Latest News Updates From Transport Topics

GovernmentFuel

Diesel Price Drops 3.7¢ to $3.536 a Gallon

Diesel prices across the U.S. averaged $3.536 per gallon, marking a 3.7-cent decline, according to U.S. Energy Information Administration data released Nov. 4.

November 4, 2024
BusinessLogisticsFor-HireTop 100

Werner Revenue and Profit Decline on Q3 Market Struggles

The Omaha, Neb.-based carrier’s Q3 net income fell 72% to $6.6 million, or 11 cents per share, compared with $23.7 million, 37 cents, a year ago.

October 30, 2024
BusinessLogisticsFor-HireTop 100

XPO Net Income Climbs 10% on Strong LTL Pricing in Q3

XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.

October 30, 2024
BusinessLogisticsFor-HireTop 100

Covenant's Q3 Net Income and Revenue Take Slight Dips

The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.

October 29, 2024
GovernmentFuel

Diesel Price Nudges Up 2¢ to $3.573 a Gallon

The U.S. average diesel price edged up 2 cents, reaching $3.573 per gallon, according to U.S. Energy Information Administration data released Oct. 28.

October 28, 2024
BusinessEquipment

United Rentals Hits Q3 Revenue High, Faces Margin Pressure

United Rentals Inc. set a quarterly revenue record in Q3 on surging demand in its specialty rentals segment, but the company faced margin pressure on bottom-line results.

October 28, 2024
BusinessLogistics

Total Distribution Buys REO Processing & REO Logistics

Third-party logistics specialist Total Distribution Inc. is adding 10 facilities across West Virginia and Georgia through the acquisition of REO Processing & REO Logistics, it said in a release.

October 28, 2024
BusinessTechnology

Daimler Truck, Volvo Teaming Up on New Truck OS Platform

The venture aims to develop a centralized operating system that could accelerate industry innovation by separating software from hardware development cycles.

October 28, 2024
GovernmentFuel

Diesel Price Drops 7.8¢ to $3.553

The national average diesel price fell 7.8 cents to $3.553 per gallon, according to U.S. Energy Information Administration data released Oct. 21.

October 21, 2024
BusinessFuel

Diesel Rises for Fourth Straight Week With 4.7-Cent Gain

The national average diesel price increased 4.7 cents to $3.631 per gallon, according to U.S. Energy Information Administration data released Oct. 15. 

October 15, 2024