The return of President-elect Donald Trump to the White House is being welcomed by key freight stakeholders seeking improvements across the commercial transportation sector.
November 7, 2024Search
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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.
RXO Reports Revenue Increase to Just More Than $1B for Q3
RXO posted an increase in third-quarter revenue despite a persistently soft market environment by focusing on its customer relationships, the company reported Nov. 7.
November 7, 2024Biden Rushing Study That Threatens to Slow Trump’s LNG Plans
The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas export terminals.
November 7, 2024Landstar Q3 Profits, Revenue Slide in 'Challenging' Quarter
Profit and revenue at Landstar System Inc. fell year over year in the third quarter on the back of ongoing weakness in the truckload market.
November 7, 2024Intermodal Load Growth Cushions Hub Group Q3 Profit Decline
Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.
November 7, 2024Nippon Steel Confident It Can Finalize Acquisition This Year
Nippon Steel Corp. said it still expects its $14.1 billion acquisition of United States Steel Corp. to complete by the end of the year.
November 7, 2024Class 8 Truck Orders Decline 5% in October
Preliminary data showed orders declined 5.2% to 30,600 units, marking the fifth month in 2024 where orders fell on an annual basis.
November 7, 2024Nissan Cuts 9,000 Jobs as Its Vehicles Fail to Sell
TOKYO — Nissan reported Nov. 7 a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs.
November 7, 2024Stellantis Lays Off 1,100 More Workers at Ohio Jeep Factory
Stellantis said it would lay off about 1,100 workers at its Jeep plant in Toledo, Ohio, the latest in a series of job cuts as the automaker contends with bloated inventory and declining sales.
November 7, 2024Norfolk Southern’s One-Minute Inspection Rule Sparks Concern
Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this week they should spend no more than a minute looking at each car.Â
November 7, 2024