Transport Topics

RXO on May 3 reported revenue exceeding $1 billion for its first full quarter as an independent company. The Charlotte, N.C.-based asset-light transportation provider posted no net income for the thre...

4 Touko 20233min

The U.S. Department of Transportation on May 1 announced the issuance of a final rule approving use of oral fluid to drug test truck drivers, a move made to deter cheating on urine-based examinations ...

3 Touko 20232min

Diesel prices fell by an average of 5.9 cents a gallon across the country in the past week to flirt with the $4-a-gallon mark, settling at $4.018 a gallon, according to data from the Energy Informatio...

2 Touko 20232min

Daimler Truck unveiled Rizon, its newly branded lineup of Class 4 and Class 5 medium-duty electric trucks, on Thursday. With the U.S. release of its latest EV, Daimler is positioning to enter the grow...

1 Touko 20232min

Truckload carrier Schneider posted its earnings, achieving a 6% year-over-year earnings gain despite a revenue loss during the first quarter of 2023. The Green Bay, Wis., company posted net income of ...

28 Huhti 20233min

Norfolk Southern reported that the freight train derailment in East Palestine, Ohio, on Feb. 3 cost it $387 million in damages. That  impacted first-quarter profit by 33.7% when compared with the same...

27 Huhti 20233min

UPS Inc. reported first-quarter earnings that were lower than this time in 2022, and were mixed compared with Wall Street expectations. UPS reported a quarterly income decline of nearly 23% to $2.55 b...

26 Huhti 20233min

The price of a gallon of diesel fell 3.9 cents last week, according to data from the Energy Information Administration released yesterday. The price bumped up 1.8 cents the week before, putting a brie...

25 Huhti 20232min