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Gas Prices See Record Lows Just in Time for Holiday Weekend

National gasoline prices are hovering at an all-time low for the year at $2.26 per gallon — the lowest they’ve been since February, according to auto club AAA.

June 27, 2017

Amazon Robots Poised to Revamp How Whole Foods Runs Warehouses

When Amazon.com’s $13.7 billion bid to buy Whole Foods was announced, John Mackey, the grocer’s CEO, addressed employees, gushing about Amazon’s technological innovation.

June 26, 2017

FedEx to Open Distribution Center in Ohio

FedEx Corp. will open a new distribution center outside South Dayton, Ohio, in a couple of weeks, a company spokesman confirmed with Transport Topics.

June 24, 2017

FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground

FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.

June 26, 2017

May Tonnage Gains 4.8%, Reversing Downward Trend

Truck tonnage rose 4.8% in May compared with one year ago, the largest year-over-year gain since November 2016, according to the monthly American Trucking Associations index, suggesting that the freight market has tightened in recent weeks.

June 26, 2017

Jack Cooper Plans to Reorganize Debt; Auto Hauler Hopes to Avoid Chapter 11

Leaders of Jack Cooper Holdings Corp., North America’s largest auto hauler, are approaching completion of intense negotiations to reorganize a major portion of the company’s debt.

June 26, 2017