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) ...
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 ...
Montgomery Transport LLC, a Birmingham-based trucking company, filed for Chapter 7 bankruptcy and ceased operations immediately, resulting in approximately 1,000 employees losing their jobs, including ...
See a mistake? Contact us. With two requests before the Supreme Court to have the nine justices take up the issue of broker liability, the Transportation Intermediaries Association has weighed in on ...
Early termination of commercial truck leases incurs significant fees including penalties, depreciation recovery charges, and potential loss of deposits. Before early termination, explore options like ...
Ceva Logistics experienced eight cargo thefts totaling over $18.3 million in the past year, primarily due to security breaches related to outsourcing to unvetted carriers and inadequate warehouse ...
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