Trucking

Universal Logistics Holdings reported a 15% decrease in revenue to $393.8 million in the second quarter.

Covenant Logistics Group sees a potential gradual freight market recovery later this year.

Roadrunner announced the addition of over 100 lanes to its long-haul, less-than-truckload network, designating Kansas City as a key hub.

Ryder’s profits were higher in the second quarter, but revenue growth was slow.

The trucking industry finds itself mired in one of the most protracted freight recessions on record, a predicament exacerbated by a flood of capacity that has outstripped demand. This surplus stems from an industry with negligible barriers to entry, where supply can readily overshoot, challenging the American Trucking Associations’ (ATA) persistent claim of a perpetual […]

Knight-Swift is controlling the controllable as it awaits a more meaningful market turn.

Knight-Swift Transportation modestly beats second-quarter expectations and provides an inline outlook for the third quarter.

Covenant Logistics Group’s second-quarter revenue increased 5% year-over-year to $302.85 million.

Growth in cloud revenue is a highlight; new sales opportunities due to ‘unification’ are helping to grab new business.

Several private equity firms have submitted bids to acquire Forward Air, according to a Reuters report.

Proposals to limit top truck speeds – initiated by major trucking companies – lacked enough data to justify moving forward, according to regulators.

Trucking’s big-carrier lobby tells Congress it’s ready to support an annual truck fee to pay for roads and bridges.

Marten is selling its intermodal unit, which is focused on refrigerated, to Hub Group.

Even as the issue of broker liability is awaiting word on whether SCOTUS will take up the issue, another case is moving through the courts.

FedEx Freight said it is giving shippers more time to adjust to recent changes to the less-than-truckload classification system that is used to establish pricing.

Colorado’s Jeff Hurd introduced legislation to further relax truck driver hours of service rules and ELD requirements for livestock carriers.

Businesses will stop using Canada Post if workers decide to go on strike again, worsening the existing mail drain, according to the Canadian Federation of Independent Business.

Ruan Transport is laying off 144 workers from a facility in Tolleson, Arizona, after losing a customer contract.

Daimler Truck AG is pivoting to Europe for zero-emission vehicle growth under its “Stronger 2030” strategy, citing favorable regulations and incentives over U.S. uncertainties. Mercedes-Benz Trucks aims for 25,000 ZEV unit sales by 2030

This week in Borderlands: US ending tomato trade agreement met with praise, criticism; Amports expands vehicle storage capacity at Mexican seaport; and CBP find cocaine in raspberry shipment from Mexico.