Freight Sales Survey: How do you avoid falling into the pricing trap? Industry News Freight Sales Survey: How do you avoid falling into the pricing trap? Listen to the podcast to hear a breakdown of the survey.Gemini Shippers GroupApril 23, 2020
Mullen predicts more coronavirus pain as it reveals cuts to workforce Industry News Mullen predicts more coronavirus pain as it reveals cuts to workforce Canadian transportation and logistics company says it laid off or furloughed 1,000 employees as it…Gemini Shippers GroupApril 22, 2020
Echo grew Q1 revenue, but margins compressed during coronavirus surge Industry News Echo grew Q1 revenue, but margins compressed during coronavirus surge Margins widened again in April, but revenue per day is down 12%.Gemini Shippers GroupApril 22, 2020
Another autonomous trucking startup announces layoffs Industry News Another autonomous trucking startup announces layoffs Ike has laid off 14% of its staffGemini Shippers GroupApril 22, 2020
Intermodal markets: CSX’s trucklike service Industry News Intermodal markets: CSX’s trucklike service After markets closed this afternoon, CSX reported its financial results for the first quarter of…Gemini Shippers GroupApril 22, 2020
Daimler Trucks cautiously resumes US production (Update) Industry News Daimler Trucks cautiously resumes US production (Update) The largest manufacturer of heavy-duty trucks puts worker protections in place as it tries to…Gemini Shippers GroupApril 22, 2020
Landstar saw market deteriorate in last week of quarter, issues no 2Q guidance Industry News Landstar saw market deteriorate in last week of quarter, issues no 2Q guidance Landstar System calls attention to its variable cost model as first quarter falls short of…Gemini Shippers GroupApril 22, 2020
CSX first-quarter net profit falls but operating ratio reaches record Industry News CSX first-quarter net profit falls but operating ratio reaches record CSX’s (NASDAQ: CSX) first-quarter net profit fell 7.7% amid lower revenues and a record operating…Gemini Shippers GroupApril 22, 2020
Get ready for the new, slimmer Delta Industry News Get ready for the new, slimmer Delta Delta is raising huge amounts of capital and cutting costs by half as it sets…Gemini Shippers GroupApril 22, 2020
U.S. weekly rail volumes contract by nearly 23% Industry News U.S. weekly rail volumes contract by nearly 23% U.S. rail traffic slumps amid pandemic woes, and challenges are likely to persist into the…Gemini Shippers GroupApril 22, 2020