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Less-than-truckload carrier XPO handily beat first-quarter expectations Friday ahead of the market open. XPO (NYSE: XPO) reported adjusted earnings per share of 81 cents for the 2024 first quarter, 14…
WASHINGTON — House lawmakers have approved legislation directing the U.S. Postal Service to set new rules for keeping track of crashes involving its trucking contractors, including penalties against…
Another decline in the benchmark retail price of diesel used for most fuel surcharges is the most outward sign of a market that is sagging in several places. The Department of Energy/Energy…
A Florida-based auto hauler, Proficient Auto Transport, is the lead company in the process of rolling up several other auto haulers with plans to take itself public in an initial public offering. In a…
The freight winter that sent Surge into bankruptcy and shut down Convoy isn’t over yet, even if the bottom is likely in. Tender rejection rates are hovering around 4%, indicating that capacity is…
J.B. Hunt Transport Services missed first-quarter expectations Tuesday, reporting earnings per share of $1.22 compared to the consensus estimate of $1.50. A higher tax rate was a 7-cent headwind in…
Knight-Swift Transportation cut earnings expectations by 58% for the first half of the year on Wednesday, citing an oversupplied truck market, poor weather in January and a tough start to bid season…
J.B. Hunt Transport Services said it would stay the course, increasing intermodal capacity ahead of demand to avoid the service failures the industry experienced during the pandemic. That means…
Chart of the Week: Reefer Tender Reject Index, Reefer Truckload Index – USA SONAR: ROTRI.USA, RTI.USA The refrigerated (reefer) truckload market has settled after showing signs of destabilizing in…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Samsara opens new office to focus on expanding cross-border trade…
