Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.
August 10, 2023Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Trucking Industry Reports Predictably Weak Q2
The trucking industry reported a weak second quarter with freight volumes and destocking efforts putting downward pressure on demand.
August 10, 2023UPS Lost More Business Than Expected on Strike Threat
Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.
August 8, 2023XPO Reports Q2 Income, Revenue Decline
XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.
August 4, 2023Yellow Closure Reshuffles LTL Sector
Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.
August 3, 2023Schneider Sees Drop in Q2 Earnings
Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.
August 3, 2023Schneider Acquires M&M Transport
Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.
August 3, 2023TFI 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, 2023UPS-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, 2023Saia 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