News

Paccar charged 15% more for a new truck than a year ago, a driving force behind a surge in second-quarter profits. But inflation-driven pricing is only part of the story of a record 70% increase in Q2 profitability. The…

Yellow appears to be halting pickups in some areas of the Northeast, as well as Ohio, California and Texas, according to account executives who spoke to FreightWaves anonymously and company communication shared with…

The Georgia Ports Authority handled 5.4 million twenty-foot equivalent units in its 2023 fiscal year ending June 30, down 6.7% from fiscal year 2022 but higher than the 5.3 million TEUs moved in 2021 and the 4.5 million TEUs…

Lower revenues in the second quarter of 2023 put pressure on overall profits for Canadian railway CN. CN reported second-quarter 2023 adjusted net income of CA$1.17 billion (US$886 million), or $1.76 per adjusted diluted…

Congress is wading into the debate over whether automakers should be allowed to more self-driving cars while manufacturers seek federal permission to expand testing of the technology.

Walmart Inc. shares could surge more than 30% in the next 12 months as the shopping behemoth continues to gain market share even as grocery inflation eases, according to Piper Sandler.

PS Logistics subsidiary P&S Transportation announced Tuesday it has acquired Jacksonville, Florida-based asset-based trucking and brokerage Rinaudo Enterprises. Rinaudo has a fleet of 56 tractors and 75 trailers hauling…

A new cargo airline based in the United Kingdom kicked off operations Monday with a single freighter and the prestige of being the only Boeing 747 operator in the country. A freight recession would seem to be an inopportune…

After experiencing record sales growth during the COVID-19 pandemic, digital freight brokerage Surge Transportation says it was forced to file for bankruptcy protection as it was unprepared for the abrupt decline in product…

Autonomous technology developer Aurora says it has set itself up financially for up to the next two years with a new round of public and private funding.