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RXO Reports Continued Brokerage Volume Growth for Q1

RXO experienced its fourth consecutive quarter of double-digit brokerage volume growth for the first quarter of 2024, the company reported May 2.

Connor D. Wolf | Staff Reporter
May 2, 2024

New Mississippi Law Targets Predatory Towers

Mississippi lawmakers dealt a blow to predatory towing companies that target heavy trucks with a new law that will take effect July 1.

Noël Fletcher | Staff Reporter
May 2, 2024

Maersk Sees Improved Prospects for Global Container Trade

A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.

May 2, 2024

C.H. Robinson Reports Lower Revenue, Net Income for Q1

C.H. Robinson Worldwide experienced a year-over-year decline in revenue and earnings during the first quarter of 2024, the company reported May 1.

Connor D. Wolf | Staff Reporter
May 2, 2024

Exxon to Close Pioneer Deal

The FTC declined to challenge Exxon Mobil’s $60 billion purchase of Pioneer Natural Resources but asserted that Scott Sheffield must not take a seat on the supermajor’s board.

Kevin Crowley and Leah Nylen | Bloomberg News  
May 2, 2024

Body of Fifth Worker Found After Baltimore Bridge Collapse

BALTIMORE — Authorities said they have recovered the body of a fifth person who was missing after the collapse of the Francis Scott Key Bridge more than a month ago.

May 2, 2024

Daimler CEO: Lack of Electric Truck Chargers a Top Concern

The world’s biggest commercial vehicle maker warned that slow progress adding charging infrastructure is threatening the shift to zero-emission trucking.

May 2, 2024

FRA: Union Pacific Undermined Regulators’ Safety Efforts

OMAHA, Neb. — Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailment, federal regulators say.

Josh Funk | Associated Press
May 1, 2024

Buttigieg Calls on Congress to Pass Rail Bill

More than a year after a train derailment in Ohio captured mainstream attention, the nation’s top transportation officer again called on Congress to advance a freight safety bill.

Eugene Mulero | Senior Reporter
May 1, 2024