spot Inc. moved to expand its distribution center yard management services by purchasing assets of Mesko Spotting Service Inc., a rival company based in Allentown, Pa., for an undisclosed amount.
FET opponents rally on Capitol Hill
“The FET is an unfair method of taxing the trailer industry, and it limits the purchase of newer, safer and greener trailers and parts — all of which are boons to the economy,” says Gwendolyn Brown, NTDA president. “As increasing regulatory burdens are mandated by the EPA, CARB and other government agencies, the costs of heavy-duty trucks and trailers continue to increase making the FET that much more burdensome.”
4 transformational trucking technology trends
Fleets need to continue to keep up-to-date on developments in these areas so they will be able to determine when the time is right to embrace new technologies in order to maximize their impact on fleet operations.
Why ADAS and autonomous vehicles need thermal infrared cameras
A challenging requirement calls for advanced technology.
Spot rates, volumes stay firm after Roadcheck
The number of truck posts on the spot truckload freight market jumped 14% during the week ending June 16, said DAT Solutions, which operates the industry’s largest load board network. The increase is in line with expectations following CVSA Internati
Data Shows There Are More Truckers Than Ever, but Experts Say the Driver Shortage Is Still an Issue
While U.S. Census Bureau data shows the number of truckers at an all-time high, industry experts contend a driver shortage remains an issue.
FMCSA Chief Ray Martinez Tells Congress HOS Proposed Rule in ‘Final Stages’
WASHINGTON — A proposed rule meant to update hours-of-service guidelines for truck drivers will be announced in the near term, Ray Martinez, head of the Federal Motor Carrier Safety Administration, said during a hearing of the Senate Commerce Committee
Tonnage Drops 6.1% in May, ATA For-Hire Index Shows
Tonnage took a 6.1% decline in May, according to American Trucking Associations’ For Hire Truck Tonnage Index. Compared with May 2018, the seasonally adjusted index increased 0.9%, the smallest year-over-year gain since April 2017.