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BusinessLogisticsGlobal Freight

Supply Chain Woes Accelerate Reshoring, Nearshoring Trend

The impact of the COVID-19 pandemic followed by supply chain disruptions around the world has sparked a resurgence of companies bringing sourcing and manufacturing back to the United States or closer to U.S. shores.

November 4, 2022
BusinessLogisticsGlobal FreightTop 50

Top North American Seaports and Airports Realize Record Volumes

Seaports and airports across North America experienced record-breaking volume in 2021 amid growing consumer demand.

November 4, 2022
GovernmentBusinessFuelLogisticsGlobal FreightTop 50

A Clouded Outlook for Global Freight

Describing global supply chains as 鈥渧olatile鈥 for the last two years is an understatement. Glimmers of hope are emerging, but anxiety grows over whether freight volumes can maintain traction amid high inflation and economic uncertainty.

November 4, 2022
GovernmentBusinessTechnologyEquipmentTCA

Texas-Based Holt Truck Centers Pursues Electric Trucks Alongside Nikola

Last summer, Holt Truck Centers signed a deal to become the certified dealer of Phoenix-based Nikola Corp.鈥檚 trucks in Texas.

November 4, 2022
BusinessLogistics

RXO CEO Drew Wilkerson Stresses Tech Development for New Brokerage Company

RXO CEO Drew Wilkerson plans to grow his newly launched brokerage company while focusing on technology development to gain market share, he said Nov. 3.

November 4, 2022
GovernmentBusiness

Jobs Top Forecasts, Unemployment Up in Mixed Picture for Fed

U.S. businesses reported strong hiring and wage increases in October although the unemployment rate climbed, offering a mixed picture as Federal Reserve officials debate how long to extend their campaign to curb elevated inflation.

November 4, 2022
BusinessTechnologyEquipment

CVG Reports Modest Results in Third Quarter

Diversified commercial vehicle supplier Commercial Vehicle Group reported a decline in net income in the third quarter as revenue rose slightly.

November 4, 2022
Business

U.S. Xpress Reports Revenue Gain, Earnings Loss in Q3

U.S. Xpress Enterprises reported revenue growth, but earnings were dragged down for the third quarter because of segment results, the company reported Nov. 3.

November 4, 2022
BusinessTechnologyEquipmentSafety

Chinese EV Startup Monitors Drivers鈥 Vital Signs

A new Chinese electric vehicle startup, BeyonCa, is touting its ability to monitor drivers鈥 health for serious incidents like a heart attack to help stand out in an increasingly crowded market.

November 4, 2022
Top 50

Map: Where They Are

Get a continent-by-continent and country-by-country look at where the Top 50 Global Freight Companies are based.

November 4, 2022

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