A couple of weeks ago, it had become apparent by the many headlines that C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) had zeroed in on Jim Barber, former chief operating officer of UPS Inc. (NYSE: UPS), to become its next CEO. As March draws to a close, either the board is being very deliberate, or it…
Hydra Energy has exceeded its goal, landing eight fleets with 82 trucks who will use what it claims will be the world’s largest hydrogen refueling station in Prince George, B.C. […]
The drive to decarbonize shipping looks like it’s about to pay off in a big way — not for the environment, but for the owners of the tankers that carry the carbon: the crude oil, gasoline, diesel and jet fuel the world continues to burn in ever-larger quantities after it’s shipped ever-longer distances across the…
Ghost loads. Bait-and-switch posts with inaccurate origin and destination information. Double brokers. Carriers of last resort with questionable credentials and safety records. These are just a few of the structural issues that introduce friction into trucking load boards and undermine the integrity of the data derived from them. Load boards for the trucking spot market…
Knight-Swift Transportation’s latest acquisition is a bit of a reversal from recent initiatives, which were designed to dilute some of the cyclicality inherent in being an over-the-road truckload carrier. Those actions included acquiring less-than-truckload assets and building out a power-only brokerage offering. On Tuesday, Knight-Swift (NYSE: KNX), the nation’s largest TL carrier, announced it will…