News
Illinois carrier lays off most of its company drivers
An Illinois trucking company recently notified most of its company drivers that it could “no longer support part of its fleet operations” and terminated their positions “due to current market conditions.” Former company…
First look: LTL operating income falls at TFI International
A preliminary look at third-quarter earnings at TFI International: Less-than-Truckload operating income at TFI International (NYSE: TFII) was $96 million in the third quarter compared to $125.6 million in the corresponding…
F3: Future of Freight Festival revs up for November
This year’s F3: Future of Freight Festival will pull into the heart of Freight Alley in Chattanooga, Tennessee, Nov. 19-21. The largest festival in freight will bring together over 1,500 industry leaders to share insights,…
Benchmark diesel price reverses course in biggest 1-week drop in 10 months
The Department of Energy/Energy Information Administration average retail diesel price on Monday posted its biggest one-week decline this year. The price, the basis for most fuel surcharges, dropped 7.8 cents a gallon to…
Diesel Price Drops 7.8¢ to $3.553
The national average diesel price fell 7.8 cents to $3.553 per gallon, according to U.S. Energy Information Administration data released Oct. 21.
Emirates to nearly double 777 freighter fleet by late 2026
Emirates, a top-five airline by cargo tonnage, has ordered another five 777 freighters from Boeing for delivery in 2025 and 2026 to support growing cargo demand, the Middle East airline announced Monday. The carrier currently…
Becker Logistics study exposes cargo theft risk tied to lax security
Cargo theft has reached unprecedented levels in recent years, posing a significant threat to global supply chains. A recent white paper by Becker Logistics finds that thieves exploit a range of vulnerabilities in logistics…
ONE, DP World box up hope for breast cancer awareness
The magenta hue of Ocean Network Express once again supplied the perfect medium to help support a good cause during Breast Cancer Awareness Month. To mark #WearItPink Day Oct. 18 in the United Kingdom, employees at DP World’s…
Saia to open 3 terminals in October, pushing 2024’s count to more than 20
Less-than-truckload carrier Saia announced Monday the opening of three terminals in Kentucky and Ohio. The additions are part of a $1 billion capital expenditures plan that has added more than 20 new facilities to its network…
Tariffs ‘a tax on consumers,’ says NRF chief
While U.S. ports handle record-setting volume, retailers fear higher tariffs on foreign-made goods proposed by former President Donald Trump could blunt soaring consumer spending. The Republican presidential nominee has made…
