Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
TriumphPay turns EBITDA-positive amid freight recession, launching LoadPay for truckers in mid-2024.
TFI International acquires Daseke for $1.1 billion, doubling its TL revenue and considering spinning off its truckload unit.
Lineage Logistics gears up for a major IPO, set to raise the bar in cold storage and logistics with a $30B+ valuation.
Hyliion Holdings Corp. makes a strategic move, exiting the Class 8 electric powertrain business to concentrate on the fuel-agnostic Karno stationary generator.
C.H. Robinson's operating income is down 60%.
Knight-Swift's Q3 2023 earnings report shows ups and downs, with revenue surpassing estimates but profits taking a hit.
Analysis of TuSimple's challenges in the autonomous trucking industry and FedEx's impressive financial performance surpassing expectations.
Old Dominion Freight Line's August performance rebounded after Yellow Corp's shutdown, with revenue resilience and growth.
Forward Air's acquisition of Omni Logistics ignites investor backlash, prompting stock to drop nearly 40%.
Explore the year-to-date performance of 2023's leading transportation and freight stocks. XPO, SAIA, and ARCB lead the pack. Detailed list inside.
Yellow shares soar following MFN Partners' 42.5% stake accumulation despite looming bankruptcy concerns.
Dive into Q2 financial updates from the industry. Discover key earning reports from Schneider, RXO, Uber Freight, Amazon, and TFI.
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