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TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes

Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.

August 2, 2023

UPS-Teamsters Contract Takes Step Forward

Local union leaders voted in favor of a tentative labor agreement that UPS and the Teamsters reached July 25, an important step toward finalizing a deal that covers about 340,000 workers.

August 1, 2023

Saia Reports Lower Q2 Profit, Revenue

Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.

July 31, 2023

Georgia Distribution Center to Team NFI, Bradshaw ºÚÁϳԹÏÍø

Georgia officials announced plans to open a new East Coast distribution center in Effingham County to bring  Bradshaw ºÚÁϳԹÏ꿉۪s products to customers faster through a partnership with NFI.

July 31, 2023

Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year

Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.

July 31, 2023

ArcBest Q2 Profit More Than Halves on Weak Demand

ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28. 

July 31, 2023

Yellow Ceases Operations

Less-than-truckload company Yellow shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals.

July 30, 2023

Yellow Puts Logistics Division Up for Sale

Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.

July 28, 2023

Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge

Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.

July 27, 2023

Landstar Records Q2 Earnings Drop but Beats Expectations

Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.

July 27, 2023