JB Hunt

The Daily Dash: Last-mile event coverage and under-21 driver pilot program

Army truck

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the FreightWaves Last Mile Logistics Summit was held on Thursday, diving deep into the challenges and opportunities in last-mile delivery. Plus, Hyliion details its secret sauce and the Federal Motor Carrier Safety Administration is expanding a pilot program for drivers under the age of 21.

Deep dive into last mile

Last-mile delivery has been tested throughout the COVID-19 pandemic. FreightWaves’...

https://www.freightwaves.com/news/the-daily-dash-last-mile-event-coverage-and-under-21-driver-pilot-program

J.B. Hunt ‘committed’ to final-mile delivery of big and bulky items (with video)

The head of J.B. Hunt Transportation Services Inc.’s (NASDAQ:JBHT) final-mile operation said Thursday that significant investments must be made in the home delivery of big and bulky items because it is fast becoming the most critical part of the supply chain.

Nick Hobbs, who runs the Lowell, Arkansas-based company’s Dedicated Contract Services (DCS) and Final Mile Services operations, said during the FreightWaves Last Mile Logistics Summit that Hunt is aggressively investing in its final-mile...

https://www.freightwaves.com/news/jb-hunt-committed-to-final-mile-delivery-of-big-and-bulky-items-with-video

FreightCasts Weekly Recap (9/7-9/13)

You can find every FreightWaves podcast conveniently in one feed via the free FreightCasts channel on freightwaves.com/podcasts, iTunes, Spotify or wherever podcasts are found. 

Subscribe to FreightCasts and never miss a FreightWaves podcast.

The full list of FreightWaves media can be streamed via the FreightWavesTV app available for your smartphone, Apple TV, Roku and Fire TV. The app is free on all platforms.

Users of the FreightWavesTV app also have access to a full lineup of FreightWavesTV...

https://www.freightwaves.com/news/freightcasts-weekly-recap-9-7-9-13

The Daily Dash: Electric truck mania; robotics company lands $17M; and J.B. Hunt receives landmark tractor

Volvl Trucks electric VNR tractor

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Schneider National, Navistar and Volvo Trucks North America all announced advancements to electric vehicle testing and charging networks. Plus, a warehouse robotics company and 3D additive printing firm land investment rounds.  

Electric charge

The flurry of news surrounding electric trucks on Wednesday was nearly nonstop. In the end, three large companies — Schneider National, Navistar and Volvo...

https://www.freightwaves.com/news/the-daily-dash-electric-truck-mania-robotics-company-lands-17m-and-jb-hunt-receives-landmark-tractor

US 3PL industry to post revenue drop in 2020, Armstrong predicts

The U.S. third-party logistics (3PL) industry will post a drop in gross revenues in 2020, its second consecutive year of declines coming off a banner decade, according to a study by Armstrong & Associates Inc., a consultancy which closely tracks the U.S. and global 3PL markets.

For 2020, gross revenues for U.S.-based 3PLs are expected to hit $208 billion, a nearly $5 billion fall-off from 2019 levels of $212.8 billion. The full-year 2020 projections, if accurate, would represent a modest...

https://www.freightwaves.com/news/us-3pl-industry-to-post-revenue-drop-in-2020-armstrong-predicts

CSCMP Distinguished Service Award winner: the story of Matthew Waller

Matt Waller given CSCMP award

Matthew Waller looked at his calendar and saw that he had a meeting scheduled with Doug McMillion, CEO of Walmart (NYSE: WMT). He didn’t remember scheduling such a meeting, so he asked his assistant about it, only to be told it was a meeting requested by McMillion.

“It had me nervous. I wondered if I had screwed something up,” Waller, dean of the Sam M. Walton College of Business and professor of Supply Chain Management at the University of Arkansas. told FreightWaves. The meeting, it turned...

https://s29755.pcdn.co/news/cscmp-distinguished-service-award-winner-the-story-of-matthew-waller

The Daily Dash: SONAR 7.0, Brad Jacobs, Schneider and more

FreightWaves SONAR

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, FreightWaves adds exciting new capabilities within its SONAR platform; XPO’s Brad Jacobs talks diversity, automation and more in a 3PL Summit keynote address; and Schneider invests in a new technology platform.

SONAR 7.0

SONAR has become the standard in data and analytics for anyone involved in the movement of freight. FreightWaves CEO Craig Fuller unveiled the latest updates to the platform,...

https://s29755.pcdn.co/news/the-daily-dash-sonar-7-0-brad-jacobs-schneider-and-more

The Daily Dash: Freight volumes, capacity and earnings remain strong

The Daily Dash is a quick look at what is happening today in the state of freight.

Freight volumes remain strong through July 

There was little evidence that freight volumes would weaken beyond the Fourth of July holiday peak — and this bullish outlook proved correct. The outbound tender volume index (OTVI) remains strong after the traditional holiday peak and finished this week 25% above 2019 volumes. Truck capacity remains tight. Tender rejections climbed again this week and are now at 16.55%. 

S...

https://s29755.pcdn.co/news/the-daily-dash-freight-volumes-capacity-and-earnings-remain-strong

The Daily Dash: Your look at today’s news

YRC government loan

The Daily Dash is a quick look at what is happening today in the freight ecosystem. In today’s edition, YRC Worldwide details how it will spend the $700 million loan it received from the government, Navistar and Samsara make it official and a PPP loan wasn’t enough to save an Alabama carrier.

YRC’s lifeline

Earlier this week, YRC Worldwide, the troubled less-than-truckload carrier, announced it would be receiving a $700 million loan from the U.S. Department of the Treasury in exchange for a 30%...

https://www.freightwaves.com/news/the-daily-dash-your-look-at-todays-news

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