J.B. Hunt's Q4 earnings per share fell short of expectations primarily due to significantly increased insurance costs, totaling a 43-cent headwind. Intermodal volumes showed positive growth, up 6.5% ...
WiseTech is under investigation by Australian authorities (ASIC and Federal Police) for possible insider trading involving executive chairman Richard Wise related to company stock trading in late 2024 ...
VIB Trans, an Illinois-based trucking carrier, filed for Chapter 11 bankruptcy due to the "Great Freight Recession," marking the longest downturn in trucking history. This highlights a severe industry ...
Aurora has surpassed 100,000 driverless miles on public roads, expanding its Texas freight lanes to include El Paso and continuing validation in challenging weather conditions. The company is ...
Over 7,000 commercial truck drivers have been placed out of service by October 2025 for failing federal English Language Proficiency (ELP) standards, a sharp increase attributed to heightened ...
Amazon is making substantial new investments, including over $4 billion, to significantly expand its U.S. rural delivery network, speed up fulfillment, and grow its Delivery Service Partner (DSP) ...
Pamt Corp., formerly Pam Transportation Services, reported a net loss of $5.6 million, or 27 cents per share, in the third quarter, compared to earnings of 11 cents per share in the same period last ...
The freight industry is currently experiencing a severe downturn characterized by weak volumes and financial challenges for carriers and brokers. A significant "capacity purge" is anticipated, ...
Scout Freight, a new logistics brokerage founded by industry veterans, aims for a nimble, less bureaucratic, and people-first culture in Freight Alley, leveraging extensive experience from large ...
M&M Quality Solutions has launched an 18,757-sq.-ft. underground cold storage facility in Kansas City's SubTropolis, leveraging a naturally climate-controlled and energy-efficient environment. This ...
Port Houston completed its share of the $1 billion Houston Ship Channel Expansion (Project 11), widening the channel to 700 feet to enhance safety, reduce vessel emissions, and improve regional ...
Motive, an AI-powered integration and technology platform, continues its global expansion, choosing Austin, Texas, as the next location for its newest office. This comes as the company is expanding ...
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