Logistics Management Group News Editor Jeff Berman recently had an opportunity to talk to Derek Leathers, president and chief operating officer of Werner Enterprises, about market conditions, the ongoing driver shortage, the driver shortage, and pricing, among other topics.
Over the past couple of months, the Wall Street Journal has published several articles that indicate CEOs are “suddenly” discovering that transportation and supply chain issues can drastically impact their profitability. When CEOs from large companies like John Deere, Tyson Foods, and General Mills publicly state that their financial performance has been hurt by increased transportation costs, it gets people’s attention.
The current outlook for the trucking sector remains very strong, with no immediate change in sight at the moment, according to the most recent edition of the Trucking Conditions Index (TCI) issued by freight transportation consultancy FTR this week.
At $17.5 billion, USPS revenue headed up $235 million, or 1.4%, compared to the fiscal second quarter of 2017, but it incurred a net loss of $1.3 billion for the quarter compared to a net loss of $562 million a year ago. United States Postal Service Revenue numbers 2018, Postal Service Revenue Trends
In a wide-ranging opening keynote at last week’s National Shippers Strategic Transportation Council (NASSTRAC) annual meeting in Orlando, Fla., American Trucking Associations (ATA) President and CEO Chris Spear laid out a compelling case for what is working in trucking, what needs to be worked on, and what needs to happen in order to overcome a heightened state of acrimony in Washington, D.C.
Earlier this month, LM Group News Editor Jeff Berman caught up with Greg Gantt president and CEO of national less-than-truckload carrier Old Dominion Freight Line (ODFL) at the National Shippers Strategic Transportation Council (NASSTRAC) conference in Orlando, Fla. Gantt provided Berman with insight into various industry-related topics.
Steady summer growth for United States-bound retail container shipments appears to be in the cards, even though the possibilities of steep tariffs being placed on imported goods from China remains a distinct possibility, according to the most recent edition of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.