News
Rush Enterprises plans 3:2 stock split following strong Q2
Rush Enterprises, the nation’s largest network of new truck dealerships, will execute a 3:2 split on Class A and B shares after a strong second quarter led by its parts and service business. The split means shareholders will…
Loaded and Rolling: Yellow exec says bankruptcy coming Monday
Yellow exec to sales staff: Bankruptcy on Monday (Photo: Jim Allen/FreightWaves) The saga of less-than-truckload carrier Yellow may be coming to a close based on reporting that Yellow’s senior vice president of sales told…
How I Got My Job: Editing — And Now, Owning — Legendary Food Publication Saveur
Photo by Thom Payne Kat Craddock’s journey through restaurant jobs and food media took an unexpected turn when she purchased the magazine she worked for earlier this year In How I Got My Job, folks from across the food and…
Wabash Quarterly Profit Jumps as Margin Rises
Trailer manufacturer Wabash National posts a 6.8% increase in net sales in the second quarter compared with the same period a year earlier.
The Casa Bonita Reopening Is Real but It Might as Well Be a Joke
Casa Bonita. Hyoung Chang/Getty The “South Park” creators have dumped $40 million into the beloved Colorado restaurant, which is now selectively open, but to what end is still unclear You wanna come on down to where,…
‘The Vegetarian Epicure’ Extolled the Joy of Vegetables
Lille Allen/Eater Anna Thomas’s 1972 cookbook taught us that vegetables should taste like themselves, and that vegetables are delicious Back in the early 1970s, I’ve been told, American vegetables came in two varieties: the…
Large US-Mexico Truck Crossing to Reopen in Texas
A Mexico border crossing in Texas for commercial truck traffic will reopen after five years starting Aug. 7 to provide an alternative to the Juarez-El Paso land ports of entry.
Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
East Palestine expenses cut into Norfolk Southern’s Q2 net profits
Higher expenses and lower revenues ate away at Norfolk Southern’s net profits in the second quarter of 2023. The eastern U.S. Class I railroad reported net income of $356 million, or $1.56 per diluted share, for the second…
Landstar not ready to call market bottom
Management at freight broker Landstar System said the market continues to stay soft and that a positive inflection likely won’t occur until the end of this year at the earliest. “I would not declare bottom yet,” Jim Gattoni,…
