Werner Enterprises: Focused on value

Werner Enterprises: Focused on value

Ever since Clarence Werner used his car as a down payment to purchase a 1956 Ford F-800 truck, effectively kick-starting his entrepreneurial journey, Werner Enterprises has been one of the de facto yardsticks from which all truckload carriers have measured themselves against.

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Marten Transport delivers the goods

Marten Transport delivers the goods

Quarter-over-quarter, year-over-year, Marten Transport (NASDAQ: MRTN) has delivered consistent, top quartile results. Key word is consistent. When compared to many of the others, you don’t see very many blips in operating expenses or legal exposures that may causes multi period hangovers for others.

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Want to drive innovation? Go full skunk

Want to drive innovation? Go full skunk

Everyone talks about how public companies are driven by short terminism, the same could be said for most trucking companies (and most businesses in general). In trucking, since the industry is cyclical and a leading economic indicator, the underlying marketplace can turn on a dime, and leave many operators in a precarious position.

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Covenant Transport Solutions new VP of customer service aims to take brokerage division to the next level

Covenant Transport Solutions new VP of customer service aims to take brokerage division to the next level

While some truckload carriers tend to treat their brokerage operations as hobbies or support functions, Chattanooga-based Covenant Transport (NASDAQ: CVTI) is committed to fostering a relevant and prosperous brokerage firm with Covenant Transport Solutions. New hire Ben Caplenor, vice president of customer service, plays an integral role in that mission.

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How truckload carriers can shield themselves from rising insurance premiums

How truckload carriers can shield themselves from rising insurance premiums

Despite many truckload carriers reporting record revenues and strong operating ratios, TCA data housed inside FreightWaves’ SONAR shows an anomalous jump in insurance expenses, spiking as high as 4.45% of total revenue at the end of October 2018.

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TCA building profitability analytics for asset-based brokerages

TCA building profitability analytics for asset-based brokerages

Roughly 65% of Truckload Carrier Association member fleets have structured brokerage operations, estimates Chris Henry, program manager of the TCA Truckload Profitability Program (TPP), but very few companies have insight into how their asset-light division stack up against their peers.

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Manual processes are slowly killing your business

Manual processes are slowly killing your business

The reality is, many of the tasks handled by our operations, accounting and customer service teams are repetitive and prime candidates for automation. In general, any repetitive, rule-based task is a prime candidate for automation. So why haven’t they already been automated?

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Flatbed carrier makes 3,000-mile journey to deliver the U.S. Capitol Christmas Tree

Flatbed carrier makes 3,000-mile journey to deliver the U.S. Capitol Christmas Tree

Central Oregon Truck Company will wrap-up its cross-country tour hauling the U.S. Capitol Christmas Tree with one last stop at Andrews Air Force Base in Maryland this weekend before the tree is dropped off at its final destination.

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Swift offers drivers, dependents free college tuition through Drive for a Degree program

Swift offers drivers, dependents free college tuition through Drive for a Degree program

Drivers at Swift Transportation, a subsidiary of Knight-Swift Transportation Holdings Inc. (NYSE: KNX), now have the opportunity to earn college degrees online through Southern New Hampshire University’s College for America program.

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What goes up must come down: ACT Research VP Steve Tam talks Class 8 order, production forecast

What goes up must come down: ACT Research VP Steve Tam talks Class 8 order, production forecast

At a time when used truck pricing is holding strong and new truck orders seem to surge month after month, many wonder when the proverbial crash is coming. Tam thinks the good times are likely to continue into 2019, with the market taking a turn in the second half of the year.

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