Quarterly revenue—at $3.47 billion—increased 16% annually an 41% compared to the first quarter of 2020, representing the fifth straight quarter XPO’s revenue has set a…
Posts published in “News, Logistics, 3PL, Transportation, Motor Freight,”
Yellow Corp., which controls 10 percent of the $46 billion less-than-truckload (LTL) market, has begun a proposed change of operations that CEO Darren Hawkins says…
The February SCI came in at -17.9, down from January’s -10.1, topping March 2021 as the “toughest month to date for shippers,” noted FTR. But…
The new funding includes: a $160 million Series E preferred equity round led by Baillie Gifford and funds and accounts advised by T. Rowe Price…
The report’s first quarter shipment index value—at 118.9—was down 2.2% compared to the fourth quarter and headed up 1.1% annually. As previously reported, for calendar…
The February TCI reading came in at 12.06, up from January’s 11.46, with FTR noting that the gain came amid what the firm called a…
With a $0.028-cent increase, this week’s national average came in at $5.101. This followed a $0.071-cent decline, to $5.073, for the week of April 11,…
Greenwich, Conn.-based freight transportation services provider XPO Logistics said today it is opening up two new less-than-truckload (LTL) terminals in the second quarter, which are…
The White House went into overdrive at an April 4 event to showcase President Joe Biden’s working-class roots as well as his administration’s progress in…
The January SCI, which is the most recent month for which data is available, came in at -10.1, down from December’s -6.9. The November SCI…
Company officials said that moving into Virginia gives Pyle the opportunity to offer direct trucking and warehousing services to key points along the Eastern Seaboard…
The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for February, matched February, at 115.3 (2015=100), which was slightly revised from an initial reading…
Coming in at $5.134 per gallon, the national average fell $0.116 cents below the all-time high set, for the week of March 14, at $5.250…
Darren Hawkins, CEO of Yellow Corp., which controls about 10% of the $50 billion LTL market, said recently he is “very pleased” with his company’s…
The national average, for the week of March 7, came in at $4.849 per gallon, a new high, according to EIA data, topping the previous…
Preliminary February North American Class 8 net truck orders saw declines, according to recent data respectively issued by freight transportation consultancy FTR and ACT Research,…
The national average, for the week of February 28, increased $0.049, to $4.104 per gallon, eclipsing the $4 per gallon marks for the third consecutive…
The national average, for the week of February 28, increased $0.049, to $4.104 per gallon, eclipsing the $4 per gallon marks for the third consecutive…
Yellow Corp., which controls 10% of the nation’s less-than-truckload (LTL) capacity as one of longest-operating trucking companies in America, is addressing the nation’s shortage of…
The last thing most Americans want imported from Canada is the noise, chaos and tension associated with a two-week trucker protest that occurred in Ottawa…