RXO posts EPS gains, decline in revenue for Q4
Transportation firm RXO reports a 19.6% gross margin in the fourth quarter, with brokerage gross margins clocking in at 17.9%.
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.
TFI posted in-line fourth-quarter EPS. Revenue was down in a tough operating environment.
A maritime law judge has ruled that ocean carriers violate the Shipping Act when they limit container chassis choices for intermodal truckers.
Glenn Ellis was named the first American-born president and chairman of the Japan-based U.S. unit of Hino Trucks.
Daseke said Monday that supply constraints and cost inflation will again push flatbed rates to new highs in 2025.
Ongoing education — from short training to complete degree programs — is one of the best ways to keep employees from feeling stagnant. Companies that offer access to those opportunities will have an edge when recruiting and retaining today’s future-minded workers.
Former Celadon trucking officials have settled a fraud case with the Securities and Exchange Commission.
For more than 50 years, a familylike bond has existed between FedEx management and employees. After a round of job cuts unprecedented in scope, that bond rests on shaky ground.
Engine maker Cummins Inc. posted 2022 records in key financial metrics as it worked to integrate its Meritor acquisition.
This week in Borderlands: Xcell Logistics sees big opportunities with cross-border trade; BMW to invest around $800M in Mexico in EV push; sensor-maker announces new factory in Mexico, creating 700 jobs; and Careismatic Brands moves into major distribution hub in Dallas.
Class 8 truck orders in January fell year over year for the first time since August, lightening the 2023 backlog.
FedEx Freight on Friday announced the second round of temporary furloughs of drivers in past three months.
LTL carrier sees likely flat operating ratio in Q1 compared to Q4 of ’22.
Truckload carrier Heartland Express missed fourth-quarter expectations Friday.