A sense of pride, professionalism and love for the job have been attracting hardworking truck drivers and owner-operators to Shell Rotella SuperRigs for the past four decades, and the 41st […]
UPS Inc. and the Teamsters union have reached 24 separate tentative contract agreements, including the ban on UPS introducing new technologies without first bargaining with the union. Under one of the agreements, UPS would be required to negotiate with the Teamsters at least 45 days before it introduces certain technology such as drones, driverless vehicles…
ArcBest saw revenue fall again during May in its asset-based unit, which includes less-than-truckload services. Shipments and tonnage were up slightly year over year (y/y) but yield was off by 12%. The segment is more broadly utilizing a dynamic pricing model, which uses technology to better align rates to available capacity on a lane-by-lane basis….
NEW YORK — Greg Gantt, the CEO of Old Dominion Freight Lines, has led countless earnings calls and presentations to buy-side analysts in his career. On Wednesday, he did his final one. At the UBS Industrial and Transportation conference, Gantt spoke before a small audience of money managers one last time before he moves into…
Freight conditions are expected to remain soft through the remainder of the year, and when conditions finally do improve, it’ll be because of a loss of capacity rather than an […]