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BusinessFor-Hire

TFI Eyes Merger for Truckload Operations as Part of Spinoff

TFI International’s truckload operations could be merged with a competitor to divide the Montreal-based company into two publicly traded entities, likely in 2025, its CEO said Feb. 9.

February 9, 2024
BusinessEquipment

Yokohama Unveils New Commercial Tire Sizes

Yokohama Tire Corp. is expanding the sizes of its 124R and 714R commercial tires, the company announced Feb. 5.

February 9, 2024
BusinessLogisticsFor-Hire

TFI Q4 Profits Fall 14.4% as Deals Dull Freight Market Toll

Profits at TFI International in the fourth quarter fell 14.4% compared with the same period a year earlier, as acquisitions softened the impact of a weak freight environment.

February 9, 2024
BusinessLogistics

Lineage Logistics Leads US IPOs Heading for Second Quarter

Lineage Logistics is leading a crop of private companies weighing initial public offerings in the U.S. as soon as the second quarter, according to people familiar with the matter.

February 9, 2024
GovernmentBusinessSafetyLogistics

Buttigieg, Shipping Stakeholders Discuss Red Sea Tensions

Transportation Secretary Pete Buttigieg held two private meetings with stakeholders to discuss shipping, regional navigation and supply chain issues in the Red Sea and Gulf of Aden.

February 9, 2024
BusinessTechnology

Tesla Rakes In Billions From Selling Regulatory Credits

Tesla continues to cash in on other carmakers needing help to meet emissions standards, keeping up a lucrative business the company thought would fade away: selling regulatory credits.

February 9, 2024
BusinessTechnology

Nikola Rejects Board Nominees From Founder Milton

Nikola Corp. rejected a slate of nominees for its board of directors proposed by an entity it said was controlled by founder Trevor Milton, arguing none were fit for the role.

February 9, 2024
BusinessTechnologyEquipmentFuel

Daimler Advances Longhaul Hydrogen Truck Prospects

Daimler Truck recently took another step toward commercializing its prototype longhaul liquid hydrogen-fueled trucks.

February 9, 2024
BusinessLogisticsGlobal FreightTCA

Port of Mobile to Build Container Facility in North Alabama

The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.

February 8, 2024
GovernmentBusinessTechnologySafety

Coalition Sues CARB Over Emission Report Mandates

California is being sued over its new emission laws mandating that companies there and out of state report their supply chain emissions and mitigation efforts.

February 8, 2024