The chart below are for some of the key performance metrics for Marten Transport. A fuller story will be published later.
The post Marten 3Q earnings: deterioriation in OR appeared first on FreightWaves.
The chart below are for some of the key performance metrics for Marten Transport. A fuller story will be published later.
The post Marten 3Q earnings: deterioriation in OR appeared first on FreightWaves.
J.B. Hunt Transport is ordering 13 battery-electric and hydrogen-powered fuel cell trucks from Nikola. The purchase boosts the startup’s prospects in a critical week for the company. The 10 battery electric trucks help Nikola reduce inventory. The hydrogen-powered fuel cell truck order allows Nikola to grow its order book for the zero-emission trucks. Company shares…
Larry Stewart is a unionized truck driver — just like his father and grandfather before him. He knew, when he became a truck driver 36 years ago, that it wouldn’t be an easy way to make a living. “You sacrifice your life,” said Stewart, who lives in Edwardsville, Illinois, some 30 miles outside St. Louis….
Fraud is rampant across the transportation space. While shippers and logistics companies are becoming more aware of threats, fraud risks come in so many different flavors that it can feel impossible for legitimate companies to keep up with the activities of bad actors. This is especially true during the ongoing freight recession, where depressed shipping…
LAS VEGAS — The Advanced Clean Truck Expo is a come-all event. Until this year, Tesla has passed on attending. The ACT Expo has outgrown the art deco charm of Long Beach and the “Disney-fied” atmosphere of Anaheim, California. This year, it moved to convention mecca with exhibitors filling the North Hall of the sprawling…
Knight-Swift Transportation warned Wednesday that second-quarter results are likely to disappoint in a news release also confirming it has closed on the previously announced acquisition of truckload carrier U.S. Xpress. The transportation and logistics provider said a weaker than expected operating environment in the truckload sector would likely result in consolidated operating margin deterioration of…
WASHINGTON — Truck manufacturers are pushing back hard against the Environmental Protection Agency’s proposal to drastically cut carbon emissions from heavy trucks beginning in model year 2028. While fully electric, zero-emission trucks are already on the roads, original equipment manufacturers (OEMs) maintain that the biggest impediment to the EPA’s rule seeking aggressive adoption for the…