December market update with David Spencer
On this week’s episode of Check Call, David Spencer, director of business intelligence at Arrive Logistics, joins host Mary O’Connell to dive into the December market update. Key quotes from…
FedEx’s fiscal 2nd-quarter results benefit from cost cuts
FedEx Corp. posted fiscal 2023 second-quarter results late Tuesday that demonstrated its ability to quickly slash costs but also confirmed the damage a slowdown in demand is inflicting on its…
Already elevated cargo theft numbers expected to climb during holidays
Truckers should be aware that incidents of cargo theft have increased in the last several months, and are expected to increase even more during the upcoming holidays.CargoNet reports supply chain theft…
Aurora rolls out update to its autonomous trucking capabilities
Autonomous trucking technology startup Aurora Innovation on Monday released its Aurora Driver Beta 5.0, the latest version of its integrated hardware and autonomy system, to its autonomous trucking fleet in…
Vehicle sustainability overview
President Joe Biden's new infrastructure law represents a landmark investment in transportation sustainability — allocating $65 billion to upgrade the nation’s electric power grid and $7.5 billion to build 500,000 electric vehicle…
Trucking conditions fall to lowest point since April 2020
Trucking news and briefs for Tuesday, Dec. 20, 2022: Trucking conditions fall to lowest mark since April 2020A sharp increase in fuel and financing costs drove FTR's Trucking Conditions Index…
Knight-Swift gets first autonomous-powered truck
Autonomous trucking tech startup Embark Trucks has handed over the first Embark-powered truck to Knight-Swift Transportation (CCJ Top 250, No. 5) as part of the two companies' Truck Transfer Program (TTP) – an initiative announced…
Truckers, logistics firms owed millions after meat importer’s bankruptcy
Several trucking companies, logistics firms and cold storage providers are collectively owed millions of dollars after an Iowa-based frozen meat importer filed for Chapter 11 bankruptcy protection recently. South American…
FedEx, UPS shippers face 8%-10% prices hikes in 2023, consultancy says
TransImpact says there will be virtually no difference in rates in 2023 between FedEx and UPS. Shippers using FedEx Corp. and UPS Inc. can expect 8% to 10% price increases…
Retail diesel keeps dropping, chasing earlier declines in futures, wholesale prices
Retail diesel prices are slowly catching up with earlier big declines in the futures and wholesale prices of the fuel, though both of those markets have climbed off recent lows.…
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