Covenant Logistics Group highlighted several achievements during 2022, including generating more than $1 billion in freight revenue and achieving an all-time high for full-year earnings per share, in its fourth-quarter…
The decision by MSC and Maersk — the world’s two largest container lines — to terminate the 2M vessel-sharing alliance was predictable. The bigger surprise will be what happens next.…
Nikola Corp. is sending 15 hydrogen-powered fuel cell trucks to California in the fourth quarter. It’s the first step in fulfilling Anheuser-Busch InBev’s long-standing order for up to 800 of…
Norfolk Southern sees 2023 as an opportunity to further test its new operational plan amid considerable economic headwinds, according to executives’ comments during the railroad’s fourth-quarter ’22 earnings call. Those…
A small plane struck a tractor-trailer last weekend while making an emergency landing on a highway north of Houston.A Texas Department of Public Safety spokesperson said the plane apparently lost power…
Bipartisan legislation introduced in the House of Representatives Tuesday addresses several trucking industry concerns, including recruiting and retaining drivers, providing more truck parking, and relaxing hours of service provisions for…
To counter looming macroeconomic headwinds in 2023, Union Pacific aims to boost rail service, which will include looking at how to improve the quality of life of craft employees, according…
Automaker Tesla announced Tuesday it is investing $3.6 billion to build two new factories in Nevada, including a facility to mass produce its all-electric Class 8 Semi truck. “Semi is…
Truck drivers would be eligible for up to $10,000 in tax credits, along with training incentives, as part of new bipartisan legislation aimed at retaining and recruiting drivers. The Safer…
Get your “easy button” with a modern, SaaS-based TMS! A next-gen TMS helps streamline operations and automate the quote-to-cash cycle for freight transactions. But there’s other benefits too. Investing in modern…