Category: News

FR8 rolls out heavy haul online marketplace

Firm’s new service offers a patent-pending rate calculator for pricing oversized and overweight loads, which includes up-to-date state permit fees and escort costs.

Cloud-based freight service provider FR8 Revolution is rolling out a new “heavy haul marketplace” called “FR8Star” that includes a patent-pending rate calculator for pricing oversized and overweight loads, including up-to-date state permit fees and escort costs.

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FedEx Profits Up 3.7% But Miss Earnings Forecast

FedEx Corp. reported that profits rose 3.7% on a year-over-year basis in its fiscal third quarter after a holiday season that Chairman and CEO Fred Smith called “outstanding,” although results fell short of the consensus forecast from industry analysts.

FedEx Profits Up 3.7% But Miss Earnings Forecast

FedEx Corp. reported that profits rose 3.7% on a year-over-year basis in its fiscal third quarter after a holiday season that Chairman and CEO Fred Smith called “outstanding,” although results fell short of the consensus forecast from industry analysts.

FedEx Profits Up 3.7% but Miss Earnings Forecast

FedEx Corp. reported that profits rose 3.7% on a year-over-year basis in its fiscal third quarter after a holiday season that Chairman and CEO Fred Smith called “outstanding,” although results fell short of the consensus forecast from industry analysts.

LTLs Offer Storage to Speed Up E-Commerce Deliveries

Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.

LTLs Offer Storage to Speed Up E-Commerce Deliveries

Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.

ATA: tonnage slipped in February

However, 2017 is still looking like “a better year” for the industry, according to one analyst.

The American Trucking Associations (ATA) said its for-hire truck tonnage index slipped 0.1% in February following a 2.9% increase in January, with the index down 2.8% on a year-over-year basis when compared to February 2016.

However, year-to-date when compared with the same two months in 2016, the index is only off 0.1%, noted Bob Costello, ATA’s chief economist, in a statement.

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ATA: tonnage slipped in February

However, 2017 is still looking like “a better year” for the industry, according to one analyst.

The American Trucking Associations (ATA) said its for-hire truck tonnage index slipped 0.1% in February following a 2.9% increase in January, with the index down 2.8% on a year-over-year basis when compared to February 2016.

However, year-to-date when compared with the same two months in 2016, the index is only off 0.1%, noted Bob Costello, ATA’s chief economist, in a statement.

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