Trucking: Page 19

Trucking industry news affects the rates, on-time delivery metrics and other industry trends that matter to logistics managers. Are you a trucking executive looking for further coverage of the industry? See our sister publication truckingdive.com for additional coverage.


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    Cass: April volume hits 'recessionary levels,' capacity cuts remain open question

    The shippers left on the market are benefiting from lower spot rates, but capacity cuts will be one indicator that market pricing could swing back in favor of carriers.

    By May 14, 2020
  • Union Pacific cites pandemic, trucking market for end of cold chain service

    Executives called refrigerated transportation "a long term growth opportunity" earlier this year, but say the COVID-19 pandemic meant the business could no longer sustain itself.

    By May 12, 2020
  • Shipping containers are stacked at the Port of Los Angeles on February 7, 2023 in Los Angeles, California. Explore the Trendlineâž”
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    Trendline

    Top 5 stories from Supply Chain Dive

    Here’s how companies are navigating rising costs, network changes and logistics disruptions across global supply chain networks.

    By Supply Chain Dive staff
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    Retrieved from Amazon on July 12, 2017
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    Amazon Freight expands to 48 states, furthering control of its logistics network

    The majority of carriers and brokers viewed Amazon's entry to freight hauling negatively, fearing it would push down dry van spot rates. 

    By Jim Stinson • May 7, 2020
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    Kendall Davis/Supply Chain Dive
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    Rail carriers cut capacity as intermodal volume drops 17% in April, the largest fall since 2009

    CSX, Kansas City Southern, Norfolk Southern and Union Pacific all mentioned reducing train starts as a result of falling demand during April earnings calls. 

    By May 7, 2020
  • Coronavirus hit XPO revenue in Q1 despite demand surge from some shippers

    The company's revenue fell in its transportation and logistics segment, but it did see some customers looking for capacity to cover a surge in demand.

    By May 5, 2020
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    Kendall Davis/Supply Chain Dive
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    As trucking demand craters in April, rates follow

    The shippers still moving loads stand to benefit from lower spot rates as the market swings in their favor.

    By May 5, 2020
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    Sponsored by Landstar

    What every heavy haul shipper needs to know

    Don't take any chances with your over-dimensional, over-weight freight.

    April 29, 2020
  • UPS driver Kerry Vannada loads the first VOCSN critical care ventilators for shipping Thursday, April 16, 2020, from the General Motors manufacturing facility in Kokomo, Indiana
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    Retrieved from General Motors on April 23, 2020
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    Inside Ceva Logistics' approach to managing GM's ventilator supply chain

    Retooling production from semiconductors to ventilators requires Ceva and GM to work with hundreds of new suppliers. 

    By April 23, 2020
  • A Chinese Coca Cola truck near Sanya on Hainan Island.
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    "Coca Cola" by WabbitWanderer is licensed under CC BY-SA 2.0
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    Coca-Cola reports border bottlenecks, touts localized supply chain to keep products flowing

    Coca-Cola is experiencing bottlenecks delaying ingredients en route to its plants as health screenings and policy changes slow traffic at border crossings around the world.

    By April 22, 2020
  • Low April shipment volumes could rival early 2009, Cass says

    Shipper spending on transport fell 8% in March, and Cass said it expects transport pricing to remain low through May. 

    By S.L. Fuller • April 15, 2020
  • JB Hunt says shippers' ability to pay is big risk in Q2

    Volume may have reached its peak in March, according to DAT, and as trucking demand declines, so do some shipper revenues. 

    By April 15, 2020
  • Extended truck dwell times spike late loads by 24%

    Delays at facilities and warehouses show shippers are incapable of meeting demand spikes for food and packaged goods, according to a FourKites' CTO.

    By Jim Stinson • April 8, 2020
  • As stay-at-home orders spread, deliveries speed up

    Less congestion means faster and more predictable deliveries, according to data from Convoy. 

    By March 24, 2020
  • XPO ends spinoff strategy in light of COVID-19 outbreak

    CEO Brad Jacobs' January announcement that he would consider selling off parts of the business was a sign trucking M&A was healthy, but world events have conspired against further plans.

    By Jim Stinson • March 20, 2020
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    Kendall Davis/Supply Chain Dive
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    Trucking demand surges as retailers restock

    Analysts said demand spikes and spot rate increases are "directly attributable" to the COVID-19 outbreak as retailers attempt to restock depleted stores. 

    By March 17, 2020
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    Kendall Davis/Supply Chain Dive
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    Struggling intermodal meets further headwinds with coronavirus

    Intermodal had to compete with low spot rates in the trucking sector for all of 2019 and now must deal with a slump in demand caused by a pandemic.

    By March 16, 2020
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    Patent Pending: Walmart's plan for reducing empty miles

    Supply chain innovators apply to patent what they see as important tools for the future. Sometimes they're brilliant. Sometimes they're funny.

    By March 13, 2020
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    XPO Logistics
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    XPO to acquire majority of Kuehne + Nagel's UK logistics assets

    The deal gives XPO access to 75 of Kuehne + Nagel’s 83 logistics facilities in the country and a blue chip customer base in the e-commerce, technology, and food and beverage industries.

    By Morgan Forde • March 10, 2020
  • NRF: Import bounce-back will take more time

    NRF's tracker is now forecasting April imports will be down 3.5% year-over-year, due to the COVID-19 outbreak, while May and June are projected to be slightly more than 9% up. 

    By March 10, 2020
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    Brian Tucker/Supply Chain Dive
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    Coronavirus: A lesson in supply chain risk management

    Companies are finding workarounds as COVID-19 cases and heightened e-commerce demand continue to disrupt supply chains.

    By Updated June 21, 2022
  • XPO cuts brokerage headcount nearly 20%, credits automation

    Revenue for XPO's brokerage division was down 14% year-over-year for 2019, but the company is finding cost savings by automating the process.

    By Feb. 11, 2020
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    Pixabay
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    Trucking companies blame slow manufacturing for rough 2019 volumes

    Landstar expects the weak trucking environment to continue in the coming months and said "it is difficult to predict the economic environment in the back half of 2020."

    By Feb. 6, 2020
  • Hyundai, Airbus stop production as coronavirus leaves manufacturers scrambling

    Two Hyundai suppliers, Kyungshin and Yura Corporation, have announced plans to increase production outside of China to make up for supply shortages and plan to resume production Sunday at their Chinese locations.

    By Feb. 5, 2020
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    Cummins
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    Cummins cuts inventory by $400M anticipating truck production downturn

    Private fleets are "awash in excess equipment,” according to ACT Research. Cummins' CEO said Tuesday he expects heavy-duty truck production for North America to be down 40% year-over-year in 2020.

    By Feb. 5, 2020
  • 'Extreme, unprecedented' trucking market changes hit CH Robinson

    C.H. Robinson forecasted in October the market would remain favorable to shippers through the first half of 2020, and so far, the data shows the 3PL's prediction to be true.

    By Jan. 30, 2020