1+ mon, 1+ week ago  (1038+ words) Prior to the oil shock stemming from the war in Iran, the freight recession that has permeated the trucking industry for more than three years had continued to see promising signs of abating. According to transportation intelligence provider FTR, preliminary…...

7+ mon, 4+ week ago  (837+ words) As more signs point to a more favorable opinion on the pending Union Pacific-Norfolk Southern merger in Washington, one activist investor is prodding competitor CSX to consolidate with a fellow railroad of its own. In a letter to the CSX…...

11+ mon, 1+ week ago  (693+ words) Activist investor Ancora Holdings Group is calling on shareholders of Forward Air Corporation to sack chairman George Mayes and two other board members, citing a distrust in their ability to "support a credible strategic review." The Forward Air board first…...

3+ mon, 6+ day ago  (682+ words) Walmart is scaling drone delivery across 150 more stores over the next year, which would expand the technology to an anticipated 270 locations by 2027. The retail giant is expanding its partnership with drone operator Wing to cover the ground, building on what…...

8+ mon, 2+ week ago  (823+ words) Trucking companies can't seem to escape the duress of the freight recession. Carroll Fulmer Logistics Corporation, a family-run trucking firm from Groveland, Fla. with more than 400 trucks and 1, 700 trailers, ceased operations in late June. The Florida-based Clermont Sun broke the…...

11+ mon, 3+ week ago  (996+ words) Trucking companies are beginning to bear the burden of President Donald Trump's tariffs on U. S. trade partners, and are cutting headcount and seeing decreased volumes as a result. Volvo Group North America could be laying off as many as 980 employees across…...

5+ mon, 3+ week ago  (617+ words) The TD Cowen/AFS Freight Index shows that economic and company-made headwinds are impacting the freight industry." The companies project that truckload freight costs will increase slightly by the end of the year, and predict that the costs of both…...

2+ mon, 1+ week ago  (1121+ words) A freight recession stretching back to 2022 has kept the trucking industry under prolonged pressure, forcing carriers to navigate weak volumes as they look to late-2025 trends for evidence that the downturn is easing. Last year, trucking activity by tonnage moved…...

2+ mon, 3+ week ago  (767+ words) CMA CGM and asset management firm Stonepeak are creating a nearly $10 billion joint venture that will oversee terminals at 10 of the ocean carrier's ports, including two in the U. S. Under the joint venture, known as United Ports, CMA CGM and Stonepeak…...

7+ mon, 3+ week ago  (908+ words) BNSF Railway and CSX are introducing two coast-to-coast intermodal rail services as the railroads cozy up amid a pending Union Pacific-Norfolk Southern merger. However, a merger for BNSF seems to be out of the cards. According to a CNBC report…...