News

DHL Group overcame weak economic conditions and reported decent second-quarter results, the German conglomerate announced Tuesday. Revenue of $22.1 billion was down year over year from $26.4 billion. Operating profit was…

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Daimler Truck reported higher second-quarter profits and revenue, but like OEMs reporting earlier, the market leader saw incoming orders fall. The German truck and bus maker said net profit rose to 1 billion euros ($1.1…

Class I railroads BNSF and CSX have announced agreements with key labor groups: BNSF reached a sick leave and work-rest agreement with the union representing locomotive engineers, while CSX and the union representing…

Less-than-truckload carrier Yellow Corp. is reported to be nearing a deal with lenders that will provide it funds as it approaches a liquidation of assets in bankruptcy. Apollo Global Management (NYSE: APO), one of Yellow’s…

A proposal to further facilitate access for trucks to military bases and installations was approved as part of a defense policy bill in the U.S. Senate.

Inflation is blamed for sending project completion costs soaring 68% since 2021 to today’s $840 million to complete a freight route for bringing goods into Alaska from the port in Anchorage.

Uber Freight’s second-quarter earnings before interest, taxes, depreciation and amortization, the key financial metric at the digital brokerage, recorded a large decline from a year ago but improved sequentially. Even with…

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The head of international transport and logistics company TFI International (NYSE: TFII) said Tuesday that the company’s U.S. less-than-truckload operation, TForce Freight, has picked up about 3,000 shipments per day since…