Convoy, the Seattle-based freight startup that shut down last week, is being sold, according to a former Convoy employee familiar with the deal.
October 25, 2023Search
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CN Railway Misses Estimates as Consumer Goods Shipments Drop
Canadian National Railway Co. spelled out a challenging picture for the economy as earnings fell short of expectations in the third quarter, partly due to falling demand for consumer goods.
October 24, 2023TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market
TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.
October 24, 2023Federal Grant to Improve Access at Indiana Agribusiness Park
Secretary of Commerce Gina Raimondo announced a $1.75 million grant to a rural Indiana county to provide better access for heavy trucks at an agricultural business park.
October 24, 2023Ryder to Buy Impact Fulfillment Services
Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.
October 24, 2023Walmart Chooses Georgia Site for Dairy Facility
Georgia Gov. Brian Kemp announced that Walmart Inc. will invest $350 million to open a new dairy facility along the Interstate 75 freight corridor. Operations are expected to begin in 2025.
October 24, 2023Tonnage Dips 4.1% in September
Truck tonnage slumped 4.1% in September compared with year-ago levels, the steepest annual drop in nearly three years and an indication that the U.S. freight market remains turbulent.
October 24, 2023Crews Clear Wreckage on Highway Near New Orleans
NEW ORLEANS — Crews worked into Tuesday morning clearing the wreckage of more than 150 vehicles involved in a series of crashes the day before on Interstate 55 near New Orleans.
October 24, 2023ATA Chairman Boyle Views Selection as Opportunity to Serve
Andrew Boyle, co-president of , knows the commitment that comes with being named chairman of . But he views it as an opportunity to serve.
October 19, 2023At Least 7 Dead in Massive Louisiana Pileups Due to ‘Superfog’
NEW ORLEANS — At least seven people were killed after a “superfog” of smoke from south Louisiana marsh fires and dense fog caused multiple massive car crashes Oct. 23 involving 158 vehicles.
October 23, 2023