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TFI Abandons Move to US After Shareholder Backlash

TFI International reversed its decision to move its legal headquarters to the U.S., saying it was backing down after shareholders expressed opposition to the idea.

February 25, 2025

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

Postmaster General Louis DeJoy Plans Exit

Postmaster General Louis DeJoy asked the board overseeing the U.S. Postal Service to begin the succession process, paving the way for his departure after a turbulent run of almost five years.

February 18, 2025

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

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

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

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

Cemex CEO Fernando González to Step Down After 30 Years

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

February 10, 2025

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

Hub Group Q4 Profit Falls Despite Intermodal Volume Growth

Fourth-quarter and full-year profit and revenue at Hub Group fell as lower revenue per load outweighed increased intermodal volume amid an ongoing weak freight market, the company said.

February 7, 2025