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Marten Transport Posts Mixed Financials for Q1

Marten Transport’s earnings declined despite increased revenue during the first quarter, the company reported April 18.

April 19, 2023

Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

April 18, 2023

NFI Ramps Up Battery-Electric Truck Deployment in California

NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.

April 18, 2023

Truck Tonnage Falls 5% in March

Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.

April 18, 2023

J.B. Hunt Posts Lower Earnings, Revenue in Q1

J.B. Hunt Transport Services President Shelley Simpson noted the trucking industry has entered a freight recession while discussing first-quarter results April 17.

April 18, 2023

CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

April 18, 2023

UPS, Teamsters Poised for Massive Contract Talks

High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.

April 14, 2023

Boeing’s Parts Issue Stifles 737 Max Deliveries

Boeing Co. is pausing deliveries of some 737 Max jets to address a production issue on the rear end of some aircraft.

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April 14, 2023

Port of L.A.’s Seroka: No Contingency Plans for Strike

Port of Los Angeles Executive Director Gene Seroka said April 12 that there are no contingency plans if labor negotiations turn into a work stoppage or strike.

April 13, 2023