The spend-crazy consumer has been both a blessing and a curse for the logistics industry. The positive is the additional volume of boxes being moved. The negative? Fraud, theft and rising logistics costs. We have heard stories about or know at least one person who has worn an outfit with the tag on to a…
This year’s Future of Freight Festival takes place Nov. 19-21 in Chattanooga, Tennessee. But it’s not your average conference. Sure, there are wonderful speakers and fireside chats. But that’s only half the fun. F3 is set up with half-days of speakers and amazing content. The other half we take over downtown Chattanooga, and there are…
This story originally appeared on Trains.com. ATLANTA – Operational improvements helped Norfolk Southern win back service-sensitive intermodal and automotive traffic while driving down costs and boosting the railroad’s profitability in the second quarter. “While our work continues, our second quarter results represent an encouraging inflection point in our operating performance,” CEO Alan Shaw said on…
On Episode 740 of WHAT THE TRUCK?!?, Dooner is talking about a pair of trucking companies in Miami that have filed for bankruptcy protection. Also in headlines, the Federal Motor Carrier Safety Administration says its hands are tied when it comes to fighting double brokering. Warehouse training enters the cybersphere with virtual reality training stations….
The word “trough” came up several times during Ryder System’s earnings call with analysts, as CEO Robert Sanchez and others suggested that the second quarter was the low point of a freight cycle that they see as primed for an upturn. Sanchez said 2024 will “represent trough conditions in used sales and rental.” Sanchez later…