XPO’s North American LTL segment, its core operation, increased revenue by 1.9% to $1.25 billion from $1.23 billion last year despite declines in shipment volumes.
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
PepsiCo to Close Four US Bottling Plants, Cut 400 Jobs
The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week. Sales, delivery and warehouse functions will continue at the other three locations.
October 30, 2024CISA Issues Global Cyber Plan to Protect US Infrastructure
CISA released an international plan outlining steps to work more with overseas stakeholders to better safeguard online interconnections with the U.S. supply chain.
October 30, 2024Biden Again Calls on Congress to Support Baltimore
President Joe Biden urged lawmakers to approve funds for rebuilding the Port of Baltimore area during Congress’ post-election work period.
October 30, 2024Map: Where They Are
Get a continent-by-continent and country-by-country look at where the 2024 Top 50 Global Freight Companies are based.
November 1, 2024DSV Secures $5.4 Billion in Bonds for DB Schenker Deal
The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.
October 30, 2024VW Proposes 10% Pay Cut in Effort to Avoid Factory Closures
Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut and revised bonus system. The measures aim to strengthen the VW brand.
October 30, 2024Reduce Carbon Intensity
Chevron offers a complete suite of lower carbon intensity fuel solutions that allow you to customize the right approach for your business needs - offering a balanced approach to reaching lifecycle carbon emissions targets. Learn more.
November 4, 2024 Sponsored ContentOPEC+ Won’t Bring Back Oil Production This Year, Rystad Says
OPEC and its allies aren’t likely to bring oil output back this year because producers are “making huge money” from refined products, according to Rystad Energy.
October 30, 2024Trucking Stakeholders Tackle Biggest Cybersecurity Concerns
CLEVELAND — Trucking is dealing with an evolving cybersecurity environment that raised concerns among industry experts during a panel discussion Oct. 28.
October 30, 2024