The Teamsters have been ousted from representing a group of beverage drivers in Wisconsin while a much larger strike in the beverage world looms.
The union also ended a strike against U.S. Foods in recent weeks with a contract that even the Teamsters for a Democratic Union, a group within the union that is often critical of elected leadership, hailed as a victory.
The events occurring in such a short period of time are testimony to the fact that the largest union representing transportation...
Ryder System’s fourth quarter saw the continued rise of its Supply Chain Solutions (SCS) segment as a growing contributor to revenue and profitability, with used vehicle sales hurting the performance of its signature Fleet Management Solutions (FMS) vehicle leasing division.
In prepared remarks released with the earnings, CEO Robert Sanchez, who has been leading the push to have FMS account for a declining percentage of the Ryder business while SCS and Dedicated Transportation Solutions (DTS)...
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Ryder System is dramatically growing its dedicated transportation services operations with the...
The same driverless technology that Kodiak Robotics plans to put on highways in late 2024 has application to the military, which sees leveraging commercially developed innovation as smarter than creating everything itself.
Following Kodiak’s reveal of its Ford F-150-based prototype autonomous vehicle for the U.S. Army on Monday, Kodiak founder and CEO Don Burnette and I discussed dual-use technology, the recent comings and goings in the autonomous trucking space and a thawing of investor...
https://www.freightwaves.com/news/are-startup-investors-getting-past-the-fomu-cycle
The logistics industry is undergoing a digital transformation, shedding manual practices in favor of cutting-edge technologies like AI. This shift promises to eliminate wasted time and resources, leading the way to a new era of efficiency.
In support of this mission, Ryder System Inc. (NYSE:R) said Tuesday it has launched Baton, a Ryder Technology Lab, to bring together innovative engineers to take on the complex challenges of digitizing transportation networks and operations.
Last August, Ryder...
https://www.freightwaves.com/news/ryder-launches-technology-lab-with-freighttech-acquisition-baton
Most performance measures at Ryder System in the second quarter were down from a year earlier but the company made a significant upward revision in its forecast for the remainder of this year.
That was the key driver in the company’s stock performance Wednesday. At approximately 1:30 p.m. EDT, Ryder (NYSE: R) was up $6.21, or 6.77%, to $98.
The company’s second quarter earnings per share figure was down to $3.61 from its record level a year ago of $4.43, “largely reflecting weaker market...
https://www.freightwaves.com/news/ryder-forecasts-improved-finances-despite-q2-earnings-decline
Significant attention has been given to advancing warehouse management systems (WMS) in the FreightTech landscape, revolutionizing operations within physical buildings for enhanced transparency and optimization.
However, yard management systems (YMS) have received less investment, and their innovations have been relatively dormant compared to WMS. YMS has traditionally relied on manual processes with limited technological support.
Related: FreightWaves opens 2024 FreightTech nominations
To...
Driverless trucks likely will be in limited use on some U.S. interstates as soon as late 2024. How they will be maintained between trips is a growing focus for their software developers.
Aurora Innovation appears to be farthest along in preparing for inspections, fueling maintenance and automated landing and launch of autonomous Class 8 trucks. An unremarkable frontage road location in Palmer, Texas, south of Dallas is being transformed into a terminal capable of doing for autonomous trucks...
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Ryder System, which has been on a string of strong earnings for the last two years even as it has...
Transport and logistics giant Ryder System Inc. said late Tuesday that it has sold its 249,000-square-foot Miami headquarters campus, where it has been located since 2005, to real estate company Bridge Industrial for $42.1 million.
Ryder (NYSE: R) will remain headquartered in Miami-Dade County, where it has been based since its founding by Jim Ryder in 1933. It will lease back its current facility, located on 16.8 acres, for up to 12 months while it looks for new facilities in the Miami-Coral...
https://www.freightwaves.com/news/ryder-sells-miami-headquarters-campus