While year-on-year comparisons are the standard for earnings seasons, comparisons this year between the first and second quarters are necessary to grasp how much worse things were for trucking between April and June relative to the first three months of the year. For Marten Transport (NASDAQ: MRTN), the answer was: not all that much worse….
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. 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 November 1975 issue of American Shipper and explains…
A.P. Moller-Maersk has opened a 123,000-square-foot air freight station near Hartsfield-Jackson Atlanta International Airport to support quicker international shipping for customers in the Southeast, the ocean shipping giant announced Wednesday. The warehouse, which will also serve as a forward staging point for Maersk’s dedicated freighter hub at Greenville-Spartanburg International Airport (GSP) in South Carolina, is…
A decision handed down Tuesday in favor of 3PL GlobalTranz sets up the possibility of another attempt to have the Supreme Court review the issue of broker liability when things go horribly wrong on the road. The 7th Circuit Court dismissed an appeal from Ying Ye, the widow of Shawn Lin, who was killed in…
Home improvement retail giant Lowe’s Cos. Inc. (NYSE: LOW) said Wednesday that it has expanded its same-day delivery service nationwide for online orders in partnership with OneRail, an omnichannel fulfillment company. Eligible orders placed by 2 p.m. local time will be delivered the same day, and orders placed after 2 p.m. will be delivered the…