News
European officials probe attempted air shipments of incendiary devices
This story originally appeared on AirlineGeeks.com. Two incendiary devices bound for delivery by DHL from Europe to North America were discovered this summer, prompting Western officials to investigate their origin. A Wall…
With trailer orders down, Wabash National gets negative outlook at S&P
Trailer manufacturer Wabash National, which has seen a sharp downturn in its financial measurements, has hung on to its credit rating from S&P Global, but its outlook has been lowered to negative by the ratings agency.…
Canada Braces for Economic Disruption
Canada, which buys more U.S. goods than any other nation and is its largest external oil supplier, is bracing for economic disruption now that voters have elected Donald Trump.
Cozy Royale’s Dry-Aged Burger Takes Over a Month to Make
The juicy burger relies on the trimmings of dry-aged sirloin from its sister butcher shop What’s better than a burger? How about one that sources its ground beef right next door. The meat at Cozy Royale is all prepped by the…
I-40 Between N.C. and Tennessee Could Reopen by Jan. 1
Interstate 40 may reopen between North Carolina and Tennessee by New Year’s Day, according to the North Carolina Department of Transportation.
What is cargo insurance and why does it matter?
Recent trucking market conditions have made it harder for carriers to turn profits as carrier costs continue to rise, but rates are not following the same trend. Some carriers have had to take freight at a loss to keep…
Trimble’s Q3 transportation revenue rises to $195M
Despite an ongoing freight recession, Trimble Inc.’s transportation and logistics segment performed well during the third quarter, growing revenue 1.4% year over year to $195 million. “Transportation and logistics beat our…
Schneider National Q3 earnings: First look
Schneider National missed third-quarter expectations and lowered its full-year 2024 guidance on Wednesday. Adjusted earnings per share of 18 cents was 5 cents below the consensus estimate and 2 cents lower than the 2023 third…
Proposed Trump tax cuts expected to be a boon for freight
With at least three Senate seats flipped from Democrat to Republican — giving Republicans a two-seat majority — Trump will attempt to exert influence on Congress as lawmakers grapple with major tax reforms in 2025. Trump…
Lyft Teams With Mobileye in Series of Autonomous Deals
Lyft announced three new partnerships with autonomous driving technology vendors, including Intel spinoff Mobileye, as it plays catch-up in offering driverless rides on its platform.
