Category: Transit News

Musket Corp. new DEF terminal serves Midwest region

Musket Corp. new DEF terminal serves Midwest region

| August 11, 2023

25th facility added to Musket diesel exhaust fluid portfolio Musket Corp., the trading and logistics arm of the Love’s Family of Companies, has added an additional diesel exhaust fluid (DEF) terminal to its portfolio. The Plymouth, Minnesota, location is Musket’s third terminal to open in 2023 and will provide sustainable jobs for the community. The […]

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Schneider adds more battery electric vehicles to its southern California fleet

Schneider adds more battery electric vehicles to its southern California fleet

| August 10, 2023

The carrier continues to lead the transportation industry in sustainability Schneider National Inc. is now running two Lonestar Specialty Vehicles battery electric terminal tractors, further advancing the company’s commitment to lowering carbon emissions and expanding its electric fleet, now at a total of 94 vehicles. The Lonestar S22 terminal electric tractors (also known as yard […]

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Truckstop and Bloomberg Intelligence Survey Shows Spot Market Reaching Boiling Point

Truckstop and Bloomberg Intelligence Survey Shows Spot Market Reaching Boiling Point

| August 10, 2023

“We remain optimistic that rates are near a bottom and poised to rise with a return to more normal seasonal trends and inventories” Conditions have come to a critical point for truckers operating in the spot market as carriers show frustration over declining rates and rising costs, according to the latest Bloomberg | Truckstop survey, which polled […]

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Uber Freight report: Yellow shutdown is expected to increase LTL rates

Uber Freight report: Yellow shutdown is expected to increase LTL rates

| August 10, 2023

Truckload demand rose for two months in a row after hitting the bottom in April Following several months of decreased demand, the tides have begun to turn as consumer spending increases and imports follow suit. Though carrier supply remains elevated despite trucking employment flattening out, we anticipate reductions in the near future. The manufacturing sector, […]

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Motive Monthly Economic Report – August 2023

Motive Monthly Economic Report – August 2023

| August 9, 2023

The freight recession is moving upmarket, trucking jobs decline, and after a stronger than expected July Welcome to the August edition of the Motive Monthly Economic Report, where we analyze the major trends in the supply chain and economy across the Motive platform during the past month. Keep reading for a front-seat view into key […]

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Wreaths Across America Recognizes J.B. Hunt as the 2023 Recipient of the “James Prout Spirit of Giving Award”

Wreaths Across America Recognizes J.B. Hunt as the 2023 Recipient of the “James Prout Spirit of Giving Award”

| August 8, 2023

The national award recognizes transportation providers for outstanding efforts to honor veterans and their families As part of its 10th Annual Stem to Stone event, national nonprofit Wreaths Across America (WAA) recognized J.B. Hunt Transport Inc., headquartered in Lowell, Ark., as the seventh recipient of the organization’s James Prout Spirit of Giving Award. Company representatives […]

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