A UPS freighter aircraft destroyed buildings after slamming into an industrial area shortly after takeoff in Louisville, Kentucky, forcing the company to suspend shipping operations from its hub there ...
Emergency crews are responding to a UPS Airlines plane crash at the Louisville International Airport in Kentucky.
For-hire trucking capacity is contracting significantly due to reduced tractor builds and stricter ELP enforcement for drivers, potentially creating a capacity crunch. Freight volumes are rebounding ...
Grupo Mexico's transportation division (GMXT) reported a 9% increase in Q3 operating income and an 8.9% rise in revenue, despite overall volume remaining largely flat. Growth was primarily driven by ...
"Nuclear verdicts"—extremely large jury payouts often exceeding $100 million—are increasingly common in the trucking industry, driving up insurance costs and threatening fleet stability. Fleet leaders ...
VIB Trans, an Illinois-based trucking carrier, filed for Chapter 11 bankruptcy due to the "Great Freight Recession," marking the longest downturn in trucking history. This highlights a severe industry ...
Aurora has surpassed 100,000 driverless miles on public roads, expanding its Texas freight lanes to include El Paso and continuing validation in challenging weather conditions. The company is ...
Pamt Corp. reported a Q3 net loss of $5.6 million, its fourth consecutive quarterly net loss, accompanied by an 18% year-over-year decline in consolidated revenue. The financial downturn is driven by ...
(Photo: Jim Allen, FreightWaves. Two conflicting blog posts from the American Trucking Associations, published just six months apart, reflect growing criticism over the organization’s shifting stance ...
WiseTech is under investigation by Australian authorities (ASIC and Federal Police) for possible insider trading involving executive chairman Richard Wise related to company stock trading in late 2024 ...
J.B. Hunt's Q4 earnings per share fell short of expectations primarily due to significantly increased insurance costs, totaling a 43-cent headwind. Intermodal volumes showed positive growth, up 6.5% ...
Old Dominion Freight Line reported better-than-expected Q3 earnings and revenue, exceeding analyst forecasts despite a 4% year-over-year revenue decline. Significant tonnage declines (9% ...