For his role in a decade-long stolen-goods scheme, a former senior manager of a FedEx Ground facility in Delaware was sentenced to more than three years in jail and ordered to pay back more than $1.1 million and forfeit more than $1.8 million in property on Thursday. In February 2020,...
The robust performance of Marten’s brokerage unit contrasts with slow truckload earnings
Marten Transport reported higher third-quarter earnings, but most came from an unlikely source: its brokerage section. In a quarter when truckload carriers Heartland Express (NASDAQ: HTLD) and P.A.M. Transport (NASDAQ: PTSI) both reported operating ratios under 80%, Marten's (NASDAQ: MRTN) truckload OR improved marginally to 88.3 percent from 88.7 percent...
RNG is decarbonizing trucking for three reasons right now
Trucking businesses and shippers that hire them make significant commitments to reduce their carbon footprint, such as being carbon-neutral by 2030. The hard work begins once the promises are made because achieving net-zero or better takes more than operational improvements. To progress beyond even the cleanest diesel platform, new business...