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TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes

Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.

August 2, 2023

Taylor Swift Reportedly Gives Tour Truckers $100,000 Bonuses

Taylor Swift has reportedly given $100,000 bonuses to the truck drivers who have been transporting her concert equipment across the country during her epic Eras tour.

August 2, 2023

UPS-Teamsters Contract Takes Step Forward

Local union leaders voted in favor of a tentative labor agreement that UPS and the Teamsters reached July 25, an important step toward finalizing a deal that covers about 340,000 workers.

August 1, 2023

Construction Costs Soar on Alaska Freight Route

Inflation is blamed for sending project completion costs soaring 68% since 2021 to today’s $840 million to complete a freight route for bringing goods into Alaska from the port in Anchorage.

August 1, 2023

Saia Reports Lower Q2 Profit, Revenue

Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.

July 31, 2023

Georgia Distribution Center to Team NFI, Bradshaw °®¶ą´«Ă˝

Georgia officials announced plans to open a new East Coast distribution center in Effingham County to bring  Bradshaw °®¶ą´«Ă˝â€™s products to customers faster through a partnership with NFI.

July 31, 2023

Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year

Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.

July 31, 2023

ArcBest Q2 Profit More Than Halves on Weak Demand

ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28. 

July 31, 2023

Amazon to Double Number of Same-Day Delivery Facilities

Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.

July 31, 2023