91ÊÓƵ

Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.

GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.

Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.

Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean freight costs that helped ease the sting of goods inflation is over.

Lower freight rates, a moderation in brokerage gross margin and the cost of operating as a stand-alone public company hurt profits at RXO Inc. in the second quarter of 2023.

Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.

Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members.

Taylor Swift has reportedly given $100,000 bonuses to the truck drivers who have been transporting her concert equipment across the country during her epic Eras tour.

Local union leaders voted in favor of a tentative labor agreement that UPS and the Teamsters reached July 25, an important step toward finalizing a deal that covers about 340,000 workers.

Inflation is blamed for sending project completion costs soaring 68% since 2021 to today’s $840 million to complete a freight route for bringing goods into Alaska from the port in Anchorage.