XPO’s shares surge on solid Q3, favorable outlook
Less-than-truckload carrier XPO beat third-quarter expectations and outlined a plan for outsize yield and margin growth.
Less-than-truckload carrier XPO beat third-quarter expectations and outlined a plan for outsize yield and margin growth.
In the quest for sustainability, the transportation sector stands as one of the most significant arenas for change.
A federally authorized study on driver retention finds turnover results from trucking companies’ economically driven policies.
XPO beats third-quarter expectations, reporting 200 basis points of margin improvement in its less-than-truckload unit.
Safety and cost implications for trucking weigh heavily on three rulemakings that could see action next year.
Truckload carrier Heartland Express reported another loss in the third quarter and said cost cutting alone won’t return it to profitability.
Werner CEO Derek Leathers delivered a surprisingly positive outlook for the trucking market.
Truck broker Landstar System said Tuesday it expects no material lift in the freight market for the remainder of 2024.
Werner Enterprises’ third-quarter operating ratio deteriorated by 320 basis points.
International container volume gains more than doubled domestic traffic in the third quarter, according to the Intermodal Association of North America.
Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed and issued fourth-quarter guidance that was also light of consensus.
Moran Transportation announced it has acquired fellow less-than-truckload transportation provider RMX Freight Systems.
A federal bankruptcy judge overseeing Yellow Corp.’s liquidation has corrected a mistake in an earlier opinion, which could significantly alter how much Yellow owes to pension funds.
Interstate traffic in North Carolina and Tennessee is still dealing with the fallout from Hurricane Helene.
Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.
This week in Borderlands: Truck driver salaries in Mexico averaging $423 a month in 2024; Horizon Auto Logistics opens office in Veracruz, Mexico; LG Electronics opens $60M plant in Central Mexico; and Texas bridge project receives $80 million in federal funding.
Fleet managers are turning to new AI-driven Drowsiness Detection technology, which shows that 77% of drowsy driving events are detected by behaviors other than yawning alone.
The organization’s new admitted trucking program is representative of TIE’s dedication to bringing more capacity to the underserved trucking insurance landscape.
Universal Logistics Holdings officials said they expect operating revenues of $1.8 billion to $1.9 billion in 2025.
Less-than-truckload carrier Saia saw a modest backup in financial results during the third quarter but reasserted confidence that it’s on the right path with its terminal growth strategy.