Third quarter marked the ninth consecutive quarterly decrease in shipments, but smallest drop in more than a year Truck freight shipments and spending continued to contract in the third quarter, albeit at a slower pace than earlier this year, according to the latest U.S. Bank Freight Payment Index. Shipments were down 1.9% compared to the previous […]
Third Quarter Gross profits increased 15.5% to $723.8 million C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) today reported financial results for the quarter ended September 30, 2024. Third Quarter Highlights: (1) Adjusted operating margin, adjusted operating margin, excluding restructuring and loss on divestiture, and adjusted EPS are non-GAAP financial measures. The same factors described in […]
List is comprised of a diverse range of company types in the trucking marketplace, including motor carriers, third-party logistics companies, and original equipment manufacturers Redefining the Road magazine, the official magazine of the Women In Trucking Association (WIT), announced today the recipients of the 2024 “Top Companies for Women to Work in Transportation.” The magazine […]
Autonomous trucking company backed by Daimler Truck achieves productization as it works toward a 2027 commercial launch Torc Robotics, an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, began successful advanced validation of the company’s autonomous trucks without a driver in a multi-lane closed-course environment earlier this year. Conducted […]
Integrated AI powered vehicle safety tech for VEDR and final mile optimization solution boosts business outcomes and enhances overall customer satisfaction Nauto, AI-powered safety and operations excellence for commercial vehicles and an approved Video Event Data Recorder (VEDR) solution provider for FedEx service providers, and Beans.ai, a pioneering technology firm specializing in AI-powered routing and dispatch […]
Beware of the monsters targeting freight businesses Freight fraud continuously evolves to exploit vulnerabilities in your business. Bad actors are getting smarter, faster, and sneakier at targeting and infiltrating systems. As bad actors continue to shapeshift—to the extent of showing up as multiple profiles on a single day in hopes of finding vulnerabilities to expose—it’s […]
