US Postal Service loss widens to $3.1 billion as inflation bites
The U.S. Postal Service is on track to lose nearly $7 billion in the current fiscal year as inflation made it difficult to hold the line on costs in the third quarter.
The U.S. Postal Service is on track to lose nearly $7 billion in the current fiscal year as inflation made it difficult to hold the line on costs in the third quarter.
Second quarter earnings at RXO showed the growing importance of LTL activity at the brokerage.
RXO’s earnings showed little movement from a year ago or the first quarter but with some signs of improvement.
DHL has extended its long-term dedicated transport contract with Cargojet with two years left on the existing contract.
Quarterly earnings at the Transport & Logistics (T&L) segment of Trimble Inc. for the second quarter were the first for a full quarter since it closed the sale of its telematics division in February. But while that complex divestiture was impacting some of its financial numbers, the earnings report also gave Trimble (NASDAQ: TRMB) an […]
Trimac adds to its specialized and flat deck offerings with the acquisition of Searcy Trucking.
Dash cameras are great at capturing risky moments on the road, but the real power lies in what happens after the footage rolls. “A well-structured coaching workflow transforms dash cam events into meaningful behavior change, reducing risk and building a culture of safety,” says Tom Bray, senior industry business advisor at J. J. Keller & […]
Earnings at Uber Freight showed another negative EBITDA but at a lower level than recently.
GXO Logistics’ large committed revenue book along with a healthy pipeline of opportunities position it well for an upcoming change in executive leadership.
DHL said the U.S. crackdown on tariff-free trade for cheap overseas packages is impacting volumes and its bottom line.
GXO Logistics announced better-than-expected results for the second quarter and raised its full-year outlook on Tuesday.
An anemic freight recovery carried through July, according to a monthly query of supply chain managers.
Trucking regulator Sue Lawless is moving to the private sector to advise transportation clients on safety issues.
The settlement in the biometrics case involving Lytx has been signed off by a judge.
Pamt Corp. announced on Monday that its Chief Financial Officer Lance Stewart is taking over as president and CEO.
What’s going to happen to the Clean Truck Partnership is a battle that’s spilling out into the open.
A proposal to exempt hazardous materials trucks from mandatory stops at rail crossings draws safety concerns from railroads and unions.
Canada Post mail carriers turned down the company’s last contract offer, extending a 20–month labor dispute that has helped private couriers siphon package business from the postal operator.
Logistics warehouse operator Prologis noted tightening in key metrics during the second quarter.
Third-party logistics provider Kenco celebrated 75 years of business at its headquarters in Chattanooga, Tennessee.