News
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When scientific activity becomes a controlled export
U.S. Justice Department announced the arrest of Harvard University’s chemistry department chair on charges of lying about financial and research connections to the Chinese government.
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C.H. Robinson earnings fall 45% on narrowest brokerage margins in a decade
Robinson aggressively cut prices to hold truckload volumes steady and grow LTL volumes.
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U.S. Xpress announces favorable refinancing
U.S. Xpress announced it has successfully refinanced its revolving credit facility, lowering the interest rates on a portion of its debt.
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U.S. Supreme Court declines to hear OOIDA’s appeal of toll ruling
Owner-operator group calls decision “highway robbery."
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Alaska Air Group posts strong fourth-quarter earnings
Alaska Airlines’ parent company also reported hefty full-year earnings in what the CEO called a “fantastic year.”
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Roadrunner to sell Prime division to CHRW to help clean up balance sheet
Roadrunner Transportation will be able to take a significant step in improving its balance sheet following its agreement to sell its Prime Distribution Services business…
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PACCAR’s low inventory helps offset new-truck-order doldrums
PACCAR is riding a comparatively low inventory of unsold trucks into 2020 as new orders and production in the first quarter are expected to be…
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Q&A: How coronavirus threatens container supply chains
Trans-Pacific container volumes face escalating coronavirus risk.
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Canadian National’s fourth-quarter net income falls 23.6%
The railway cited the labor strike and weak freight demand in lower fourth-quarter profits.
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UPS broadens fight against human trafficking
Parcel drivers join long-haul colleagues in training to bolster community safety.
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