The Taylor Swift $100,000 driver bonus (Image: Craig Fuller via X, formerly Twitter) Media outlet TMZ reported that singer-songwriter Taylor Swift gave each truck driver who worked as part of her Eras Tour a bonus check of!-->…
GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.
Asset-light transportation provider Forward Air missed second-quarter earnings expectations and its guidance for the third quarter was worse than expected. Management admitted on a Wednesday call with analysts it needs to!-->…
DUBAI, United Arab Emirates — Saudi Arabia said Aug. 3 it will extend its production cut of 1 million barrels of oil a day through the end of September in its effort to boost energy prices.
While hiring drivers is a continuous pain point for the trucking industry, keeping those drivers is arguably more important and even more difficult to accomplish. As carriers seek ways to reduce turnover, rewards programs!-->…
Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.
Profits at Cummins Inc. rose to $720 million in the second quarter of 2023 from $702 million in the year-ago period on the back of a jump in sales, including at newly acquired Meritor.
By Joseph Basile, President, Catania Oils I’ve sat in enough company division meetings to recognize that customer relationships have dramatically shifted from the pre-COVID days. Gone are the meetings, lunches, and extended!-->…
BMW AG is stepping up spending on its electric car rollout after the luxury carmaker’s battery-vehicle deliveries more than doubled during the first half of the year.
Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean freight costs that helped ease the sting of goods inflation is over.
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