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Fleets Offer Salaries, Other Pay Models to Retain Drivers Amid Labor Shortage

Cents per mile remains the dominant form of pay in the for-hire truckload sector, but its dominance is not as strong as it once was as fleets embrace alternative pay models that take cyclicality out of driver pay. Fleets that have implemented new payment methods said drivers appreciate the steady income.

February 13, 2019

Federal Framework on Autonomous Vehicles Policy Essential, UPS Executive Says

WASHINGTON — Nationwide policy for autonomous cars and trucks has the potential of facilitating the flow of freight while improving safety, according to a senior executive at UPS Inc. on Feb. 12.

February 13, 2019

New England Motor Freight Shutdown Shakes Less-Than-Truckload Freight Market

In a move sure to shake up the regional less-than-truckload freight market in the Northeast and Mid-Atlantic states, New England Motor Freight filed for bankruptcy Feb. 11 and said it intends to wind down all of its trucking operations.

February 12, 2019

Walmart Wants to Expand Reach in Online Advertising

Walmart Inc. is big in almost every way — 4,755 stores, 1.5 million employees and $380 billion in revenue in the United States alone. But one part of the world’s largest retailer remains minuscule. “We have a tiny ad business,” CEO Doug McMillon told investors in October. “It could be bigger.”

February 11, 2019

U.S. Xpress Enterprises' Efficiency Moves Pay Off

Efforts by dry van truckload carrier U.S. Xpress Enterprises to boost profits by improving the efficiency of its trucking operations are paying off.

February 8, 2019

Forward Air Achieves Record Revenue, Profits in 4Q

Forward Air Corp. turned in its best-ever fourth quarter and full year in 2018 with profits topping expectations and revenue increasing across most of its freight service lines.

February 7, 2019

Mullen Group Takes Hit From Downturn in Oil Field Services

Mullen Group reported higher revenue and profits in the fourth quarter of 2018 despite a “market meltdown” caused by falling oil prices that curtailed demand for transportation services as the year ended.

February 7, 2019

Werner Enterprises Posts Record Results

Werner Enterprises produced record revenue and higher profits in the fourth quarter of 2018 as a strong economy fueled demand for both its trucking and logistics services.

February 7, 2019

ArcBest Reports Highest Yearly Revenue in Company History

For-hire carrier ArcBest reported an increase in revenue but a decline in net income for the fourth quarter of 2018.

February 6, 2019

Patriot Transportation Reports Fiscal 1Q Results

Patriot Transportation Holding, the Jacksonville, Fla.-based parent of Florida Rock & Tank Lines, reported higher profits and revenue in the first fiscal quarter of 2019.

February 5, 2019