TFI Q3 Profit Slumps 32% as Uncertainty Crops Volume Levels
Volume at the truckload division is taking a beating from tariffs, canceled infrastructure projects and the recent U.S. federal government shutdown, executives told analysts.
Tesla Owner Complaints Rise in US Door-Handle Defect Probe
NHTSA opened the defect investigation Sept. 15, citing nine complaints submitted as far back as July 2023. Several parents said they were unable to open the Tesla doors to retrieve…
Judge blocks CARB’s Clean Truck Partnership enforcement
Federal judge halts CARB's Clean Truck Partnership, impacting OEM compliance. The post Judge blocks CARB’s Clean Truck Partnership enforcement appeared first on FreightWaves.
Florida East Coast boosts Grupo Mexico’s earnings
Florida East Coast Railway helped owner Grupo Mexico's transportation division increase third-quarter operating income on higher revenue despite flat freight volumes. The post Florida East Coast boosts Grupo Mexico’s earnings…
ACT Research reveals how fast trucking capacity is shrinking
"The supply-demand balance may retrench in the coming months..." The post ACT Research reveals how fast trucking capacity is shrinking appeared first on FreightWaves.
UPS expands healthcare reach with completion of Andlauer Healthcare deal
UPS has completed the acquisition of Andlauer Healthcare Group in Canada. The post UPS expands healthcare reach with completion of Andlauer Healthcare deal appeared first on FreightWaves.
Delta Air Lines to expand cargo capability in Salt Lake City
Delta Air Lines is launching an $18 million upgrade of its Salt Lake City cargo terminal. The post Delta Air Lines to expand cargo capability in Salt Lake City appeared…
First look: BNSF earnings
BNSF Railway revenue and profits saw sequential gains for the third quarter and nine months. The post First look: BNSF earnings appeared first on FreightWaves.
US rail traffic dips below 2024 levels for third week
U.S. rail traffic remained below 2024 levels for the third consecutive week and the sixth time in eight weeks, with both carload and intermodal traffic experiencing declines. The post US…
Borderlands Mexico: Averitt expands San Antonio terminal to meet nearshoring demand
This week in Borderlands Mexico: Averitt expands San Antonio terminal to meet nearshoring demand; Blockades paralyze access to Mexico’s Port of Manzanillo; and Woojer taps Texas Logistic & Fulfillment for…