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Truckers Testing Positive For Cannabis At Record Rates, 129,000 Prohibited, Exacerbating Supply Chain
Saturday, June 3, 2023 - 1:06pm | 421The number of truck drivers testing positive for marijuana use rose by 9.2% in the first quarter of 2023, with a significant portion of those who failed their tests not participating in the return-to-work program, according to data from the federal Drug & Alcohol Clearinghouse reported...
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Subseasonal Trucking Market Still Soft And Loose
Wednesday, September 14, 2022 - 12:24pm | 1163The U.S. truckload market is still soft, with accepted contract shipments running approximately 5.5% lower than the year-ago period, and loose, as only 5.5% of contract truckload tenders are being rejected by carriers. When market conditions are favorable to carriers, they reject more contracted...
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Truck Transportation Jobs Continue Solid Growth In July
Friday, August 6, 2021 - 10:45am | 381Truck transportation jobs continued a steady rise in July, according to data from the Bureau of Labor Statistics, with the not-seasonally adjusted figure again growing at a faster rate than the seasonally adjusted number. Economists generally look to seasonally adjusted data as being more...
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Surging Demand For Logistics Properties Highlighted In Prologis' Q1 Report
Monday, April 19, 2021 - 11:47am | 396Prologis Inc. (NYSE: PLD) reported core funds from operations of 97 cents per share Monday, 3 cents ahead of the consensus estimate and 14 cents better than the year-ago quarter. The San Francisco-based logistics real estate investment trust said occupancy was steady in the quarter at 95.4% with...
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Do Warehouse Robots Dream Of Electric Sheep? – WHAT THE TRUCK?!?
Friday, August 14, 2020 - 3:38pm | 262On today's episode, Dooner and The Dude talk about SVT Robotics' warehouse integration, the good and bad of e-commerce for Amazon and USPS, TK7 Products' push toward green initiatives, how to talk to millennials in trucking, FreightWaves' new swag store. and what's On The Radar in SONAR. Plus, Bad...
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Report: Climate Change, Air Quality Concerns Drive Clean Truck Adoption
Tuesday, August 11, 2020 - 11:30am | 581Historically trucking fleets have invested in alternative fuel vehicles as a way to reduce the total cost of ownership through lower fuel costs, but environmental factors are now driving investment in zero- or near-zero-emission trucking technologies. That's one of the key takeaways from a report...
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Safety Most At Risk At Beginning, End Of Drivers' Shifts
Tuesday, August 11, 2020 - 11:17am | 1162Commercial vehicle drivers are more likely to engage in unsafe driving behaviors at the beginning or end of their shifts. Meanwhile, U.S. drivers are speeding more frequently on the less-congested roadways during the COVID-19 pandemic. These are some of the findings from a new data deep dive from...
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Canadian Truckers Say They're Being Refused Medical Care
Friday, August 7, 2020 - 10:28am | 862When Canadian trucker Jean Pothier recently tried to schedule a battery of overdue blood tests, he was told to self-isolate for 14 days first over COVID-19 risks. It wasn't an option for the cross-border lease operator, who pays about CA$3,000 a month for his truck alone on top of a mortgage for...
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WIT, NTI Partner For Fourth Annual Women In Trucking Index
Thursday, March 21, 2019 - 4:13pm | 573The National Transportation Institute (NTI) is partnering with the Women In Trucking Association (WIT) to facilitate the data collection and analysis of the WIT Index. The Index is an annual survey of trucking companies that tracks the percentage of women working as professional drivers and in...
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The Bear Thesis For Truckers: Tesla To Conquer All
Friday, September 29, 2017 - 9:34am | 390The case against owning stock in trucking companies can be summarized in one word: Tesla. Tesla Inc (NASDAQ: TSLA)'s plans to eventually sell electric semi-trucks is a "big deal" as it will disrupt one of the country's biggest industries, Loup Ventures' Gene Munster said in a...
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Knight Transportation Wins A New Bull, Deutsche Bank
Tuesday, April 11, 2017 - 3:38pm | 305One of America’s biggest trucking companies Knight Transportation (NYSE: KNX) has agreed to merge with Swift Transportation Co (NYSE: SWFT) to create one of the biggest trucking giants in the industry, to be valued at $5 billion. Following the announcement, Deutsche Bank upgraded Knight...
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Trucking Might Be Having Its Worst Year Since 2007, Says JPMorgan
Monday, February 29, 2016 - 12:28pm | 477JPMorgan has warned that the North American trucking industry might be having its worst year since 2007. Analyst Brian Ossenbeck, who launched the coverage on the sector, said the truckload sector faces a broadly negative 2016 fundamental outlook and expects to drive the first contraction in...
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Top 4 Small-Cap Stocks In The Trucking Industry With The Lowest PEG Ratio
Friday, October 2, 2015 - 4:47am | 126Below are the top small-cap trucking stocks on the NYSE and the NASDAQ in terms of PEG ratio. Celadon Group, Inc. (NYSE: CGI) has a PEG ratio of 0.53. Celadon Group's trailing-twelve-month revenue is $900.80 million. USA Truck, Inc. (NASDAQ: USAK) has a PEG ratio of 0.62. USA Truck's trailing-...
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Top 4 Small-Cap Stocks In The Trucking Industry With The Lowest PEG Ratio
Thursday, October 16, 2014 - 4:26am | 112Below are the top small-cap trucking stocks on the NYSE and the NASDAQ in terms of PEG ratio. ArcBest (NASDAQ: ARCB) has a PEG ratio of 0.32. ArcBest's trailing-twelve-month revenue is $2.44 billion. Celadon Group (NYSE: CGI) has a PEG ratio of 0.72. Celadon Group's trailing-twelve-month ROE is 15....
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Top 4 Mid-Cap Stocks In The Trucking Industry With The Highest ROI
Friday, August 8, 2014 - 5:04am | 133Below are the top mid-cap trucking stocks on the NYSE and the NASDAQ in terms of return on investment. The trailing-twelve-month return on investment at JB Hunt Transport Services (NASDAQ: JBHT) is 21.20%. JB Hunt's revenue for the same period is $5.86 billion. The trailing-twelve-month return on...