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Business, Equipment, Fuel, Logistics, Top 100

Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall

Mullen truck Mullen Trucking Corp.

Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.

Dan Ronan | Associate News Editor
October 30, 2019
Business, Technology, Logistics

Convoy Tries to Navigate Some Uber-Scale Problems

Amit Sekhri Amit Sekhri checks his smartphone for possible jobs and bids using the Convoy app in Patterson, Calif. (David Paul Morris/Bloomberg)

Convoy risks drawing comparisons to Uber in less flattering ways: drivers grousing about getting squeezed and a business model that has yet to turn a profit.

Dina Bass | Bloomberg News
October 29, 2019
Business, Technology, Logistics

Amazon’s Transportation Costs Surge in Q3; Financial Results Mixed

Amazon truck in Seattle An Amazon trailer sits in Seattle. The company's Q3 profits didn't meet Wall Street's expectations, but revenue was higher than expected. (Stephen Brashear/AP Images for Amazon)

Amazon.com’s shipping costs skyrocketed 46% year-over-year in the third quarter to a record $9.6 billion, an increase of more than $500 million over what the online retail giant spent during the same period in 2018.

Dan Ronan | Associate News Editor
October 29, 2019
Business, Technology, Logistics, Autonomous

Waymo CEO Sees Driverless Trucking Catching on Faster Than Taxis

Waymo Eric Risberg/Associated Press

True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says robot ride hailing may not be the first form of automotive autonomy to take off commercially.

Keith Naughton | Bloomberg News
October 29, 2019
Business, Logistics

XPO Reports Mixed 3Q Earnings

XPO Logistics tractor-trailer XPO Logistics' revenue will fall as much as 4% this year, down from the previous forecast that the decline wouldn't exceed 1%. (XPO Logistics)

Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the third quarter on Oct. 28.

Dan Ronan | Associate News Editor
October 28, 2019
Business, Logistics

With Capacity to Spare, Railroads Have an Eye on Truck Cargo

CSX train Luke Sharrett/Bloomberg

Rail officials acknowledged on their third-quarter financial calls they have extra capacity to move goods because they are not carrying as much freight as they did in 2017 and 2018, when the economy was roaring.

Dan Ronan | Associate News Editor
October 28, 2019
Business, Technology, Logistics, Top 100

UPS to Upgrade Health Care-Dedicated Warehouse Network

UPS CNG truck UPS Inc.

UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.

Jim Stinson | Staff Reporter
October 28, 2019
Business, Technology, Equipment, Safety, Logistics, TCA

Crane Simulator Trains Baltimore Longshoremen Without Disrupting Dock Operations

Port of Baltimore Andrew Harrer/Bloomberg

The Steamship Trade Association of Baltimore bought a $500,000 simulator this year to train crane operators at the Port of Baltimore without affecting the day-to-day loading and unloading of cargo.

Colin Campbell | The Baltimore Sun
October 28, 2019
Business, Technology, Logistics

Driver Detention Time Creeps Upward

Loading dock with trucks and blue sky Trucks sit at a loading dock. The softer freight market is helping to increase driver retention time, according to Jim Fields, chief operating officer at Pitt Ohio. (Getty Images)

After improving in 2018, it appears as though driver detention time has increased recently, with many shippers falling back into habits that delay trucks at their docks and push up dwell times.

Gary Frantz | Special to Transport Topics
October 28, 2019
Business, Equipment, Logistics

United Road Acquires Truck Hauler Team Drive-Away

A United Road hauler A United Road Services carhauler. (United Road Services)

Auto hauler United Road acquired Team Drive-Away, a company that specializes in moving new and used Class 8 trucks, United Road said.

Jim Stinson | Staff Reporter
October 28, 2019

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