First Look: Universal Logistics Holdings
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.
Covenant Logistics Group said economic uncertainties may push back freight market improvements.
Covenant Logistics Group’s first-quarter revenue declined 3% year over year to $269.4 million.
Nuvocargo has acquired South Carolina-based Merge Transportation, a 3PL offering transportation solutions across the U.S.
Tesla had revenue of $19.3 billion and earnings of 27 cents per share in the first quarter.
Daimler Truck North America is delivering its latest flagship on-highway trucks to the autonomous testing fleet of Torc Robotics, a subsidiary of Daimler Truck. The trucks are based on the recently unveiled fifth-generation Freightliner Cascadia.
Key strategies for combating fraud involve certificates of insurance for supply chain partners.
Citing tariffs and other factors, Volvo Trucks layoffs could total 1,000 manufacturing jobs across US
Capacity management and transaction AI are two ways that Parade is helping brokers streamline carrier sales and daily operations.
This week in Borderlands: Source Logistics eyes rising US demand for Hispanic brands; South Korean automotive supplier opens $160M facility in Mexico; Otay Mesa border crossing secures $150M federal grant; and CBP snags $14M in meth from tractor-trailer.
Mack Trucks will eliminate up to 450 jobs at facilities in Pennsylvania and Maryland due to tariffs and economic uncertainty.
Mexico tops Canada and China as the No. 1 U.S. trade partner during February with more than $68 billion in trade.
Q1 earnings season is upon us, with early results pointing to continued degradation in truckload carriers’ financial health. Wisconsin-based Marten Transport released its Q1 earnings on Wednesday, but with publicly traded companies timing is everything.
A family-owned and -operated Florida trucking company has announced it will close after 44 years in business.
With the technology and knowledge available today, there’s no excuse for not taking decisive action against distracted driving
The Commerce Department plans to withdraw from a trade agreement that lets Mexico import tomatoes into the U.S. duty-free.
Kodiak Robotics announced Monday it has entered into an agreement with Ares Acquisition Corp. II, a publicly traded special purpose acquisition company.
Arkansas Just Passed a Law That Will Hit Drivers for Not Speaking English — Here’s What You Need to Know If you have drivers running through Arkansas, pay attention: A new bill passed last week that’s going to fine truckers who can’t speak or read English “sufficiently.” HB1745 cleared the state House and Senate unanimously, […]
General Motors is temporarily laying off hundreds of workers at plants in Detroit and Ingersoll, Ontario.
This week in Borderlands: Mexico may face more Trump tariffs over Texas water dispute; $88M logistics center planned for Laredo, Texas; Unilever announces $800M factory in Monterrey, Mexico; Automotive supplier plans $4M expansion in Mexico.