Amazon reported a boost in its quarterly profits Aug. 1, but the company missed revenue estimates, sending stocks lower in after-hours trading.
XPO profit jumped in the second quarter as revenue increased 8% on the back of a 4.5% increase in North American LTL shipments and 7.4% rise in the return obtained for those shipments.
The U.S. Department of Agriculture has granted authority to Port Houston to handle cold treatment cargo, creating an opportunity for drayage companies in the region.
C.H. Robinson Worldwide profit in Q2 jumped 29.7% year over year as a result of higher seaborne services pricing, a bigger margin on truckload and LTL shipments and a decrease in head count.
Used Class 8 truck sales totaled 20,700 in June, according to the latest ACT Research data, down 3.7% from 21,500 vehicles in the year-ago period and 9.2% lower than May’s 22,800.
A bipartisan infrastructure law topping $1 trillion is fueling a wave of freight and passenger mobility projects nationwide this summer.
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Nominations are Open for Transport Topics′ Annual Trucking′s Frontline Heroes Award!
This year, Transport Topics is honoring trucking professionals who served communities in need. While natural disasters and catastrophic disruptions occurred around the country, a few remarkable individuals endeavored to lend aid to their neighbors and deliver needed supplies. If you have a hero in your life who offered tremendous support to your community this year, nominate them to be the next Trucking′s Frontline Hero.
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Liebherr to Build $176M Distribution Center in Mississippi
A top Swiss manufacturer of construction equipment has inked a $176 million deal with Mississippi state officials to build a massive distribution and logistics center to provide spare parts in North and South America.
Text Message Scammers Seek Fake Toll Fees in Multiple States
The FBI and tolling operators across the nation are issuing warnings about “smishing” text message scams asking people to pay fake toll charges on fraudulent websites.
Soft market conditions in 2023 placed financial strain on many of the largest for-hire trucking companies in North America.
Complete coverage of the 2024 National Truck Driving Championships and Step Van Driving Championships, as well as the state events that served as qualifiers.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
Key data on revenue and freight assets for the 50 largest global freight companies.
Beverage and food service fleets dominate the top spots in this comprehensive rundown of private carriers in North America, ranked by number of tractors.
Shares of Chevron Corp. and Hess Corp. plunged after announcing an arbitration hearing with Exxon Mobil Corp. related to their $53 billion merger will be delayed until at least mid-2025.
Profit and revenue at Landstar System Inc. fell in the second quarter of 2024, largely on the back of truckload market weakness.
The Environmental Protection Agency issued an emergency waiver of fuel rules in four Midwest states to address shortages tied to a power outage at an Exxon Mobil Corp. refinery in Joliet, Ill.
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