Not so fast, my friend Industry News Not so fast, my friend Anthony and Zach break down the Knight-Swift and Heartland earnings; slowing decline of freight rates…Gemini Shippers GroupApril 23, 2020
Severe storm, tornado threats continue across the South (with forecast video) Industry News Severe storm, tornado threats continue across the South (with forecast video) Severe thunderstorms, flash flooding may delay freight flows across the South.Gemini Shippers GroupApril 23, 2020
Delta doubles Asia cargo-only flights, adds Atlanta gateway Industry News Delta doubles Asia cargo-only flights, adds Atlanta gateway Delta Air Lines is increasing the number of scheduled cargo flights between Asia and three…Gemini Shippers GroupApril 23, 2020
Commentary: Many freight locomotives no longer needed Industry News Commentary: Many freight locomotives no longer needed Even before the COVID-19 pandemic the Class I railroads were mothballing freight cars - and…Gemini Shippers GroupApril 23, 2020
Old Dominion posts best 1Q OR despite slight drop in revenue Industry News Old Dominion posts best 1Q OR despite slight drop in revenue Other metrics helped the LTL carrier post a new record.Gemini Shippers GroupApril 23, 2020
Truckers take refuge in insurance payment relief, flexible load types amid pandemic Industry News Truckers take refuge in insurance payment relief, flexible load types amid pandemic Relaxed regulations and insurance payment relief are certainly helping truckers, but many are also changing…Gemini Shippers GroupApril 23, 2020
Rush Enterprises posts decent Q1 results Industry News Rush Enterprises posts decent Q1 results Rush Enterprises, the largest seller of new and used trucks in the country, posted solid…Gemini Shippers GroupApril 23, 2020
Payment provider Cass sees COVID-related dip in Q1 invoices Industry News Payment provider Cass sees COVID-related dip in Q1 invoices Transportation invoice volumes fall 7.5% for payment services provider Cass Information Systems.Gemini Shippers GroupApril 23, 2020
Volvo Q1 earnings presage tough times ahead Industry News Volvo Q1 earnings presage tough times ahead Heavy-duty truck maker AB Volvo saw business seize up in mid-March but exited the quarter…Gemini Shippers GroupApril 23, 2020
Union Pacific sees first-quarter net profit grow Industry News Union Pacific sees first-quarter net profit grow Despite lower revenues, the western U.S. railroad saw its first-quarter net income increase as the…Gemini Shippers GroupApril 23, 2020