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    HDC Logistics CEO sees freight market nearing ‘bottom’ by the end of 2023

    HDC Logistics third-quarter net income declined 35% year over year (y/y) compared to the same period in 2022, as demand for rental trucks and fleet management softened. The UK-based company announced its third-quarter earnings before the market opened Wednesday. “As we see things that continue to...

    This year trucking congestion costs hit new record $95B

    Congestion cost trucking companies a record $94.6 billion in 2021, according to a new study published by the North American Transportation Research Institute, with Nevada, Louisiana, Georgia and California seeing the biggest rate increases from a 2016 baseline. “Whether it is recurring congestion or incident-related,...
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    HDC Logistics CEO sees freight market nearing ‘bottom’ by the end of 2023

    HDC Logistics third-quarter net income declined 35% year over year (y/y) compared to the...

    This year trucking congestion costs hit new record $95B

    Congestion cost trucking companies a record $94.6 billion in 2021, according to a new...

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