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Business, Technology, Equipment, Logistics, For-Hire

NFI Ramps Up Battery-Electric Truck Deployment in California

NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.

April 18, 2023
Business, Logistics, For-Hire, TCA

UPS, Teamsters Poised for Massive Contract Talks

High-stakes negotiations could start April 17 between the Teamsters and package delivery giant UPS that could have far-reaching reverberations.

April 14, 2023
Business, Equipment, Logistics, Breaking News, For-Hire

FedEx to Merge Ground, Express Units

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

April 5, 2023
Business, Logistics, For-Hire

Penske Announces Kris-Way Truck Leasing Acquisition

Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.

April 3, 2023
Business, Logistics, For-Hire

RXO Opens New Cross-Border Facility in Texas

RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.

March 29, 2023
Business, Equipment, For-Hire

February Trailer Orders Down 2.6% Year-Over-Year

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.

March 22, 2023
Business, Technology, Equipment, Logistics, Breaking News, For-Hire

Knight-Swift Agrees to Acquire U.S. Xpress

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

March 21, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.鈥檚 shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

March 17, 2023
Government, Business, Logistics, For-Hire

New UPS Distribution Center in N.C. to Create 60 Driver Jobs

Some 60 new truck driver jobs are coming to southeastern North Carolina in the largest business venture there in 40 years thanks to a new UPS distribution center.

February 27, 2023
Business, Equipment, For-Hire

January Net Trailer Orders Drop 58% Following Year-End Surge

U.S. trailer orders in January decreased 9% year-over-year to 24,300 from 26,595 a year earlier, reported ACT Research. This comes a month after net trailer orders reached their second-highest level on record at 57,300. Also, orders dropped 58% from near-record results the prior month.

February 23, 2023