Logistics News

Brent crude climbed 2.5% to $113.51 a barrel. Brent remains near the high end of its range since the war with Iran began. 

FedEx Freight offered mixed results in its first earnings report, pointing to transitional bumps as the company learns to stand on its own.

FedEx CEO Raj Subramaniam echoed industry optimism over tightening trucking capacity Oct. 28, despite facing short-term cost headwinds.

Amazon offered a cautious sales outlook for Q4 that encompasses the critical holiday shopping period after delivering Q3 results that came in below analysts' expectations.

“When you look at the margin profile of the big truckers, it’s still not exceeding your weighted average cost of capital," said Knight-Swift Transportation CEO Adam Miller. "And so we’re going to have to push that further.” 

Higher fuel costs and employee health and dental benefits are set to hurt Old Dominion Freight Line’s industry-leading operating ratio in Q4 2026.

The price for a barrel of Brent crude oil sank 2.1% to $109.26 as traders assessed fresh diplomatic efforts in the Middle East to avert a resumption of U.S. military strikes on Iran.

C.H. Robinson Worldwide executives on Oct. 28 pushed back against analysts’ concerns that the RXO acquisition could create operational overlap and friction.

DoorDash said the Instacart brand name and app will remain, and Instacart shoppers can continue fulfilling orders for Instacart. 

CEO Preston Feight said the company's suppliers were unable to scale up their output at the same pace as demand for trucks grew.