Nearly a week after the body of Dave Schultz was discovered in a field less than a mile from where his abandoned red- and white-striped Peterbilt with a loaded trailer of pigs was located in Sac County, Iowa, his family has more questions than answers. The Wall Lake, Iowa, man’s widow, Sarah Schultz, says she’s…
According to the Federal Motor Carrier Safety Administration, semi-trailers account for 53% of all fatal collisions involving large trucks. As a result of the high number of accidents involving semi-trucks, most insurance companies advise carriers to have drivers take driver safety courses regularly to promote safe driving and keep insurance rates low. The top reasons…
ArcBest missed first-quarter expectations on Tuesday, reporting a net loss of $2.9 million, or 12 cents per share. The unadjusted result included a $21.6 million charge from the closure of a tech company it was backing. After adjusting for several items the company considers nonrecurring (various technology costs including a freight handling pilot, acquisition-related expenses…
Logistics professionals have long heralded industry conferences as some of the best places to connect with peers, learn about emerging solutions, and grow relationships with existing partners. This is especially true in the years after the coronavirus pandemic. For many, these conferences are now the only opportunity to meet with industry connections face-to-face. Tenstreet held…
Modest growth in domestic e-commerce volumes plus improved aircraft utilization from network rebalancing helped Canadian airline Cargojet further stabilize performance during the first quarter, setting the table for growth this year despite lingering concerns about inflation. Cargojet (TSX: CJT) reported Tuesday that revenue of US$169 million was nearly flat year over year, while adjusted earnings…