XPO Logistics provided long-term financial targets for its less-than-truckload and brokerage units Monday after the market closed. A spinoff of its brokerage segment, RXO, is planned for Nov. 1. The…
Between the all-time high Department of Energy/Energy Information Administration price of $5.81 a gallon on June 20 and the recent low of $4.836 a gallon two weeks ago, the benchmark…
Marten Transport’s earnings, the first out of the gate for truckload carriers, showed some signs of the market weakness that is evident in growing capacity and falling rates, but they…
The hairline fractures in logistics warehousing transaction activity, which surfaced over the summer, have widened into the fall as the rapid and fierce rise in borrowing costs puts the red-hot…
The COVID-19 hours-of-service emergency declaration allowing haulers of certain commodities to operate outside the normal hours of service since March 2020 has expired.The Federal Motor Carrier Safety Administration allowed the…
A charity that aids truckers' families in need is now accepting applications for this year's round of aid.The Truckers Christmas Group announced it will accept nominations through Dec. 17.Now in…
The odd-looking super transport aircraft with a bulbous forehead long used by Airbus to ferry aircraft sections between manufacturing and assembly plants is increasingly being made available to commercial customers…
The Federal Motor Carrier Safety Administration will pursue a number of rulemaking proposals in 2023, including speed limiters, according to the Department of Transportation’s latest Significant Rulemaking Report.The agency said…
U.S. Customs and Border Protection officers in Texas last week seized over 45 pounds of fentanyl valued at $1,036,000. The seizure occurred Oct. 13 at the Office of Field Operations…
Pilot Company recently opened a new travel center in Palmdale, California, and announced the completion of the remodeling of eight existing stores as part of its New Horizons initiative. The new…