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Business, Logistics, For-Hire

UPS Finance Chief to Leave Parcel Giant to Focus on Health

UPS Inc.’s top financial executive, Brian Newman, plans to leave the company June 1 in order to focus on his personal health, the shipping giant said May 6.

Kiel Porter | Bloomberg News
May 6, 2024
Business, For-Hire

Mullen Group Closes ContainerWorld Acquisition

Mullen Group closed its previously announced acquisition of fellow Canadian business ContainerWorld Forwarding Services, the company revealed May 3.

Connor D. Wolf | Staff Reporter
May 3, 2024
Business, Logistics, For-Hire

Schneider Reports Revenue Decline of 8% to $1.32B for Q1

Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.

Connor D. Wolf | Staff Reporter
May 2, 2024
Government, Business, Safety, For-Hire

Safety, HR Professionals Connect at ATA Conference

PHOENIX — More than 450 professionals came together to identify ways to improve the trucking industry at ATA's Safety, Security and Human Resources National Conference and Exhibition.

Mindy Long | Special to Transport Topics
May 1, 2024
Government, Business, Technology, For-Hire

Pitt Ohio Executive Targets EV Infrastructure

WASHINGTON — Ensuring electric commercial vehicles have reliable access to charging infrastructure remains a persistent challenge, a trucking executive recently told policymakers.

Eugene Mulero | Senior Reporter
May 1, 2024
Business, For-Hire

ArcBest Reports $1 Billion Revenue for Q1

ArcBest saw its bottom line swing from a profit to a loss and posted a decline in revenue during Q1 on the heels of market softness and weather-related delays, the company reported.

Connor D. Wolf | Staff Reporter
April 30, 2024
Business, Logistics, For-Hire

Ryder Continues Cross-Border Expansion With New Facility

Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.

Connor D. Wolf | Staff Reporter
April 30, 2024
Government, Business, Technology, Logistics, Autonomous, For-Hire

Logistics Supply Chain Shows Steadiness Amid Rough Waters

During the past four years, supply chain and logistics companies have ridden the highs and lows of a market that included a pandemic and fractured economy to keep goods moving.

Amanda Smith-Teutsch | Special to Transport Topics
April 29, 2024
Business, For-Hire

TFI Profit Falls 17.1% on ‘Worse Than Expected’ Market

Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.

Keiron Greenhalgh | Staff Reporter
April 26, 2024
Business, Equipment, For-Hire

Intermodal Chassis Manufacturers Pull Back on Output

Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.

Keiron Greenhalgh | Staff Reporter
April 25, 2024
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