Hurt by Charge for Con-Way Freight Deal, TFI Loses Money in Second Quarter
TFI International, the Montreal-based truckload carrier, reported a $75 million operating loss in the second quarter, cautioning investors that the results included a $128.9 million noncash goodwill impairment charge related to the difficult U.S. truckload market and the purchase of the old Con-way Freight truckload unit from XPO Logistics last fall.
July 27, 2017Echo Suffers Losses for Third Straight Quarter
Echo Global Logistics set a new record on July 27 after failing to make a profit for the third consecutive quarter, which hasn’t happened once since the company went public in mid-2009.
July 27, 2017Minnesota Rejects Request From Truckers to Delay Plan to Mandate B20 Biofuel Mix
Minnesota Department of Agriculture officials have rejected a request by the state’s trucking association to delay a plan to increase the mix of biofuel to 20% of all diesel sold in the state beginning May 1.
July 27, 2017Trucking Does Best to Brace for Extreme Weather
Weather-related delays are an issue fleets often face, and the threat of a busy hurricane season later this summer could bring with it challenges in getting trucks to their destination.
July 27, 2017Diesel Rises 1.6¢ to $2.507 as Oil Prices Reach Two-Month High
The U.S. average retail price of diesel rose 1.6 cents to $2.507 as crude climbed later in the week of July 24 to its highest price in nearly two months and Saudi Arabia announced it would make additional cuts in oil production, experts said.
July 27, 20174 ELD Myths and What You Should Know About Bundled Solutions
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July 27, 2017Amazon Enlists Researchers to Build Box-Packing Warehouse Robots
Sixteen teams of robotics researchers are traveling to Japan this week to help Amazon.com Inc. solve its warehouse problem.
July 27, 20172017 NTDC List of Competitors by State
Check out the list of drivers, sorted by the state for which they are competing, at the 80th annual National Truck Driving Championships and ninth annual National Step Van Driving Championships, which will be held Aug. 9-12 at the Orange County Convention Center in Orlando, Fla.
July 27, 2017UPS Global 2Q Revenue Rises 7.7%; Net Income Jumps 9.1%
UPS Inc. generated 7.7% more global revenue during the second quarter and improved net income by 9.1% year-over-year based on “balanced performance across all segments."
July 27, 20172017 NTDC List of Competitors by Company
Check out the list of drivers, sorted by the company they are competing for, at the 80th annual National Truck Driving Championships and ninth annual National Step Van Driving Championships, which will be held Aug. 9-12 at the Orange County Convention Center in Orlando, Fla.
July 27, 2017