FreightWaves Today

FreightWaves Today

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FreightWaves Today episodes

  • Top Story - U.S. Xpress’ latest earnings call paints a dark picture

    John Kingston - Editor at large - FreightWaves - Carle Place, NY


    1. The numbers from Q1 2022 to Q1 2023 were not impressive - what was your takeaway from the drop in revenue (CHART AVAILABLE FOR THIS QUESTION)

    2. There were two big issues after that - the first was layoffs, something that the company denied but you found evidence of about 150 workers laid off.

    3. The other issue was a 10-Q filing with the Securities and Exchange Commission which highlighted 2 settlements the company had over some pretty negative claims.

    4. What does all of this point to in terms of what Knight-Swift is getting when this acquisition is finalized?

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      9 min
    5. Commercial Vehicle Safety Alliance’s annual Road Check

      Thomas Wasson - Loaded and Rolling Host - FreightWaves - Chattanooga, TN

      Truck tech and parking, my interview with Wayleadr's Trucking expert Caolan Cullen

      - Commercial Vehicle Safety Alliance (CVSA) holding annual road check

      - International Road Check from May 16 - 18

      - focus on anti-lock braking systems (ABS) and cargo securement

      - Level I inspection = most detailed one DOT can do

      - many smaller fleets / owner ops will take the week off to avoid it

      Road Check data from 2022

      - CVSA-certified inspectors did 59,026 inspections

      - resulting in 12,456 commercial vehicles,

      - and 3,714 CDL holders being put out of service.

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      10 min
    6. Reaction to yesterday’s congressional hearings on speed limiters

      Norita Taylor - Director of Public Relations - OOIDA - Independence, MO

      “All kinds of studies show that when all traffic flows at the same speed, it’s much safer for everyone,” Lewie Pugh, executive vice president of the Owner-Operator Independent Drivers Association, told the highway subcommittee of the House Transportation and Infrastructure Committee on Wednesday.

      • How do you feel the hearings went?

      • Given that the FMCSA is proposing this, what do you think the effect will be?

      • What other opportunities are you taking - if any - to voice opinions about speed limiters?

        ON THE OTHER HEARINGS

        • TIA President Anne Reinke testified on the lack of enforcement the FMCSA has on stopping double brokers and other “bad actors” - what do you think about this and does it affect owner-operators as much as fleet carriers?

          • David Fialkov, NATSO’s executive vice president of government affairs: “Our challenge in entering the electric vehicle charging market is that it remains unacceptably difficult to identify a viable business case for installing EV charging stations,” he said. “Our view is that these grant programs that are being developed should have a keener eye toward overcoming that challenge.”

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            10 min

          About FreightWaves Today

          From the publisher's feed

          FreightWaves NOW is your daily source for the most impactful news in logistics. We break down the complex world of freight—covering trucking, rail, air, and ocean markets—to bring you actionable…

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