On a recent episode of Taking the Hire Road, Jeremy Reymer was joined by Spencer Ware, co-founder and CEO of Repowr, and Patrick Visintainer, co-founder and COO of Repowr, to talk about asset underutilization and it’s impact on the freight industry. The co-founders also shared some of the experiences that led to the creation of…
Cross-border less-than-truckload carrier Averitt has undertaken a major expansion of its distribution and fulfillment center in San Antonio. The expansion was spurred by the nearshoring movement of companies shifting production and manufacturing to Mexico to be closer to the U.S., officials said. “We’re really just beginning to see the effects of nearshoring on cross-border trucking,”…
The dust continues to settle from numerous layoffs at Forward Air last week, multiple people familiar with the matter told FreightWaves. The sources said the job cuts range from clerical positions to the C-suite and include many sales and technology roles. A representative for Forward was unable to confirm the total number of positions impacted…
Freight shipments and total freight spend remained under pressure again in May, according to data from Cass Information Systems. Shipments in May were flat with April but down 5.8% year over year (y/y). The y/y decline was 1.8 percentage points more pronounced than in April, and when adjusting for seasonal trends, the shipments index was…
Last week, FreightWaves spoke with several truck drivers throughout the U.S. who have pet companions along with them on their journeys. Viewers of WHAT THE TRUCK!? joined in by sharing photos of their animal co-drivers. Here are some of the user-submitted photos: Check the episode of WHAT THE TRUCK?!? below The post Pets on the…