Aug. 3 - Schneider faces intermodal clogs | To recruit drivers, pay tactics are distributors' top choice

From sapling to pure-play LTL: The story of XPO Logistics under Jacobs; Pay tactics are distributors' main choices for recruiting, retaining drivers View online | Signup | Forward

Daily Dive Aug.​ 3,​ 2021 | Today's news and insights for transport leaders Note from the editor XPO Logistics and GXO Logistics officially split into two on Monday, with GXO minted as a new stock on the New York Stock Exchange. I was in the Big Apple for the companies' festivities. It was no doubt a celebration for Bradley Jacobs, XPO CEO and GXO chairman. He has wanted to convert both segments into "pure play" companies that focus on particular tasks. The goal: Bring XPO's stock price in line with its LTL competitors. Jacobs, a big numbers man, believed XPO as a whole was undervalued. In preparation for New York, I decided to look at XPO up close. Read about XPO, GXO and Jacobs here. The split will surely have consequences for the U.S. LTL and global contract logistics industries. Jim Stinson Senior Reporter, Transport Dive Twitter | Email P.S.: If you find value in this story and others on Transport Dive, we hope you’ll take a moment and encourage your team members and colleagues to also subscribe. Share this link to get them signed up: https://www.transportdive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316 Schneider's containers struggle to flow through clogged intermodal networks The average unload dwell time for customers has increased 70% from the 2019 comparable period, President and CEO Mark Rourke said. Deep Dive From sapling to pure-play LTL: The story of XPO Logistics under Jacobs Bradley Jacobs is a relentless numbers man and a serial entrepreneur. And he's one thing neither XPO nor GXO can replace. Pay tactics are distributors' main choices for recruiting, retaining drivers Distributors cited incentive compensation as a more common strategy than above-market salaries, in a survey by ​the International Foodservice Distributors Association. Read more news What We're Reading Overdrive Senate infrastructure bill leaves out truckers' liability insurance hike FreightWaves Short haul freight drives carrier compliance higher Transport Topics Driver Shortage Has Trucking Companies Looking Abroad FleetOwner Class 8 natural gas truck sales up 19% in 2021 HR Dive 10 ways the PRO Act could change the game for employers and organized labor Suggest a story we should read Dive Into a Topic Technology Regulatory Workforce Safety Operations Equipment Infrastructure Share Transport Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Transport Dive: Daily Dive. Here's your link to share: https://www.transportdive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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