Connor Wolf is a business reporter at Transport Topics.
Connor Wolf is a business reporter at Transport Topics. Before Transport Topics, Connor worked for LifeZette, and prior to that wrote for Inside Sources and the Daily Caller. He has covered economic and labor beats through the lens of how policy decisions affect business. He also has written about the business implications of poor infrastructure, and the potential implications of automated technology for the labor market.
Ryder System Inc. on May 13 confirmed receipt of a $4.4 billion offer to be acquired by HG Vora Capital Management, a proposal that Wall Street analysts said reflects the high value the potential buyer sees in the leasing company’s business.
May 13, 2022
Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.
May 12, 2022
XPO Logistics Inc. reported its highest revenue of any quarter in its history May 9 for the first quarter of 2022.
May 9, 2022
The national average price of diesel posted its second double-digit increase in as many weeks, rising 11.4 cents to $5.623 a gallon and a new all-time high, according to Energy Information Administration data released May 9.
May 9, 2022
U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
May 9, 2022
Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.
May 6, 2022
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
May 5, 2022
GXO Logistics Inc. recorded higher net income and revenue in the first quarter, the company reported May 4.
May 5, 2022
Werner Enterprises posted net income of $53.7 million, or 82 cents a diluted share, for the first quarter, compared with $46.5 million, 68 cents, during the same time the previous year, the company reported May 3.
May 4, 2022
Daseke Inc. experienced a 26% increase in revenue year-over-year for the first quarter, the company reported May 3.
May 3, 2022