XPO Logistics Inc. announced Jan. 15 that its board of directors has authorized the possible sale or spinoff of one or more of its business units.
January 15, 2020Breaking News
XPO Logistics to Explore Sale of Business Segments
Class 8 Sales in December Slip, but Soar for Full-Year Period
U.S. Class 8 retail sales in December dropped 11.4% compared with a year earlier, but the full year posted the highest annual sales since 2006, WardsAuto .com reported.
January 13, 2020ATA’s Truck Tonnage Drops 2.1% Year-Over-Year in November
Truck tonnage fell 2.1% in November compared with year-ago levels, the first year-over-year decline since April 2017, according to American Trucking Associations’ For-Hire Truck Tonnage Index.
December 23, 2019November Class 8 Sales Skid to Lowest Point in Almost Two Years
U.S. Class 8 retail sales in November fell 12.9% year-over-year, landing at the lowest point in almost two years, WardsAuto .com reported.
December 11, 2019Celadon Files for Bankruptcy, Shuts Down
Celadon Group Inc. is filing for bankruptcy and shutting down immediately amid falling freight rates and the effects of penalties levied by the U.S. Department of Justice for settlement of securities fraud charges brought against prior management.
December 9, 2019Truck Tonnage Rises 1.7% in October
Truck tonnage on a seasonally adjusted basis rose 1.7% in October compared with year-ago levels, according to American Trucking Associations’ For-Hire Truck Tonnage Index.
November 19, 2019FMCSA Administrator Ray Martinez to Leave Post
Federal Motor Carrier Safety Administrator Ray Martinez will be leaving his position at the end of October.
October 10, 2019T. Boone Pickens Dies at Age 91
OKLAHOMA CITY — T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Sept. 11. He was 91.
September 11, 2019Grand Jury Indicts Anthony Levandowski for Trade Secret Thefts
Autonomous technology pioneer Anthony Levandowski was indicted by a federal grand jury on charges that he stole trade secrets from Google that he later used on other projects, including the Otto self-driving truck.
August 27, 2019FedEx Freight's Scott Woodrome Repeats as NTDC Grand Champion
PITTSBURGH — For the first time in 20 years, a driver has won top honors at the National Truck Driving Championships two years in a row.
August 17, 2019Follow Us
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