Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.
The closure of the Port of Baltimore has so far not led to broad price increases, though firms are concerned about any extended shutdown, according to a Federal Reserve report.
MIAMI — The Biden administration on April 17 reimposed crushing oil sanctions on Venezuela.
CSX’s first-quarter profit slipped 10% even though the railroad delivered 3% more goods, as the mix of shipments it handled shifted toward less profitable items.
Profits at truck maker Volvo Group in the first quarter of 2024 received a boost from price increases, even as orders and deliveries declined as expected.
WASHINGTON — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips.
It’s Time to Prioritize Your Fleet Maintenance Service
Prioritizing your fleet maintenance is critical to improving uptime, reducing costs, and increasing operational efficiency for your fleet.
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J.B. Hunt Reports $2.9 Billion Revenue for Q1
J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.
When Will Freight Market Conditions Improve?
Stubbornly weak freight market conditions have placed financial strain on 3PLs in recent years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.
Complete coverage of the 2024 National Truck Driving Championships and Step Van Driving Championships, as well as the state events that served as qualifiers.
A freight market recession, compressed broker margins and major acquisitions in 2023 have markedly altered the landscape of North America’s largest third-party logistics providers.
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.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
New York City’s congestion pricing plan will now include funds to help alleviate potential pollution issues the new tolling program may spark in New Jersey.
Virginia state and Henrico County officials touted a series of grand openings, including an Amazon robotics fulfillment center and a Coca-Cola Consolidated distribution facility.
The transportation funding subcommittee in the U.S. House will promote connectivity projects while focusing on taxpayers, its new leadership said this month.
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