Shares are trading down sharply after Forward Air reported shipping fewer pieces per shipment than expected in the fourth quarter.
“As a driver, you make your living off your license to drive a tractor-trailer, so it’s critical to make sure it’s in a good standing,” said Robert Kaferle, vice president of safety at Reliance Partners.
FleetCor Technologies beat Wall Street quarterly revenue and earnings estimates and offers a positive outlook for 2023.
Transport company RXO, coming off a solid performance in its first quarter as a stand-alone entity, is “positioning ourselves for the inflection,” according to CEO Drew Wilkerson.
XPO takes share in the fourth quarter, posting adjusted earnings ahead of consensus.
The latest freight congestion data builds a case for better targeting of billions of dollars in new government infrastructure money.
Weak freight markets led to a fourth-quarter downturn at Uber Freight.
What can be done to alleviate emissions and decarbonize transportation in the ports?
The U.S. Postal Service is canceling its mail contract with a California-based trucking company with a history of safety violations and drivers who were involved in two fatal crashes in the past two years.
Supply chain technology provider Trimble Inc.’s transportation revenue was $150 million in the fourth quarter and $604.2 million in 2022.
Cargo thieves stole more than $223 million worth of merchandise in 2022, led by household items, electronics and food and beverage goods.
Echo Global Logistics said it has hired former Roadrunner president Frank Hurst and XPO operations vice president Phil Resendiz to lead its less-than-truckload efforts.
Management from Werner Enterprises parses through 2023 expectations on a Tuesday evening call with analysts.
Transportation firm RXO reports a 19.6% gross margin in the fourth quarter, with brokerage gross margins clocking in at 17.9%.
A golfer named Ryder is going to lead marketing for Ryder, and it all started with a memorable shot at a place like no other in golf.
Engine maker Cummins backs OEM projections of a strong 2023 for new trucks. If the China market recovers, look for an earnings bounce.
TFI’s chief downplayed any talk that goes beyond operational synergies, but analyst Jason Seidl said TFI wants to marry ArcBest.
Less-than-truckload carrier Yellow filed revised notifications with the Teamsters seeking more subdued changes to operations after receiving pushback from the union.
A monthly survey of supply chain executives released Tuesday revealed signals that transportation markets could be poised for a recovery.
Less-than-truckload booking platform MyCarrier is automating insurance coverage for the 10,000 shipments it is booking daily.
