Truck News

KBX Logistics restructured its dedicated planning team from 65 planners to 11 optimization specialists, with each specialist managing four times as many trucks while eliminating five to six hours of daily load-search time per planner. See how partnering with Optimal Dynamics turned dedicated freight planning into a scalable, network-wide decision engine.

BP said profit jumped to the highest in 18 years as soaring refining margins boosted earnings, speeding up the energy giant’s efforts to fix its balance sheet and pay down debt.

The FMCSA has set its sights on further hours-of-service flexibility and enhancing its safety measurement system in the coming weeks and months.

ACT Research reported that the average retail sales price increased 11.5% to $64,007 from $57,383 the prior year but was down 1.9% sequentially from $65,234.

The company’s revenue was $2.442 billion in the three months that ended Sept. 30, an increase of 8.1% compared with $2.259 billion in the same period a year earlier. 

Greenwich, Conn.-based XPO benefited from improved freight market conditions and customer service, the executives told analysts and investors.

Schneider CEO Jim Filter is optimistic capacity corrections will further drive trucking into a freight market upcycle.

Business email compromise generated 24,768 complaints and $3 billion in reported U.S. losses last year, ranking second only to investment fraud.

Less-than-truckload carrier Saia said performance improved at terminals added during its recent phase of expansion.

DP World CEO Yuvraj Narayan warned prolonged Strait of Hormuz disruption is raising logistics costs and could drive consumer prices higher worldwide.