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LOUISVILLE, Ky. — Managed transportation provider Uber Freight announced Wednesday at the Mid-America Trucking Show that it has expanded its drop-and-hook solution Powerloop nationally and enhanced its load bundling options, and that it’s utilizing new trailer technology to help shippers fight fraud. Powerloop, first introduced in 2018, enables Uber Freight’s shippers to access over 1,000…
Cargolux, Europe’s largest all-cargo airline, achieved its best financial results ever in 2022 with after-tax profit of $1.6 billion, but suggested that geopolitics and an influx of passenger capacity will make it difficult to repeat its performance this year. Luxembourg-based Cargolux said profits increased nearly 22% on $5.1 billion in revenue, a 14.7% gain year…
In what has been a difficult quarter for trucking companies, both truckload and to a lesser degree LTL, Covenant Logistics reported first-quarter operating earnings that held up relatively well. Covenant’s adjusted earnings per share on a non-GAAP basis came in at 84 cents per share, down from 93 cents per share a year ago. According…
ANAHEIM, Calif. — A year after starting regular production of its Class 8 Freightliner eCascadia battery-electric truck, Daimler Truck North America will build the eM2 medium-duty model this fall. It plans for utility bucket trucks and other vocational applications after starting with straight trucks. The launch of the Class 6 eM2 was delayed by supply…
In recent years, fleets and drivers have been challenged with increasingly difficult obstacles, including but not limited to: driver shortages; out-of-control verdicts; rising crash rates; and unpredictable fuel prices. Fill out the form below to learn more about how this comprehensive, and insightful guide can prepare you to handle today’s trucking challenges. The SmartDrive® video-based…
Union Pacific and the International Association of Sheet Metal, Air, Rail and Transportation Workers –Transportation Division (SMART-TD) have agreed to hold off on plans to redeploy conductors to work on the ground while the engineer stays on the train. Instead, a tentative agreement between the two parties calls for train conductors to remain as a…