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Logistics News
Business, Equipment, Logistics

TFI to Buy Class 6-8 Truck Transporter JHT

TFI International is set to acquire Class 6 to Class 8 truck manufacturer transportation provider JHT Holdings Inc., it said Aug. 7.

Keiron Greenhalgh | Staff Reporter
August 8, 2023
Business, Logistics, For-Hire

UPS Lost More Business Than Expected on Strike Threat

Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.

Keiron Greenhalgh | Staff Reporter
August 8, 2023
Government, Business, Safety, Logistics

Kentucky Begins $30 Million Road Project at Owensboro Port

Kentucky Gov. Andy Beshear joined state officials in breaking ground on a $30 million highway expansion project for the Owensboro Riverport Authority.

Noël Fletcher | Staff Reporter
August 7, 2023
Government, Business, Logistics

Cargo Airline Western Global Goes Bankrupt

Florida-based Western Global Airlines filed for bankruptcy protection with plans to slash its debt load after the cargo airline faced a cash crunch.

Erin Hudson | Bloomberg News
August 7, 2023
Business, Logistics, Private

Tyson Foods to Close Four Chicken Processing Plants

Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.

Michelle Chapman | Associated Press
August 7, 2023
Business, Logistics, For-Hire

XPO Reports Q2 Income, Revenue Decline

XPO saw second-quarter net income and revenue decline, but the company sees momentum headed into the third quarter.

Dan Ronan | Senior Reporter
August 4, 2023
Business, Logistics

Canada’s Titanium Transportation Buys Georgia’s Crane

Titanium Transportation Group acquired Oakwood, Ga.-based Crane Transport to drive growth of the Canadian company’s U.S. logistics business, it said.

Keiron Greenhalgh | Staff Reporter
August 4, 2023
Government, Business, Logistics, For-Hire

Yellow Closure Reshuffles LTL Sector

Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.

Dan Ronan | Senior Reporter
August 3, 2023
Business, Logistics, For-Hire

Schneider Sees Drop in Q2 Earnings

Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.

Dan Ronan | Senior Reporter
August 3, 2023
Business, Logistics

GXO Beats Wall Street Predictions, Boosts Q2 Profit 27%

GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.

Dan Ronan | Senior Reporter
August 3, 2023
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