Old Dominion Freight Line said it is seeing promising signs around demand but that it isn’t yet ready to call a cycle upturn. However, its operating ratio guidance for the second quarter was weaker than the historical trend, which may be the reason shares of less-than-truckload carriers sold off on Wednesday. Old Dominion (NASDAQ: ODFL)…
This fireside chat recap is from FreightWaves’ Small Fleet and Owner-Operator Summit. FIRESIDE CHAT TOPIC: An update on the transportation and logistics M&A landscape. DETAILS: The transportation M&A market appears to have stabilized, said Spencer Tenney, president and CEO of M&A advisory firm the Tenney Group, at FreightWaves’ Small Fleet and Owner-Operator Summit. KEY QUOTES…
On Episode 709 of WHAT THE TRUCK?!?, Dooner is coming to you live from FreightWaves’ Small Fleet & Owner-Operator Summit. FreightWaves’ Alan Adler joins the show to talk about electrification options for small fleets. Are any of them viable yet? Truck Parking Club’s Evan Shelley and Hunter Shearer are celebrating their 365th parking location. We’ll…
The freight transportation industry has been increasingly impacted by identity theft, according to Kendra Tucker, CEO of Truckstop. Tucker was the guest on the latest episode of Fuller Speed Ahead, hosted by FreightWaves CEO and founder Craig Fuller. The show aired during FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday. “Identity theft is something that…
This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday. FIRESIDE CHAT TOPIC: Riding Solo While Building Community DETAILS: Jamie Hagen, owner of Aberdeen, South Dakota-based Hellbent Xpress, talks about the importance of community and saving pennies in the trucking business. The small fleet owner explains how Twitter acts as the…