Paladin is the latest in a growing list of larger carriers to either shutter operations or declare bankruptcy amid the ongoing freight rate recession, including R&R Family of Cos.
February 9, 2026Search
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PFG Eyes Acquisitions, Builds War Chest After Merger Fails
Performance Food Group is on the hunt for further acquisitions after a quarter that saw profit and its war chest for deals swell even as a proposed merger with US Foods collapsed.
February 9, 2026XPO Focuses on Improvements After Adjusted EPS in Q4 Up 18%
CEO Mario Harik cites reduced damages and improved service quality that set company records in 2025 as a reflection of a commitment to enhanced customer experience.
February 9, 2026US Tells American Ships to Keep Away From Iran Amid Tensions
The warning comes just days after U.S. and Iranian officials held diplomatic talks in Oman on Feb. 6, following President Donald Trump鈥檚 repeated threats on Tehran with airstrikes.
February 9, 2026Ocado May Cut Up to 1,000 Jobs in Cost-Cutting Drive
Ocado in December said it would receive a one-time cash payment of $350 million from Kroger after the U.S. grocer decided to聽close three automated warehouses聽and scaled back plans for a wider rollout.
February 9, 2026Walmart Invests $330M to Update Louisiana Distribution Center
Modernization is slated to start next year at Walmart's Opelousas distribution center near Interstate 49 and U.S. Route 190. The facility is located some 60 miles west of Baton Rouge.
February 6, 2026Love鈥檚 to Add 1,500 Parking Spaces, 20 Locations in 2026
The additions will raise Love鈥檚 truck parking space total to 52,000 spots nationwide by the end of 2026, the company said.聽Love鈥檚 currently operates 669 locations in 42 states.
February 6, 2026Werner Shifts Away From One-Way During Tough Q4
鈥淲e see signs of encouragement for the industry and Werner as we move into 2026,鈥 Werner CEO Derek Leathers said during a call with investors.
February 6, 2026Tight Truckload Capacity Among Factors in RXO's Q4 Net Loss
Asset-light transportation provider RXO reported significant sales momentum in Q4 2025, despite the current freight environment, as truckload capacity continued to tighten.
February 6, 2026Amazon Delivers Strong Q4 Sales but Misses on Earnings
Amazon reported fourth-quarter earnings slightly below Wall Street estimates even as sales surged and it reported the fastest growth in its prominent cloud computing business in 13 quarters.
February 5, 2026