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TFI’s Decision to Relocate to US Sparks Controversy

Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.

February 20, 2025
BusinessLogisticsFor-Hire

TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease

The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.

February 20, 2025
BusinessTechnologySafetyLogisticsAutonomousFor-HireTop 100

Autonomous Trucking Approaches Inflection Point

LAS VEGAS — After many years of development work, autonomous trucks are now on the cusp of commercial driverless operations on highways, in logistics yards and on private sites.

February 20, 2025
BusinessEquipmentFor-HireTop 100

Proficient Q4 Revenue Slumps 15.9% on Weaker Margins

Proficient — the No. 4-ranked auto transporter — expects industry dynamics to improve in 2025, including through a reduction in carrier capacity due to the travails of Jack Cooper Holdings.

February 14, 2025
BusinessEquipmentLogisticsFor-HireTop 100

Auto Hauler Jack Cooper Shuts Down After Losing Ford, GM

The dominoes started to topple when automaker Ford decided in January to end its relationship with Jack Cooper, bringing the curtain down on an approximately 40-year relationship.

February 14, 2025
BusinessFor-Hire

Mullen Group Posts 0.1% Revenue Gain

Mullen Group experienced a slight increase in revenue year over year but a dip in earnings during the fourth quarter of 2024, the company reported Feb. 13.

February 13, 2025
BusinessEquipmentLogisticsFor-HireTop 100

Knight-Swift, A. Duie Pyle, TFI Buy Ex-Yellow Terminals

The three carriers bought a total of seven former Yellow terminals in private deals from the bankrupt LTL carrier’s administrators as each sought to bolster its LTL operations.

February 13, 2025
BusinessTechnologyLogisticsFor-HireTop 100

Ryder Reports Growth From Strong Operations During Q4

“We are pleased to report that this quarter is the first quarter in the last eight with year-over-year comparable earnings growth," CEO Robert Sanchez said during a call with investors.

February 12, 2025
BusinessLogisticsFor-HireTop 100

Heartland Express Targets Major Operating Ratio Improvement

The Iowa-based company posted a loss in the fourth quarter of 2024 as the ongoing integration of two acquisitions alongside the industrywide freight recession weighed heavily on its OR.

February 10, 2025
BusinessLogisticsFor-Hire

Werner Posts Q4 Declines in Profit, Revenue

Werner Enterprises reported year-over-year income and revenue declines during the fourth quarter of 2024.

February 7, 2025