Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.
August 3, 2023Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Schneider Acquires M&M Transport
Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.
August 3, 2023TFI 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, 2023Nikola Begins Production of Hydrogen Fuel Cell Class 8 Truck
Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.
August 2, 2023Yellow Reportedly Working on Loan From Apollo
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.
August 1, 2023UPS-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, 2023Saia 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, 2023Georgia 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, 2023Old 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, 2023ArcBest 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.Â
July 31, 2023