News

Profit and revenue at Landstar System Inc. fell year-over-year in the third quarter on the back of ongoing weakness in the truckload market.

The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.

The return of President-elect Donald Trump to the White House is being welcomed by key freight stakeholders seeking improvements across the commercial transportation sector.

Slowing electric-vehicle adoption is likely to accelerate even further as President-elect Donald Trump delivers on his promise to gut plug-in friendly policies.

Container ships continue to line up outside Canada’s busiest import gateway as carriers wait for a lockout of union longshore employees to end. On Monday, 700 forepersons represented by International Longshore and Warehouse…

The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas export terminals.

Nippon Steel Corp. said it still expects its $14.1 billion acquisition of United States Steel Corp. to complete by the end of the year.

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

TOKYO — Nissan reported Nov. 7 a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs.