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
Daseke appoints new CFO Industry News Daseke appoints new CFO Jason Bates will fill the vacant CFO role at Daseke after three years in the…Gemini Shippers GroupApril 23, 2020
Tight capacity will drive year-end snapback in trucking markets: TIA economist Industry News Tight capacity will drive year-end snapback in trucking markets: TIA economist Perry sees slow recovery in volumes but sharp drop-off in available trucks and drivers.Gemini Shippers GroupApril 23, 2020
CSX seeks to manage expenses and costs Industry News CSX seeks to manage expenses and costs o hedge against rail volume uncertainty in the second quarter, CSX aims to control costs.Gemini Shippers GroupApril 23, 2020
Food supply chain in peril as plants close amid COVID-19 pandemic Industry News Food supply chain in peril as plants close amid COVID-19 pandemic The food supply chain is in peril as meat plants close and truck drivers struggle…Gemini Shippers GroupApril 23, 2020