Reverse stock splits: Often a path to oblivion
Reverse stock splits offer an immediate – if artificial – benefit to companies struggling with low stock prices. But they rarely work out long term.
Reverse stock splits offer an immediate – if artificial – benefit to companies struggling with low stock prices. But they rarely work out long term.
A spinoff of FedEx Freight will give investors more options to play the less-than-truckload space.
Current forecasts indicate a significant escalation in tariff levels, potentially rising to an imposing 75% on Mexican goods by September 2026, aligning with a strategic pivot toward a protectionist trade policy.
California has received a waiver that allows tighter rules on diesel emissions; will it have a short shelf life?
FedEx’s decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers sought to provide comprehensive transportation solutions for their customers.
The freight broker transparency fight four years in the making is shining a light on tensions between brokers and carriers
Cross-border trade flows for industries such as autos, lumber and agrifoods could be affected by President-elect Donald Trump’s proposed tariffs, experts said.
FedEx said Thursday it will move forward with the separation of its less-than-truckload and legacy package delivery businesses.
Surveying the issues in the strike against Amazon by the Teamsters union and defining an “employee” can get tricky.
The North American Council for Freight Efficiency’s recent fleet fuel study highlighted truck fuel economy gains of 7.77 mpg compared to the national average of 6.9 mpg in 2023.
Tender rejection rates have surged to 8.36%, marking the highest point since June 2022 and a massive one-week surge of 190 basis points.
Now is the time for companies to optimize their operations and onboard new strategic providers to safeguard themselves over the next year.
A federal bankruptcy court has approved two sales totaling $192.5 million for 12 of Yellow Corp.’s terminals.
Even though actual congestion hours decreased, a jump in truck operating costs – including a 12% increase in driver compensation – drove record costs attributed to congestion.
Direct ChassisLink Inc. announced it’s adding GPS tracking to its entire fleet of 53-foot domestic chassis.
Drew Wilkerson, CEO of RXO, spoke about RXO’s recent acquisition of Coyote Logistics, implementing newly acquired technology and his thoughts on M&A in 2025.
The Teamsters are making gains at Amazon and among the company’s direct service providers, but the e-commerce retailer says not so fast.
An online auction was underway Tuesday to sell some of the assets of intrastate trucking company D.A.F.S. Transport of Monahans, Texas, which operates primarily in the Permian Basin in West Texas.
Pavel Ivanovich Turlak pleaded guilty Friday in the Eastern District of Washington to violating Clean Air Act emissions controls and to fraudulently obtaining COVID-19 relief money.
Domestic manufacturing can be a huge driver for trucking freight demand.