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- Stord buys fulfillment segment of Pitney Bowes’ e-commerce divisionby Caleb Revill on July 26, 2024 at 10:11 pm
Supply chain logistics company Stord purchased the fulfillment services operation of Pitney Bowes’ e-commerce division on Friday. The post Stord buys fulfillment segment of Pitney Bowes’ e-commerce division appeared first on FreightWaves.
- Universal Logistics’ Q2 trucking revenue increases 12.6% to $91Mby Noi Mahoney on July 26, 2024 at 8:04 pm
Universal Logistics Holdings saw increases in second-quarter top-line revenue, along with gains in its trucking and contract logistics segments. The post Universal Logistics’ Q2 trucking revenue increases 12.6% to $91M appeared first on FreightWaves.
- Truck driver charged in Ohio crash that killed 6, including 3 studentsby Brinley Hineman on July 26, 2024 at 7:26 pm
Jacob McDonald, 60, was indicted by a Licking County grand jury for his role in a Nov. 14 crash that killed six people, including three high school students. The post Truck driver charged in Ohio crash that killed 6, including 3 students appeared first on FreightWaves.
- Freight mix, terminal openings weigh on Saia’s Q2; stock drops 20%by Todd Maiden on July 26, 2024 at 7:26 pm
Growth-related costs and a less favorable freight profile led to Saia’s second-quarter results coming up short of expectations. The post Freight mix, terminal openings weigh on Saia’s Q2; stock drops 20% appeared first on FreightWaves.
- How reverse logistics can help retailers avoid ring around the collarby Lori Ann LaRocco on July 26, 2024 at 6:39 pm
Returns continue to increase, which can end up costing companies. Processes can be put in place to help bottom lines, and it’s all related to transportation. The post How reverse logistics can help retailers avoid ring around the collar appeared first on FreightWaves.
- Ryder, reporting sluggish earnings growth, sees ‘trough’ in freight marketby John Kingston on July 26, 2024 at 2:37 pm
Ryder’s earnings report for the second quarter showed some sluggishness, but company executives see a bottom. The post Ryder, reporting sluggish earnings growth, sees ‘trough’ in freight market appeared first on FreightWaves.
- More layoffs at freight-related firms: 607 workers cut across 4 statesby Noi Mahoney on July 26, 2024 at 1:59 pm
Companies across the freight industry have announced another wave of layoffs, with over 600 workers in four states losing their jobs. The post More layoffs at freight-related firms: 607 workers cut across 4 states appeared first on FreightWaves.
- Saia Q2 first lookby Todd Maiden on July 26, 2024 at 1:00 pm
A first look at less-than-truckload carrier Saia’s second-quarter earnings report. The post Saia Q2 first look appeared first on FreightWaves.
- Using telematics data and reporting to improve fleet safety and cultureby Thomas Wasson on July 26, 2024 at 1:00 pm
Lytx highlights fleet safety trends and outlines ways fleets can improve their safety and culture through data, reporting and driver coaching. The post Using telematics data and reporting to improve fleet safety and culture appeared first on FreightWaves.
- Illinois trucking company, brokerage file for bankruptcy liquidationby Clarissa Hawes on July 26, 2024 at 12:52 pm
Blue Thunder Trucking of Broadview, Illinois, and its three affiliates filed for bankruptcy liquidation on July 19. The post Illinois trucking company, brokerage file for bankruptcy liquidation appeared first on FreightWaves.
- FedEx to cut daytime domestic flight activity by 60% by Eric Kulisch on July 26, 2024 at 11:00 am
FedEx will fly fewer aircraft and go to fewer U.S. cities starting this fall as a consequence of the U.S. Postal Service giving its primary air cargo contract to a competitor. The post FedEx to cut daytime domestic flight activity by 60% appeared first on FreightWaves.
- TFI International Q2 2024 highlightsby Brielle Jaekel on July 25, 2024 at 9:53 pm
TFI International reported solid financial performance in the second quarter of 2024. The post TFI International Q2 2024 highlights appeared first on FreightWaves.