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OMAHA, Neb. — Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.

The national average for a gallon of diesel fell by 5.1 cents the week ending Feb. 26, the largest drop this year, according to data released by the Energy Information Administration.

NASHVILLE, Tenn. — Matthew Duncan of Covenant Logistics was named the 2023 Transport Topics Recruiting Professional of the Year at Conversion Interactive Agency's annual event.

The Federal Trade Commission, eight states and Washington, D.C., sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on Feb. 26.

Ford Motor Co. has paused shipments of the 2024 F-150 Lightning pickup truck as part of a longer-than-expected quality check process.

The Port of Baltimore hit records for handling cargo last year, state officials said, showing a rebound from global supply chain difficulties and disruptions during the pandemic.

Investors have all but thrown in the towel on shares of EV startups Rivian Automotive and Lucid Group. 

Warnings from the oil tanker industry that too few of the ships are being built are haunting the market after Houthi attacks on shipping caused widespread diversions in petroleum trades.

Wisconsin and Indiana have passed reform legislation that targets lawsuit abuse against the trucking industry.

Flexport launched a new technology platform that offers global shippers access to a trucking capacity marketplace of small carriers and owner-operators, the company announced Feb. 22.