Jeremy Reymer, CEO and founder of DriverReach, is joined on this episode of Taking The Hire Road by one of his best friends in the industry, Leah Shaver, president and CEO of the National Transportation Institute. NTI is known as the trucking industry’s principal authority on driver pay data and trends. NTI works to provide…
Cargo revenue at All Nippon Airways was significantly worse than its peer group during the calendar second quarter, with the Japanese combination carrier on Friday reporting a 60% decline in sales for goods transport on its passenger and dedicated cargo jets. International Airlines Group (IAG), the parent company of British Airways and four other carriers,…
Two executives from LTL carrier Saia somehow found a way to spend 60 minutes on a quarterly conference call with analysts talking about how the likely demise of Yellow Corp. is going to affect their business without actually mentioning Yellow by name. CEO Fritz Holgren and CFO Douglas Col used terms like “the situation” and…
Every week, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago. This article comes from the August 1992 issue of American Shipper and explains how longshoremen first worked with barcodes while shipping Chrysler vehicles, making the process “nearly mistake-proof.” Barcode technology…
Universal Logistics Holdings posted second-quarter revenue decreases in its trucking, brokerage and intermodal segments due to declines in freight volumes and rates, company officials said. Operating revenue in Universal Logistics’ trucking division decreased 24% year over year (y/y) to $81.2 million, compared to $106.5 million for the same period last year. Total revenue in the…