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Union Pacific Profit Tops Reduced Estimates

Union Pacific Corp. reported profit that topped analysts’ estimates, which had been adjusted down in the last month, as the railroad leaned on efficiency to make up for lower carloads and higher labor costs.

October 19, 2023

Convoy Shuts Down After Failing to Find Buyer

Digital freight network Convoy Inc. was forced to shut its doors after no viable options to continue operations emerged, CEO Dan Lewis said in an Oct. 19 memo to employees.

October 19, 2023

Tesla Sets Nov. 30 for Cybertruck Delivery

Tesla Inc. is sticking with its full-year production forecast and promising its new Cybertruck by Nov. 30, even as it reported worse-than-expected earnings last quarter.

October 18, 2023

Ford Says Strict Fuel Rules Will Cost It $1 Billion in Fines

Ford Motor Co. says it would face $1 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules that target SUV and truck manufacturers.

October 18, 2023

Buttigieg Promotes Grants to Boost Miami Port’s Supply Chain

Transportation Secretary Pete Buttigieg underscored at the Port of Miami how two federal infrastructure grants will strengthen the supply chain with better cargo gate access for trucks.

October 18, 2023

Best Trucking Software 2025

For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.

February 11, 2025

Medium-Duty Truck Sales Increase 7.7% in September

Retail sales of medium-duty trucks rose 7.7% in September compared with the year earlier period, according to data from Wards Intelligence.

October 18, 2023

Yellow Aims to Appoint Auction Houses for Rolling Stock Sale

The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.

October 18, 2023

Amazon Tests Humanoid Robot in Warehouse Automation Push

Amazon.com Inc. says it’s testing two new technologies to increase automation in its warehouses, including a trial of a humanoid robot.

October 18, 2023