Truckload carrier Covenant Logistics Group beat fourth-quarter expectations for profit and revenue, “despite the lingering weakness in the overall freight environment,” according to Tripp Grant, executive vice president. Chattanooga, Tennessee-based Covenant (NASDAQ: CVLG) reported fourth-quarter earnings after the market closed Tuesday. Company officials held a conference call to discuss the results with analysts on Wednesday….
On episode 673 of WHAT THE TRUCK?!? Dooner is talking to FreightWaves’ Donny Gilbert about if truckload markets are in recovery. We’ll look at the data driving your freight. Gilbert also tells us what lanes are paying the most right now. The Armchair Attorney Matthew Leffler breaks down the defamation case between project44 and FourKites….
Fleet telematics provider Samsara Inc. filed suit against rival Motive Technologies in federal court Wednesday, alleging Motive, formerly KeepTruckin, copied and used its proprietary technology, engaged in false and misleading advertising and created fictitious accounts to gain access to Samsara’s connected vehicle platforms. In the 94-page lawsuit filed in the U.S. District Court for the…
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Elmer Bontrager, a Kentucky-based truck driver, doesn’t mind his overly helpful big rig. But he knows it has its limits. Bontrager’s semi-truck wants to alert him whenever it seems like he’s going to mess up. The problem is, the truck isn’t always correct. A weigh station, for example, might have a stop sign where the…