The American Transportation Research Institute (ATRI) will target several leading issues in its 2023 research activity. Priorities will focus on five gaps in trucking, in a bid to help resolve […]
Perhaps this truck is moving freight at a sustainable rate. (Photo: Jim Allen/FreightWaves) The trucking industry is known for its volatility. In the first quarter of 2023 alone, nearly 9,000 trucking authorities shuttered. However, shippers — the parties that use trucking services, such as retailers and manufacturers — seem increasingly fed up with the chaos….
An unusually broad-based downturn in goods flows that has affected even the most resilient of customer segments — consumer packaged goods and food and beverage — has freight brokers scrambling to differentiate themselves and compete for less available freight. Tyson Foods’ stock plunged by more than 16% after it announced that it lost money in…
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago. In this edition, from the December 1975 issue of American Shipper, FreightWaves shares the exciting…
As the freight market searches for a bottom, management from Radiant Logistics expressed optimism around future prospects Wednesday, noting the company has never been in better financial shape. Radiant (NYSE: RLGT) reported adjusted earnings per share of 17 cents for its 2023 fiscal third quarter ended March 31. The result was 15 cents lower year…