Aifleet’s bold move: cutting its fleet size to survive in freight recession
Aifleet, the technollgy-driven startup, is implementing a big cutback.
Aifleet, the technollgy-driven startup, is implementing a big cutback.
The FAA has prohibited all MD-11 aircraft from flying after the deadly crash of a UPS MD-11 cargo jet this week.
UPS and FedEx have temporarily grounded all 57 MD-11 freighter aircraft in their fleets to conduct checks following the catastrophic accident involving one of the planes this week.
Universal Logistics Holdings reported a large headline net loss for the third quarter.
Specialized less-than-truckload carrier XGS has been acquired by LRT Group.
For the second time this year, Moody’s Investors Service has downgraded the debt rating of trailer manufacturer Wabash National. The latest move takes the company’s corporate family rating (CFR) to B2 from B1. Other changes implemented by Moody’s Wednesday were to take Wabash’s probability of default rating to B2-PD from B1-PD, and to cut its […]
Partnership will use PlusAI’s SuperDrive technology, NVIDIA Drive AGX Hyperion platform on a factory built International truck
How the RXO rate squeeze is sign of larger 3PL industry dynamics and affecting logistics operations,
Texas employers across manufacturing, food distribution, recycling and transportation recently announced lay offs of more than 920 workers.
Yellow Corp.’s breach-of-contract lawsuit against the International Brotherhood of Teamsters has been reinstated by a federal appeals court.
First look: Negative reaction to RXO’s earnings.
UPS is quickly getting back to work at its Worldport air parcel hub after a one-day suspension of cargo operations because of a major aircraft accident.
Management at Forward Air announced on Wednesday, in conjunction with its quarterly report, that a strategic review, which could include the sale of the company, remains ongoing.
GXO Logistics reported record third-quarter revenue and outlined a sharpened North America growth strategy.
U.S. Bank report shows shippers paid more to move less amid tariffs and economic slowdown, with regional divides deepening.
CEO Rob Painter said Trimble remains confident in its long-term targets heading into 2026 and 2027,
ArcBest flagged margin concerns heading into the seasonally weakest part of the year.
Amazon is working to improve driver safety, efficiency and job satisfaction with more investments in high-tech driver academies, AI-powered tools and higher pay rates.
Expeditors stock is on a roll after earnings that beat expectations.
AI Answers builds upon Motive’s analytics platform launched earlier this year, as technology providers focus on features like conversational queries rather than complex data analysis.