Forward Air head Tom Schmitt was bullish about the company’s prospects on a call with analysts Thursday. Forward is already on track to achieve recently issued 2023 targets ahead of schedule.
The Biden administration wants the Canadian government to step in to end the increasingly costly blockade of the Ambassador Bridge.
The Variant initiative is not yet showing signs of turning the company around.
The LTL segment remains a work in progress, but analysts are confident that Jacobs & Co. can turn it around.
Nearly 420 trucking and logistics companies are collectively owed millions of dollars after a California oil distributor ceased operations and filed Chapter 7.
Trimble expects organic revenue growth in 2022, despite the ongoing impact of constrained supply chains across the global economy.
The intersection of Interstate 95 and New Jersey Route 4 is the worst bottleneck for the third year in a row.
Engine braking technology invented by Clessie Cummins is part of the $325 million Cummins acquisition of Jacobs Vehicle Systems.
Record earnings per share of $2.48 beat analysts’ estimates.
A.P. Moller – Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company’s latest move in building out a land-based logistics network.
Ongoing supply chain constraints and the need to get a handle on e-commerce fulfillment is driving interest in logistics companies among retailers.
The CEO of Canada’s largest trucking company, TFI International, says the cross-border COVID-19 vaccine mandate affected a small number of its Canadian drivers.
“Across the board, our businesses showed momentum and ended the year on a strong note,” said Charles Freund, CFO at Fleetcor.
A Postal Service reform package passed by the House on Tuesday would eliminate massive financial burdens at the agency while maintaining a unified package and mail network.
Cummins takes sole ownership of the natural gas joint venture as it moves to a new onboard storage partnership with Rush Enterprises’ Momentum Fuels.
Less-than-truckload carrier Yellow Corp. adds two driver academies as part of a plan to train 1,000 drivers in 2022.
XPO Logistics has issued 2022 guidance and vows to fully right the LTL segment’s operating ratio by midyear.
TForce Freight pickup and delivery drivers will be driving less and taking on more freight as TFI International pushes efficiency in its U.S. LTL operation, says TFI’s CEO.
The Ambassador Bridge over the Detroit River is a vital trade link between Canada and the U.S.
The U.S. Postal Service reported a widening net loss in the fiscal 2022 first quarter due to higher compensation and benefits costs. Transport costs rose 9% due to higher fuel expenses.
