link.transportdive.comTrucking News and Analysis | Trucking Dive

CONTINUE TO SITE ➞ Don’t miss tomorrow’s trucking industry news Let Trucking Dive’s free newsletter keep you informed, straight from your inbox. By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy . You can unsubscribe at anytime. Deep Dive Library Events Press Releases Topics Sign up Search Sign up Search Regulation Technology Labor Operations Equipment M&A Colin Campbell/Trucking Dive XPO reopens Yellow terminals in Maryland, Nevada, Texas The carrier has begun handling freight at six of the 28 service centers it acquired from its bankrupt competitor last year. Read more ➔ Top stories ‘The future’: Daimler teases electric, autonomous Freightliner prototype Forward Air Q1 profits tumble 239% Paccar expands board of directors by 2 members Raven Transport plans to shutter Florida facility How CH Robinson is using AI to automate logistics tasks The Latest Michelle Rock/Trucking Dive Trucks, trailers, tonnage: What transport data says about the state of the industry Load post volumes rose significantly in dry van and reefer to close out April and kick off May. Updated May 9, 2024 Operations Provided by J.B. Hunt Transport Services. JB Hunt awards $770K in driving safety bonuses The trucking giant honored 54 drivers for topping 1 million miles without an incident in 2023. Labor Courtesy of MJ Lavoie TFI acquires Canada-based specialty truckload carrier The freight giant bought waste hauler MJ Lavoie as it builds up its TL holdings in advance of an expected spin-off. Mergers & Acquisitions gorodenkoff via Getty Images Companies have an unbalanced ‘buy vs. build’ approach to AI, report says Instead, leaders will need to train current workers to avoid skills gaps and maximize the potential of AI, according to The Adecco Group. Technology Provided by ArcBest ArcBest grows demand pipeline by 35% despite net loss in Q1 The company is focused on finding opportunities with existing customers that provide more predictability and productivity, Chairman and CEO Judy McReynolds said. Operations Courtesy of Covenant Logistics Covenant hires Waabi exec as COO Dustin Koehl’s prior experience also includes senior roles at U.S. Xpress and Total Transportation of Mississippi. Labor Retrieved from FHWA . DOT asks for feedback on AI risks, opportunities The government said the deployment of AI tools and applications will impact virtually all aspects of transportation. Regulation " P.A.M. Transport Truck in Indianapolis " by Luke Coyle is licensed under CC BY-SA 3.0 PAM Transport parent proposes reincorporating in Nevada The plan also calls for doubling its common stock to 100 million. Operations Provided by Schneider National Schneider revenue falls over $100M as weak freight market dampens Q1 The decrease led to a 75% year-over-year drop in operating income. Operations 5m3photos via Getty Images Trucking expects equipment pre-buy ahead of EPA emissions rules Paccar and Ryder say stronger purchasing could begin in 2025. Regulation Colin Campbell/Trucking Dive ‘Firing on all cylinders’: XPO’s LTL operating income soars by 50% in Q1 The carrier reported 9.8% growth in yield excluding fuel and an increase in revenue per shipment in a still-soft freight environment. Operations Courtesy of Old Dominion Freight Line LTL carriers report shippers shifting freight to truckload Old Dominion and Saia executives noted some customers are consolidating shipments to take advantage of low TL rates. Operations Courtesy of ArcBest ArcBest lowers M&A vote threshold A proposal to remove a supermajority requirement for any future acquisition was approved during an April 16 stockholder meeting. Updated May 2, 2024 Mergers & Acquisitions Permission granted by Benita Taube ‘Pain afoot’: Werner focuses on long-term strategy despite dedicated fleet losses Regardless of challenges, the carrier grew average revenue per truck in the segment in Q1. Operations Permission granted by Daseke TFI cuts Daseke head office salaries by $12M The Canada-based freight giant is lowering costs by 75% at the corporate headquarters of the acquired business. Labor Permission granted by Pilot Pilot names new president of energy arm Gary Hoogeveen previously spent a decade with another Berkshire Hathaway brand, Rocky Mountain Power. Technology Provided by TFI International TFI subsidiaries settle EEOC discrimination suit for $460,000 TA Dedicated and Transportation Enterprise Services subjected gay mechanics to harassment and termination, and retaliated following complaints, the EEOC said. Regulation Courtesy of Ryder System via Business Wire Ryder opens another facility on the US-Mexico border The new warehouse in El Paso, Texas, is a result of growing demand from clients in the region and an expected rise in nearshoring activity. Operations David Taube/Trucking Dive Marten continues stance against lowering rates The holdout comes as Q1 operating income for the carrier dropped 58% year over year. Operations Photo provided by Saia. Saia CFO announces retirement Douglas Col will stay on through the end of the year to ensure a smooth transition for his successor. Labor Courtesy of Wabash Wabash customers delay pickups, hurting sales The delayed pickups contributed to the OEM’s sales falling by 17% year over year in Q1. Equipment Courtesy of Landstar System ‘Follow the money’: Landstar positions for nearshoring, infrastructure business The logistics provider is investing in cross-border and heavy-haul to capture opportunities in the U.S. and Mexico, CEO Frank Lonegro said. Operations Permission granted by Penske Truck Leasing Penske debuts AI platform to improve fleets’ key metrics Fleets can use Catalyst AI to improve MPG and utilization by comparing data with similar fleets, according to the carrier. Technology Caroline Colvin/Trucking Dive DOL expanding overtime pay eligibility to millions of US workers The department will raise a current threshold of $35,568 that triggers an exemption from extra pay provisions. Regulation Provided by Union Pacific. Hub Group M&A deal boosts Q1 revenue With the integration of the former Forward Air segment in its rearview, CEO Phil Yeager says the company is back in the market” for more deals. Operations More stories Get the free newsletter Subscribe to Trucking Dive for top news, trends & analysis Email: Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy . You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. Most Popular Knight-Swift eyes LTL expansion in Northeast, Southwest Raven Transport plans to shutter Florida facility How CH Robinson is using AI to automate logistics tasks TFI acquires Canada-based specialty truckload carrier Library resources The Trucking Dive Outlook on 2024 Webinar - on demand Why Collaboration is Key to Building a Future-Proof Workforce Custom content for Intersect Illinois Playbook A Solution for Reducing Perishables Shipments Loss Custom content for Tive, Inc. View all Company Announcements Intermode Announces Its Dedicated Services for Modernizing and Innovation in the Logistics and… From Intermode View all | Post a press release What We’re Reading Commercial Carrier Journal Growth in freight market hasn’t turned a corner, FTR analysts say Law360 CARB Chief Slams Truckers’ Bid To Void ‘Clean Fleets’ Rule Land Line Indictment alleges Ohio trucking company dodged over $1 million in unpaid taxes View all Trucking Dive news delivered to your inbox Get the free daily newsletter read by industry experts Email: Select user consent: By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy . You can unsubscribe at anytime. Sign up A valid email address is required. Please select at least one newsletter. Explore About Editorial Team Contact Us Newsletter Article Licensing Press Releases What We’re Reading Reach our audience Advertising Post a press release Related...