The UPS pilots’ union is helping members and families of the victims cope with last week’s tragic plane crash.
Universal Logistics Holdings reported a significant Q3 net loss of $74.8 million, primarily driven by an $81.2 million noncash impairment charge in its intermodal segment due to reduced demand. Even ...
WASHINGTON — A Senate lawmaker has jumped on the Trump administration’s crackdown on English proficiency for commercial truck drivers by looking to extend it from heavy freight to the gig economy.
A federal lawsuit challenges the Federal Motor Carrier Safety Administration’s (FMCSA) new interim rule, which immediately restricts non-domiciled Commercial Driver's Licenses (CDLs) for groups ...
U.S. stores are well-stocked for the holidays due to early merchandise imports driven by tariff anxiety and potential strikes, mitigating price increases for consumers. Container import volumes are ...
The heavy hitters in trucking just finished their Q3 calls, and what they’re saying is loud enough for small carriers to hear: things are messy, but there’s a glimmer of opportunity if you play tight.
RXO's stock plummeted over 14% pre-market following Q3 earnings that showed significant year-on-year declines in key financial metrics like adjusted net income, EPS, and EBITDA, missing analyst ...
The Operating Ratio (OR) is a critical metric for trucking businesses, measuring how efficiently revenue is converted into profit by showing the percentage of revenue consumed by operating expenses.
Cencora is betting on the future of pharmaceutical logistics, announcing a $1 billion investment through 2030 to expand and modernize its U.S. distribution infrastructure. This move is not just ...
Specialized less-than-truckload (LTL) carrier XGS, which focuses on oversized freight for the flooring industry, has been acquired by LRT Group. Chattanooga-based XGS operates a network of 30 ...
Trucking’s pain is spreading beyond freight rates and diesel prices — it’s now hitting the banks. In its third-quarter earnings release, Midland States Bancorp revealed that trucking industry woes ...
A UPS freighter aircraft destroyed buildings after slamming into an industrial area shortly after takeoff in Louisville, Kentucky, forcing the company to suspend shipping operations from its hub there ...
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