Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.
March 6, 2025Search
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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, 2025Autonomous 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, 2025Postmaster 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, 2025Auto 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, 2025Knight-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, 2025Ryder 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, 2025Cemex 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, 2025Heartland 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, 2025Hub 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