Marten Transport's revenue increased significantly in the fourth quarter of 2022 compared to the previous year, but its net income increased significantly less. Operating revenue at Marten (NASDAQ: MRTN) increased 15.8% excluding fuel, while total operating revenue increased 20.9% to $322.6 million from $266.9 million in the fourth quarter of...
EVs will face a problematic audience in LTL carrier
In general, electric trucks remain a show-me story. EVs may be a no-show for less-than-truckload LTL carrier unless certain conditions change. The twin bogeymen are lack of robust infrastructure and recharging time, but for LTL carriers more so than for their truckload counterparts. This is because an LTL uses vehicles...
Last year, thefts of tractor-trailers increased by 23% in Mexico
The thefts of tractor-trailers in Mexico : According to a recent report from the Mexican Association of Insurance Institutions, the number of insured cargo trucks stolen in Mexico increased 22.9% year on year to 8,553 units in 2022 compared to '21. Last year, Kenworth tractor-trailers were the most stolen cargo...