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Lordstown, Foxconn Delay Ohio Factory Sale Deadline

Lordstown Motors Corp. agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd., known as Foxconn, dragging out the closure of the vital partnership and offering no guarantee that it will get done.

May 2, 2022

Synergy Freight Solutions Merges With Knichel Logistics

Synergy Freight Solutions merged with Knichel Logistics Inc. to become Knichel Logistics–Detroit Branch, the companies announced April 25.

May 2, 2022

Lordstown, Foxconn Delay Factory Sale Deadline to Mid-May

Lordstown Motors Corp. agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd., known as Foxconn, dragging out the closure of the vital partnership and offering no guarantee that it will get done.

April 29, 2022

Despite Gains, Challenges Remain for Adoption of Alt-Fuel Trucks

Record-high diesel fuel prices are creating some painful sticker shock moments at the pump for truck lines and shippers. Yet, those rising costs aren’t necessarily driving a dramatic uptick in adoption of alternative-fueled vehicles in the Class 8 heavy-truck sector.

April 29, 2022

FedEx Colleagues Share $2 Million North Carolina Lottery Prize

A group of North Carolina FedEx Freight employees who work in Hope Mills are sharing a $2 million prize after buying a winning Powerball ticket in Fayetteville.

April 29, 2022

Mexico to Route Rail Line Through New Mexico, Not Texas

Texas Gov. Greg Abbott’s border crackdown is generating fresh backlash, with Mexico’s economy minister announcing that a new rail line to the U.S. would now go via New Mexico instead of the Lone Star State.

April 29, 2022

Allison Reports Best Quarterly Revenue Since 2019 in Q1

Allison Transmission Holdings Inc. reported gains in first-quarter net income while revenue rose 15% to post its strongest revenue quarter since 2019.

April 29, 2022

USA Truck Reports Earnings, Revenue Growth for Q1

USA Truck posted increased year-over-year profits and revenue during the first quarter, the company reported April 28.

April 29, 2022

ArcBest Reports $1.3 Billion Revenue for Q1

ArcBest Corp. saw a surge in profits and revenue in the first quarter of 2022, the company reported April 29.

April 29, 2022

TFI International Posts Large Profit, Revenue Gains

TFI International more than doubled its first-quarter profit as it capitalized on solid freight demand and the integration of the UPS Freight operations it acquired last year.

April 29, 2022