Lineage says tariffs hit Q1 revenue, announces $1B deal with Tyson Foods
Lineage Inc. had revenue of $1.29 billion and earnings per share of 86 cents in the first quarter.
Lineage Inc. had revenue of $1.29 billion and earnings per share of 86 cents in the first quarter.
Supply chain businesses ranging from rail to trucking to warehousing saw layoffs and bankruptcies throughout April, as tariffs and other economic factors slam freight markets.
The Trump administration eases tariffs on auto industry metals, offering relief to U.S. automakers and suppliers through exemptions and reimbursement incentives.
Less-than-truckload carrier XPO is one of the few transportation companies to report better-than-expected results for the first quarter.
Werner CEO Derek Leathers held court with analysts on a quarter that was historic, but not in a good way.
Werner Enterprises posted a net loss for the first quarter.
UPS is downsizing its workforce as it pulls back from delivering packages for Amazon, its largest customer.
ArcBest said it’s still seeing a rational less-than-truckload pricing environment and expects a normal seasonal uptick in demand during the second quarter.
The freight arm of Uber Technologies shares growth plans for its carrier base at the company’s 2025 Carrier Summit in Atlanta.
The Trump administration said on Tuesday it plans to curb some tariffs on cars and foreign parts imported to the U.S.
ArcBest reported a miss for the first quarter as it balances keeping its network full with finding decently margined freight.
DHL said it is resuming deliveries of B2C shipments over $800 after U.S. authorities relaxed rules that had increased red tape for processing medium-value shipments.
Two more men were charged with the murder of a cooperating witness in the Louisiana staged accident scam.
Kingsley Trucking ceased operations on Thursday after a Canadian court placed the 46-year-old carrier into receivership.
Broker Landstar System has delayed its first-quarter report as it further investigates what it says was fraud tied to an independent agent working under its freight forwarding operation.
Tariffs can take a toll on the bottom line. Bonded warehouses help combat that.
Apollo Global Management has a grim warning for the trucking industry: a recession is coming and mass layoffs will come with it.
WorkHound, which takes in mostly driver feedback and sends it to their employers, has been sold.
A federal jury has ruled that AI-powered technology made by Motive does not infringe on any of Omnitracs’ patents.
Importers bringing goods into the U.S. were improperly declaring imports that racked up $310 million in fees.
We’ve all heard how emerging AI technologies will optimize the freight industry in ways we can only dream about. But the scary truth is that AI is already fueling our nightmares—by supercharging freight theft. Why aren’t more people talking about the dark side of AI? For one, most of the worries are centered on job […]
Saia’s shares are getting punished as the company’s ambitious growth efforts have been derailed by a trade war.
DHL Express has grown its next-day delivery capabilities by adding a Brazil-to-US lane to its Medical Express service.
S&P Global is making a multistep deal with Orbcomm, taking a stake in it and buying a maritime offering.
Universal Logistics Holdings’ first-quarter revenue decreased 22.3% year over year to $382.4 million.
Less-than-truckload carrier Saia’s first quarter was much worse than analysts feared.
Union Pacific has brought a rare trackage rights dispute with BNSF to the Surface Transportation Board.
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.
Despite numbers that continue to sink, TFI CEO Alain Bedard was mostly positive about the outlook for TForce.
Covenant Logistics Group said economic uncertainties may push back freight market improvements.
Two men were arrested on suspicion of being part of a criminal enterprise to steal, move and sell stolen cargo in the Los Angeles area valued at over $3.9 million.
Railcar owner GATX won’t have to help pay the $600 million settlement related to the East Palestine, Ohio, train derailment, a jury decided.
Falling fuel surcharge revenue offset record freight revenue for Class I railroad Union Pacific in the first quarter.
Brad Jacobs’ QXO has a non-investment-grade debt rating in its first review by the two biggest ratings agencies.
Pamt Corp. reported a sixth straight operating loss in its truckload business during the first quarter.
Importers, customs brokers and freight carriers could be exposed to higher fraud risks as a result of Trump’s rapid-fire, unpredictable tariff regime.
Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy.
TFI’s earnings release late Wednesday didn’t have much good news for its U.S. LTL operations.
Covenant Logistics Group’s first-quarter revenue declined 3% year over year to $269.4 million.
Knight-Swift Transportation lowered its second-quarter outlook and didn’t provide third-quarter guidance due to a “fluid trade policy,” which is weighing on customer decision making.
Old Dominion Freight Line is only modestly altering near-term plans as it looks to take market share during the next less-than-truckload upswing.
Growth in its freight and transit business segments powered higher first-quarter revenue and earnings at rail technology company Wabtec.
Flat revenue and a “vicious winter” didn’t keep Norfolk Southern from posting improved first-quarter profits.
A proposed trilateral cargo partnership among Qatar Airways, IAG Group and Malaysia Airlines will extend each airline’s global reach, the carriers say.
Chinese sellers are now forced to play by the same rules as U.S.-based vendors.
President Donald Trump said Tuesday that he would cut tariffs on Chinese imports but did not clarify by how much.
Investors liked the earnings report from Ryder, even though its gains over the 12 months were limited.
Old Dominion Freight Line beat first-quarter expectations on Wednesday but lowered its capex budget as demand weakness lingers.
Motive announced at its Vision 25 user conference a host of new features expanding on its AI-powered, integrated operations platform.
Nuvocargo has acquired South Carolina-based Merge Transportation, a 3PL offering transportation solutions across the U.S.
A debate in New York City took on the question of whether the U.S. should “decouple” its supply chains from China.
Tesla had revenue of $19.3 billion and earnings of 27 cents per share in the first quarter.
Daimler Truck North America is delivering its latest flagship on-highway trucks to the autonomous testing fleet of Torc Robotics, a subsidiary of Daimler Truck. The trucks are based on the recently unveiled fifth-generation Freightliner Cascadia.
The country’s most reliable source of freight is slowing down.
Who will win the top fraud-fighting award at the inaugural Freight Fraud Symposium in Dallas?
Freight forwarder AIT Worldwide Logistics announced it has acquired a Miami-based forwarder.
The U.S. Supreme Court declined to hear a CSX appeal regarding an antitrust suit over access to Norfolk International Terminals.
OOIDA made its case before a three-judge panel of the 9th U.S. Circuit Court of Appeals as it fights alone against California’s AB5 applying to trucking.
Key strategies for combating fraud involve certificates of insurance for supply chain partners.
Citing tariffs and other factors, Volvo Trucks layoffs could total 1,000 manufacturing jobs across US
Container shipping capacity on the Asia-U.S. trade route has sharply declined as carriers ramp up blank sailings.
On Episode 829 of WHAT THE TRUCK?!?, Dooner is talking to one of the most amazing owner-operators on the road: Roger Machback. Machback lost his arm in a boating accident but didn’t let that keep him out of the cab. Instead, he designed his own prosthetic arm so he could keep on trucking. Now, he […]
Capacity management and transaction AI are two ways that Parade is helping brokers streamline carrier sales and daily operations.
Forward Air on Monday updated its first-quarter expectations for a second time.
The air cargo industry could see revenues cut by billions of dollars and China-US air rates plunge by 30% or more when the Trump administration revokes duty-free treatment for small e-commerce shipments, according to one logistics expert’s scenario modeling.
DHL says it will pause accepting certain B2C shipments after U.S. authorities eliminated the informal entry process for shipments under $2,500, which has swamped the company’s ability to process formal entries.
Freight forwarders focused on the trans-Pacific are in pain.
Mack Trucks will eliminate up to 450 jobs at facilities in Pennsylvania and Maryland due to tariffs and economic uncertainty.
The State of Freight webinar focused on a market that is coming to terms with a raging trade war.
The U.S. Department of Transportation is partially funding an $8.8 million project promoting adoption of autonomous truck platooning technology in the Midwest.
Custom manufacturer Fictiv has been acquired by the Misumi Group in an all-cash deal.
Another broker liability case is now before a federal appeals court, increasing the chances the issue will go before the Supreme Court.
Congestion hurt volumes and revenue in CSX’s first quarter.
Even in the midst of a sharp drop in his company’s stock price and a freight market that is not supporting the bottom line at Triumph Financial, CEO Aaron Graft touted milestones reached and signaled a new aggressiveness in pricing the company’s products. In his quarterly letter to investors released in conjunction with the company’s […]
A family-owned and -operated Florida trucking company has announced it will close after 44 years in business.
Investment firm Stonepeak has acquired energy-focused transportation and logistics company Dupre Logistics.
Marten’s earnings showed a truckload carrier fighting a tough market with little sign of improvement.
Logistics warehouse operator Prologis reiterated its 2025 guidance on Wednesday but noted that uncertainty around a volatile trade landscape has customers delaying leasing decisions.
Despite processing over 3 million tasks with generative AI, C.H. Robinson’s stock continues to face pressure amid a sluggish freight market and investor caution.
Hong Kong is suspending postal service for packages destined for the United States as the trade war between China and the U.S. heats up.
The White House said imported goods from China to the U.S. could be hit with tariffs as high as 245%.
Parallel Systems says its autonomous electric railcars will begin testing on two Georgia railroads this month.
Logistics real estate investment trust Prologis beat first-quarter expectations and maintained its full-year 2025 outlook but noted “policy uncertainty is making customers more cautious.”
J.B. Hunt Transport Services said it’s remaining rate-disciplined on the intermodal front, allowing some business to walk as it works to improve yields and margins in the segment.
J.B. Hunt Transport Services’ first-quarter earnings result came in ahead of recently lowered forecasts.
A New Jersey woman faces years in prison after she pleaded guilty to stealing $4 million from her trucking company employer.
The Commerce Department plans to withdraw from a trade agreement that lets Mexico import tomatoes into the U.S. duty-free.
DSV on Tuesday said it had fulfilled the final closing conditions for its acquisition of German logistics provider Schenker.
Kodiak Robotics announced Monday it has entered into an agreement with Ares Acquisition Corp. II, a publicly traded special purpose acquisition company.
Gatik, a leader in autonomous middle-mile logistics, said Monday it has reached a milestone toward its development of driverless trucks at scale. The company announced the successful review of two major pillars of its safety assessment framework, with independent assessment from TÜV SÜD, a globally recognized testing and certification organization. This is a crucial step […]
Transair, a small all-cargo operator in Hawaii, is preparing to restart business after a serious accident in 2021 and a failed FAA attempt to pull its operating certificate.
The CEO of Truckstop said in an interview that fighting freight fraud is challenging given that nobody goes to jail over it.
General Motors is temporarily laying off hundreds of workers at plants in Detroit and Ingersoll, Ontario.
Third-party logistics provider FitzMark announced the acquisition of brokers High Point Logistics and Pentonix Freight.
The Port of Seattle is appealing a decision by the City Council to permit a housing development it says threatens trucking and port operations.
The National Transportation Safety Board has issued a preliminary report for its investigation into a deadly semitruck crash on Interstate 35 in Austin, Texas, last month.
Freight data from Cass Information Systems shows the industry closed the first quarter on a down note.
It was AI all the way at the Transportation Intermediaries Association conference as companies rolled out new solutions to aid the brokerage community.
President Donald Trump has exempted smartphones, chips and computers from tariffs, but some import taxes remain on Chinese imports.
A bipartisan bill in Congress would tackle the burgeoning problem of rail cargo theft.