The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.
February 6, 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.
XPO Earnings Jump 31% Despite Revenue Dip in Q4 2024
LTL Players Eye Freight Market Turnaround, Industrial Upturn
Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.
February 6, 2025Logistics Agents Put 30% Levy on Shein, Temu Retailers
Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.聽
February 6, 2025Truckers Get Real-Time Parking Info on Arizona鈥檚 I-10
Arizona announced the dynamic truck parking messaging availability Jan. 27 at four rest areas: Ehrenberg, Bouse Wash, Texas Canyon and San Simon.
February 5, 2025RXO Sees 70% Q4 Revenue Growth, Boosted by Coyote Deal
But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.
February 5, 2025Manufacturers Scramble Under Trump鈥檚 Looming Tariffs
Over a frantic 72 hours, President Donald Trump鈥檚 threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.
February 5, 2025US Postal Service Resumes Accepting Packages From China
The U.S. Postal Service on Feb. 5 said it鈥檚 accepting 鈥渁ll international inbound mail and packages鈥 from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.
February 5, 2025Designs Unveiled for Replacement of Baltimore's Key Bridge
SPARROWS POINT, Md. 鈥 Almost a year after the deadly collapse of Baltimore鈥檚 Francis Scott Key Bridge, Maryland officials on Feb. 4 unveiled their designs for its replacement.
February 4, 2025Marten Transport Q4 Profit Halves on Freight Market Weakness
Profit at Marten Transport more than halved in the fourth quarter of 2024 as ongoing weakness in the freight environment hurt revenue and margins.
February 4, 2025Agile Cold Storage Breaks Ground on Dallas-Area Warehouse
The 122,949-square-foot, multi-temperature facility is expected to open by the end of this year following a Jan. 23 groundbreaking ceremony.
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