Holiday sales will decline by up to 50% from 2021 levels, but they will still be healthy despite macroeconomic concerns, according to the National Retail Federation (NRF).
Nikola Corp. is laying off 7% of its workforce and slowing electric production because making more increases the loss.
Transfix’s head of product talks about the company’s new contract structure at F3.
Convoy’s co-founder said he’s seeing an increasing number of smaller truck carriers parking their vehicles.
Werner Enterprises has built a model to perform on the downside of the cycle. Management believes the carrier may be better positioned to do so than in the past.
Less-than-truckload carrier Yellow Corp. navigates second year of volume declines amid network overhaul.
Supply chain technology provider Trimble Inc.’s transportation revenue dropped 10% in the third quarter.
Einride will be building electric vehicle charging stations to support Maersk’s deployment of its E-truck, starting with a facility near the Port of Los Angeles.
Harry Broadman said during a presentation at FreightWaves’ F3: Future of Freight Festival that technology can create jobs, just not the same type of jobs.
Heartland Express said recent fleet acquisitions will take three years to match the level of its legacy operations.
The deal announced Wednesday marks Ryder System’s second purchase of an e-fulfillment company in less than a year.
Mexican logistics systems are lagging and they need to be improved to capitalize on a great opportunity, Solvento CEO Jaime Tabachnik said at FreightWaves’ F3: Future of Freight Festival.
Transportation capacity grew during October at the fastest pace captured in the history of a 6-year-old data set.
TravelCenters of America Inc. announced Tuesday it topped $2.8 billion in revenue for the third quarter.
The unit’s “space and pace” program will bypass the class-rates formula in favor of pricing based on dimensions and weight.
Embark Trucks is expanding into several key markets to create a coast-to-coast autonomous trucking network of transfer locations.
XPO announced Tuesday that it has spun off brokerage unit RXO, which is now a separately traded company.
ArcBest beats expectations in a noisy third quarter. Tonnage declines and cost inflation during the fourth quarter will put the model to the test.
A connected ecosystem supported by multiple stakeholders is the best answer to the fragmentation that drives up costs and hurts service, according to J.B. Hunt’s Spencer Frazier.
Uber Freight’s EBITDA was barely positive in the third quarter on a decline in revenue.
