The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $31 million, or 13 cents a diluted share, for the three months ending March 31.
May 7, 2025Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
RXO Grows Revenue 57%, Reports Larger Quarterly Loss
New York Lands $1.2B Venture From Yogurt Producer Chobani
Greek yogurt giant Chobani will build a 1.4 million-square-foot facility in Oneida County to make 1 billion pounds of dairy products annually, New York Gov. Kathy Hochul announced.
May 7, 2025Container Lines Begin Canceling US-China Shipping Routes
Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump鈥檚 trade war upends the industry.
May 7, 2025C.H. Robinson's Earnings Surge 46% Despite Lower Revenue
Logistics and shipping giant experienced a 45.6% surge in earnings off lower revenue during the first quarter of 2025, the company reported April 30.
May 6, 2025Quote Smarter and Protect Your Margins with Tai
Discover how Tai TMS helps freight brokers quote FTL and LTL shipments with speed, accuracy, and consistency. This whitepaper demonstrates how automation, real-time data, and smart tools simplify pricing, protect margins, and empower your team to win more loads.
May 6, 2025Trump Downplays Talks, Says US Will Dictate Tariff Terms
President Donald Trump indicated that he would strike a friendlier relationship with Canadian Prime Minister Mark Carney than the one he had with Justin Trudeau, whom Trump 鈥渄idn鈥檛 like.鈥
May 6, 2025Trade Deficit Widens to Record on Pre-Tariffs Import Surge
The U.S. trade deficit widened to a record in March as companies rushed to import products as the Trump administration readied sweeping tariffs.
May 6, 2025California Awards Tax Credits for Port, Hydrogen Projects
California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme鈥檚 logistics and supply chain infrastructure.
May 5, 2025Morgan Olson Debuts Compact Kestrel Work Truck
The manufacturer, known for its dominance in the step van segment, positioned the Kestrel as a versatile alternative for vocations ranging from last-mile delivery to emergency response.
May 5, 2025Beef Losses Deepen as Tyson Battles Cattle Crunch
The company's shares slumped the most since 2023 as investors shrugged off stronger-than-expected quarterly earnings to focus on deepening losses at its beef business.
May 5, 2025Follow Us
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