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Canadian transport company TFI International (NYSE: TFII) on Monday reported revenue, including fuel surcharges, of $1.79 billion in the second quarter, down from $2.42 billion in the 2022 quarter as weaker volumes ate into…
The benchmark diesel price used for most fuel surcharges rose by an amount seen only a few times in the history of the data series. A one-week jump of 22.2 cents a gallon has been surpassed several times in the history of…
Record-breaking summer heat is forcing fuelmakers to cut back operations, just as dwindling supplies are causing gasoline prices to surge around the world.
Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.
Proving last week’s surge wasn’t a fluke, the national average diesel price skyrocketed 22.2 cents to reach $4.127 a gallon, according to the Energy Information Administration.
UPS Inc. (NYSE: UPS) lost about 5% of its domestic average daily volume, almost exclusively to rival FedEx Corp., (NYSE: FDX) due to shipper concerns over a possible strike by the Teamsters union, according to consultancy…
NTDC-bound FedEx Freight driver Dan Shamrell from Oregon is among the most accomplished pre-trip experts competing in precision-driving events.
J.B. Hunt Transport is ordering 13 battery-electric and hydrogen-powered fuel cell trucks from Nikola. The purchase boosts the startup’s prospects in a critical week for the company. The 10 battery electric trucks help…
On today’s episode of WHAT THE TRUCK?!?, Dooner is talking about the fall of Yellow. At noon ET on Sunday, the 99-year-old carrier shut the gates. With a formal bankruptcy announcement expected today by the company, we look…
Truckload carrier Heartland Express said Monday it hasn’t seen a seasonal improvement in demand. Heartland (NASDAQ: HTLD) reported second-quarter earnings per share of 10 cents, 6 cents light of the consensus estimate and…
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