FreightWaves founder and CEO Craig Fuller spoke to Truckstop CEO Kendra Tucker on Fuller Speed Ahead about how the company manages volatility in the trucking market and about the task force the freight matching and logistics technology provider has developed to mitigate the rise in double brokering and fraud that’s hitting load board providers. Here…
Canadian transport company TFI International Inc. late Tuesday posted a $53 million decline in first-quarter operating income to $166.4 million, as a tepid demand environment took its toll. Operating margin dropped to 10.7% from 11.6%. Revenue of $1.85 billion came in below the $2.191 billion in the same period last year at the Montreal-based carrier….
Share prices of less-than-truckload carriers fell on Wednesday following Old Dominion Freight Line’s lackluster first-quarter result. The company said freight volumes have stabilized but that there hasn’t been an uptick in demand this spring as originally expected earlier in the year. Old Dominion (NASDAQ: ODFL) reported first-quarter earnings per share of $2.58 before the market…
Canada’s Reefer Sales & Service has been named Carrier Transicold’s North American Dealer of the Year. The company operates six locations across Southern Ontario and the Maritimes, but its flagship […]
Fleets from California will comprise most of the roster of companies taking part in the North American Council for Freight Efficiency’s (NACFE) Run on Less – Electric Depot demonstration. The […]