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Expeditors Paying More To Move Freight But Has Solid Quarter
Tuesday, May 4, 2021 - 11:41am | 635Read More...By this point in the earnings cycle, the trends are firmly established with what most transportation companies experienced in their finances during the prior quarter. Expeditors International (NASDAQ: EXPD) is no different. The asset-light logistics company, which is a member of the Dow Jones...
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ArcBest Blows Past First-Quarter Expectations
Tuesday, May 4, 2021 - 11:09am | 579Read More...Logistics provider ArcBest Corp. (NASDAQ: ARCB) reported record first-quarter results Tuesday. Adjusted earnings per share were $1.01 compared to the consensus estimate of 58 cents per share and the year-ago result of 36 cents per share. Total revenue increased 18.2% year-over-year to $829 million...
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Lufthansa Replicates Sharkskin To Boost Fuel Efficiency Of Cargo Jets
Monday, May 3, 2021 - 1:51pm | 834Read More...Lufthansa Cargo next year will cover its fleet of Boeing 777 freighters with a high-tech coating that mimics the structure of a shark's skin to reduce aerodynamic drag and fuel consumption, the company said Monday. The low-friction film consists of riblets measuring about 50 micrometers that...
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Daily Infographic: Q1 2021 Earnings Comparison
Monday, May 3, 2021 - 1:06pm | 82Read More...To view more FreightWaves infographics, click here. Image Sourced from Pixabay
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Stormy Week Ahead For Many US Truckers
Monday, May 3, 2021 - 10:54am | 495Read More...Dicey weather could slow down truckers and supply chains this week across the eastern half the country. Strong frontal systems, plenty of humidity and increasing instability will produce periods of torrential rain and intense thunderstorms Monday through Wednesday. Related: 5 things truckers...
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How Complacency Harms U.S. Manufacturers
Monday, May 3, 2021 - 10:52am | 1105Read More...The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. I think everyone would agree that manufacturing represents the best of us – infusing the economy with good jobs, good pay, and a path to a secure future for...
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Shipping Speed, Transparency Continue To Trip Up e-Commerce Brands
Monday, May 3, 2021 - 10:49am | 2263Read More...The retail customer journey has been changed forever. No longer is going to a physical store and browsing the aisles the only method of shopping. More browsing than ever is taking place online, more sales than ever are occurring in digital spaces and more pressure on retailers is driving change –...
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Universal Logistics Reports Record Q1, Declares Cash Dividend
Friday, April 30, 2021 - 1:49pm | 828Read More...Universal Logistics Holdings (NASDAQ: ULH) opened 2021 with record first-quarter financial results, posting $415.2 million in operating revenue, an 8.6% year-over-year increase. The transportation and logistics services company released its first-quarter financial results on Friday, reporting year...
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Forward Air Sees More "Double-Doubles" As Company Returns To Form
Friday, April 30, 2021 - 1:46pm | 1036Read More...On a call with analysts Friday, management from Forward Air (NASDAQ: FWRD) laid out some margin targets after posting a first-quarter earnings beat and issuing guidance well ahead of expectations. Thursday after the close, the Greeneville, Tennessee-based asset-light trucking and logistics company...
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Setback For Truck Platooning As Clock Starts On Wi-Fi Rule
Friday, April 30, 2021 - 1:44pm | 767Read More...The Federal Communications Commission (FCC) is moving ahead with a Trump-era decision to reallocate wireless bandwidth set aside for vehicle safety despite warnings from trucking companies and technology experts that the move could affect the deployment and costs of truck platooning. A final rule...
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Rail Roundup: UP's Grain Transload Project, Senators' Grade Crossing Bill
Friday, April 30, 2021 - 1:41pm | 994Read More...Union Pacific Constructing Chicago-Area Transload Facility For Agricultural Producers Union Pacific (NYSE: UNP) is constructing a grain transload facility near Chicago to benefit Midwest agricultural producers and processors and reduce their supply chain costs. The company is building the...
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Bed Bath & Beyond Aims To Reduce Store Replenishment Time From 35 days To 10
Friday, April 30, 2021 - 1:38pm | 1714Read More...This is an excerpt from Monday's (4/26) Point of Sale retail supply chain newsletter sponsored by ArcBest. In a research note penned late last year, UBS analysts called Bed Bath & Beyond's (NASDAQ: BBBY) supply chain "primitive." It's a sharp take, but Beyond's executives understand the...
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Transmission: GM Wants You To Plug Into Ultium Charge 360
Friday, April 30, 2021 - 12:13pm | 635Read More...When it comes to making the switch to an electric vehicle, public recharging can be a hurdle for drivers. General Motors made the hurdle a bit lower this week, announcing a new connected EV charging station program called Ultium Charge 360. Ultium Charge 360 represents a "holistic charging...
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DroneWaves: Exception Management A 'Game-Changer' For Drone Operations, NASA Official Says
Friday, April 30, 2021 - 11:03am | 392Read More...The ability of regulators to safely and efficiently integrate millions of commercial and pleasure drones into low-altitude airspace will depend on the success of a strategy familiar to virtually everyone in the freight industry: exception management. That is the view of Parimal H. Kopardekar,...
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Daily Infographic: CRST Home Solutions At A Glance
Friday, April 30, 2021 - 11:01am | 89Read More...To learn more about CRST's home solutions, click here. Image Sourced from Pixabay
















