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The post FreightWaves Infographics: FMCSA delays speed limiter rule to May 2025 appeared first on FreightWaves.
Werner’s Q2 earnings: Too early for an inflection but promising signs ahead (Chart: Werner Enterprises) Werner Enterprises recently released its Q2 numbers which saw its Truckload Transportation Services, a combination of one way and dedicated, decrease by 8.6% in average truck count to net a 3% higher revenue per truck per week. The company’s operating…
Three lobbying groups representing state and local governments are pushing Senate leaders to bring the rail safety bill to the Senate floor for a vote. The executive directors for the National Governors Association (NGA), the National League of Cities (NLC) and the National Association of Counties (NaCo) are pressing Senate Majority Leader Chuck Schumer of…
This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday. FIRESIDE CHAT TOPIC: An overview of the truckload market. DETAILS: The current capacity oversupply is likely to linger until the fourth quarter, said Brent Hutto, chief relationship officer at digital freight marketplace Truckstop, during FreightWaves’ 3PL Summit. KEY QUOTES FROM HUTTO: On the overall…
Freight pundits have spent plenty of time over the last few months wondering when conditions would improve. In the first quarter, despite that initial glimmer of hope in the beginning, capacity remained too high for demand. That pushed rates further downward and contributing to big-ticket acquisition and bankruptcy news within trucking. It did not help…
BOSTON — Daimler Truck is promising more shareholder value and forecast revenue growth of 40%-60% in the second half of the decade as it transitions from diesel trucks to zero-emissions powertrains in its major markets. In its first Capital Markets Day since splitting off from Daimler AG and former parent Mercedes-Benz in December 2021, Daimler…
Air cargo shipments are being delayed Friday by a widespread software outage that has crippled technology systems worldwide, including at airlines and airports. The outage appears to stem from a software update for Microsoft Windows operating systems issued by cybersecurity firm CrowdStrike, which is causing computers at companies and institutions to crash. The company says…