Top 100
Yellow Reaches Settlement With DOJ
Yellow Corp. has reached a settlement with the Department of Justice over allegations dating back to 2005 that the company overcharged the federal government while shipping items for the Department of Defense.
Amazon Stops Sending Products to Russia
Amazon .com Inc. says it has stopped shipping products sold on its retail website to customers based in Russia and cut off access to its video streaming service there.
FedEx Suspends All Service in Russia, Belarus
FedEx Corp. has suspended all services in Russia and Belarus as fighting intensifies following the invasion of Ukraine.
March 4, 2022Albertsons Might Explore Selling Its Grocery Chains
Albertsons Cos. may be looking to unload some of its nearly two dozen grocery chains as the company launches a review of its business strategy, analysts said.
NextGen EkoStinger Fairing Boosts Fuel Savings in Test
Mesilla Valley Transportation Solutions announced that the NextGen EkoStinger, an aerodynamic fairing for Class 8 tractor-trailers, boosted fuel mileage.
March 2, 2022Class 8 Truck Makers, Buyers Struggle to Get in Sync on Orders
No one asked for these challenges: not the truck buyers staring at a rising tide of freight demand, and not truck makers delivering as many new heavy-duty trucks as they can to customers, but still way too few.
UPS Loses Compensation Bid in EU
UPS Inc. lost a court fight for about $2 billion in compensation over the European Commission’s 2013 botched veto of its takeover bid for TNT Express.
Hirschbach to Acquire John Christner Trucking
Hirschbach Motor Lines on Feb. 16 announced that it will acquire Sapulpa, Okla.-based refrigerated carrier John Christner Trucking.
Walmart Bucks Supply Chain Snarls With Upbeat Annual Outlook
Walmart Inc. surpassed Wall Street’s quarterly profit expectations and unveiled an upbeat sales outlook for the current fiscal year despite persistent cost pressures and flagging consumer sentiment.
GXO Reports $2.3 Billion in Revenue for Q4
GXO Logistics saw revenue grow 19% to $2.3 billion during the fourth quarter of 2021, the company reported Feb. 15.