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Cargill Revenue Down as Trader Struggles With Profit Targets

Cargill Inc. took a revenue hit of almost 10% in its most recent fiscal year, a decline that comes amid signs of profit struggles at the world’s biggest crop trader.

August 13, 2024

Norfolk Southern Investing $200M to Boost Alabama Capacity

Norfolk Southern will invest $200 million to grow capacity on a key Alabama rail line in a freight corridor for agriculture, automotive, chemicals, forestry and steel goods.

August 13, 2024

Peterbilt Showcases Electric Vehicles

SONOMA, Calif. — Peterbilt is working with its dealers and customers to deploy end-to-end solutions for electric vehicle applications and meet regulatory requirements.

August 13, 2024

Kroger and Albertsons Spend More Than $800M on Merger Fees

Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.

August 13, 2024

New Texas-Mexico Border Lanes Speed Up Commercial Traffic

U.S. CBP officers can now inspect more inbound trucks from Mexico at a border crossing into Texas since construction is complete on an $8 million project donated by the City of Pharr.

August 13, 2024

Class 8 Truck Sales End Nearly a Year of Declines

U.S. Class 8 retail sales ended 11 consecutive months of year-over-year declines with a small uptick in July, according to data from Wards Intelligence.

August 13, 2024

Interactive Map: Where the 2024 Top 100 Private Carriers Are in North America

Mouse over our interactive map to find out where the 2024 Top 100 Private Carriers are located by region in North America.

August 16, 2024

Going Private: Shippers Strengthening In-House Fleets

Even at a time when for-hire truck capacity is readily available at com­petitive rates, many shippers have continued to invest in their own private fleets.

August 16, 2024

Canadian Labor Board Leaves Door Open for Rail Strike

The ruling found that a work stoppage between the Teamsters and rail companies would not pose an immediate threat to public health and safety, meaning a strike could occur as soon as Aug. 22.

August 13, 2024