News
TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes
Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.
GXO posts strong quarterly results, raises full-year outlook
Contract logistics provider GXO Logistics Inc. (NYSE: GXO) reported better-than-expected second-quarter results late Wednesday and raised its full-year outlook for earnings per share and earnings before interest, taxes,…
Volume Sales Increase for Organic Produce in Q2, After Two Years of Decline
Organic produce sales are off to a strong year — the Organic Produce Network reported a 1.5% increase in dollars and a 0.8% increase in volume for Q2, compared to the same period last year. This reverses the volume loss trend…
Flat sequential performance at 3PL RXO leaves Wall Street unimpressed
Financial metrics and earnings at 3PL RXO, which soared above the rest of the industry in the first quarter, held steady on several fronts sequentially, with a slight improvement in net income. While the normal comparisons…
Maintenance-of-way union sues BNSF over workforce shortages
The union representing maintenance-of-way (MOW) workers at BNSF is suing the railway for using contractors and not growing the ranks of MOW employees, according to a statement from the Brotherhood of Maintenance of Way –…
Amazon Fresh Offers Grocery Delivery to Non-Prime Members
Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members.
The story behind Taylor Swift’s $100K trucker bonus – WTT
On today’s episode of WHAT THE TRUCK?!? Dooner is talking about the $100,000 bonus Taylor Swift gave to the truckers pulling her $1.4 billion-grossing The Eras Tour. We’ve got the full story on how the largest bonus in…
Nikola surpassess 200 orders for hydrogen fuel cell trucks
Nikola Corp., experiencing a rare week of positive news, said Wednesday it has 202 orders for hydrogen-powered fuel cell electric vehicles (FCEVs), a milestone unmatched in the nascent field for the zero-emission trucks. The…
Eaton Q2 Profit Jumps 23.8%
Eaton Corp. posted net income of $744 million in the second quarter of 2023, a 23.8% increase compared with a $601 million profit in the same period a year earlier.
Senate EPW Approves Diesel Emissions Bill
A bill that updates the Diesel Emissions Reduction Act through fiscal 2029 was recently approved by a committee in the U.S. Senate.
