Latest News Updates From Connor D. Wolf

Connor D. Wolf

Connor D. Wolf

Staff Reporter

Connor Wolf is a business reporter at Transport Topics.


BusinessTechnologyLogistics

Ryder Expands Last-Mile Delivery Network With Boise Hub

Ryder System Inc. opened a facility in Caldwell, Idaho, as part of a strategic expansion of its last-mile network, the company announced May 17.

May 17, 2022
GovernmentBusinessFuel

Region Results Mixed, Leading to 1¢ Diesel Drop Nationwide

The national average price of diesel dipped after a two-week surge, dropping 1 cent to $5.613 a gallon, the Energy Information Administration reported May 16.

May 16, 2022
BusinessLogistics

Ryder Gets $4.4 Billion Takeover Offer From HG Vora

Ryder System Inc. on May 13 confirmed receipt of a $4.4 billion offer to be acquired by HG Vora Capital Management, a proposal that Wall Street analysts said reflects the high value the potential buyer sees in the leasing company’s business.

May 13, 2022
BusinessLogisticsFor-Hire

Trucking Continues to See Robust M&A Market

Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.

May 12, 2022
BusinessLogistics

XPO Reports Record $3.47 Billion in Revenue for Q1

XPO Logistics Inc. reported its highest revenue of any quarter in its history May 9 for the first quarter of 2022.

May 9, 2022
GovernmentFuel

Diesel Rises 11.4¢, Sets New Record at $5.623 a Gallon

The national average price of diesel posted its second double-digit increase in as many weeks, rising 11.4 cents to $5.623 a gallon and a new all-time high, according to Energy Information Administration data released May 9.

May 9, 2022
BusinessLogisticsFor-Hire

U.S. Xpress Reports Earnings Loss Despite Revenue Gains

U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.

May 9, 2022
BusinessLogistics

Universal Reports Higher Results in Historic Q1 for Company

Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.

May 6, 2022
GovernmentBusinessLogisticsFor-Hire

China’s Port Lockdowns Threaten Domestic Trucking

China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.

May 5, 2022
BusinessLogistics

GXO Reports Higher Earnings, Revenue for Q1

GXO Logistics Inc. recorded higher net income and revenue in the first quarter, the company reported May 4.

May 5, 2022