Government, Business, Technology, Logistics

AI, COVID Created a New Normal for the Supply Chain

HOUSTON — A supply chain expert said the arrival of open-source artificial intelligence just as the global economy was emerging from the pandemic created turbulent economic conditions.

Connor D. Wolf | Staff Reporter
November 3, 2023
Business, Technology, Equipment, Safety, Logistics

How Trucking Can Fight Back Against Cyberthreats

HOUSTON — The trucking industry faces an increasingly dangerous and complex cybersecurity landscape, but there are ways to counter the threats, according to experts.

Connor D. Wolf | Staff Reporter
November 2, 2023
Business, Equipment

September Used Class 8 Sales Down 4.7% Year-Over-Year

Sales of used Class 8 trucks in September declined at a modest clip compared with year-ago levels, but the prices paid for those trucks took a far steeper drop, ACT Research reported.

Connor D. Wolf | Staff Reporter
November 2, 2023
Business, Logistics

RXO Executive Reflects on Launching Amid Freight Down Cycle

RXO Chief Strategy Officer Jared Weisfeld discussed what it was like to launch a new company amid a freight market downturn on RXO’s one-year anniversary Nov. 1.

Connor D. Wolf | Staff Reporter
November 2, 2023
Business, Logistics, For-Hire

Werner Enterprises Reports Earnings Drop on Steady Revenue

Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.

Connor D. Wolf | Staff Reporter
November 2, 2023
Business, Equipment

Traton Reports Revenue Growth to $12 Billion for Q3

Traton SE experienced an increase in revenue and operating results despite market headwinds during the third quarter of 2023, the company reported Oct. 25.

Connor D. Wolf | Staff Reporter
November 1, 2023
Business, Logistics, For-Hire

Forward Air Reports 82% Earnings Drop During Q3

Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.

Connor D. Wolf | Staff Reporter
November 1, 2023
Business, Technology, For-Hire

XPO Reports Revenue Increase Despite Tough Conditions

XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.

Connor D. Wolf | Staff Reporter
October 30, 2023
Business, Logistics, For-Hire

Universal Reports Revenue Decline Amid Q3 Headwinds

Universal Logistics Holdings experienced an overall decrease in revenue, with each segment facing year-over-year declines for the third quarter of 2023, the company reported Oct 26.

Connor D. Wolf | Staff Reporter
October 27, 2023
Business, Logistics, For-Hire

Ryder Reports Slight Revenue Decline for Q3

Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.

Connor D. Wolf | Staff Reporter
October 26, 2023