Fourth-quarter and full-year profit and revenue at Hub Group fell as lower revenue per load outweighed increased intermodal volume amid an ongoing weak freight market, the company said.
February 7, 2025Search
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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.
Bosch Launches Drive-by-Wire Brake System for Cars
STUTTGART, Germany — German component company Bosch is launching a new drive-by-wire braking system which could be coming to a car near you this year.
February 7, 2025Universal Logistics Reports 19% Gain in Q4 Revenue
Universal Logistics Holdings experienced a 19% year-over-year increase in revenue but a slight dip in net income for the fourth quarter of 2024, the company reported Feb. 6.
February 7, 2025ORBCOMM and Geotab are simplifying transportation asset management
The future of trucking is powered by data. ORBCOMM, a leader in dry trailer and container visibility technology, has joined forces with Geotab to deliver smarter, more accessible connected fleet management solutions.
February 10, 2025 Sponsored ContentScout Motors Can’t Sell Directly to Buyers in ºÚÁϳԹÏÍø State
BLYTHEWOOD, S.C. — Volkswagen-backed Scout Motors allows customers to buy the company’s EVs on an app, but that's not allowed in South Carolina.
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February 7, 2025Employers Added 143,000 Jobs in January
WASHINGTON — U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025.
February 7, 2025Trump Halts Program to Expand EV Charger Network
The Trump administration is suspending federal funding for electric car chargers, following through on one of the president’s first directives to roll back subsidies for plug-in vehicles.
February 7, 2025Nikola Considers Bankruptcy, Capping EV Maker’s Wild Ride
Nikola Corp. is working with a law firm and financial advisers to prepare a potential Chapter 11 filing, which would protect it from creditors amid a cash crunch.
February 7, 2025Amazon Posts Strong Q4 Earnings, but Stock Dips on Q1 Outlook
Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.
February 7, 2025Verifying Safety of Rear Impact Guards Can Be Complicated
When a jury issued a $462 million judgment against Wabash National Corp. last fall, many fleet maintenance managers were concerned.
February 7, 2025