3+ week, 3+ day ago   (319+ words) The company continues to sort through its accounting missteps as it works to restate its financials dating back to the fiscal year ending Dec. 31, 2023. Obtained from Norfolk Southern Hub Group announced the discovery of its accounting error in February. The…...

1+ mon, 19+ hour ago   (515+ words) The combination will double the company’s existing capacity of energy under management. Einride entered a definitive agreement to acquire Flipturn, a developer of charging and energy management software for electric fleets for the estimated price of $38.4 million, the firm announced…...

1+ mon, 1+ day ago   (252+ words) “As industry dynamics continue to constrain driver supply, we believe opportunities for further rate correction remain,” President and CEO Lance Stewart said in an earnings release. PAMT, the parent company of P.A.M. Transport, posted another Q2 operating loss, marking its…...

1+ mon, 1+ week ago   (244+ words) Executives credit productivity gains and market improvements for quarterly income from operations rising 30% year over year. Filter said on the call with analysts that “underlying demand is largely stable” and was playing out as expected. He added the carrier experienced…...

1+ mon, 1+ week ago   (322+ words) The business’ North American headquarters will remain in Oregon, but manufacturing operations are shifting to the Carolinas. Obtained from Daimler Truck North America Daimler Truck North America's decision to shutter its Portland production plant ends a manufacturing legacy for the…...

1+ mon, 1+ week ago   (399+ words) The carrier also upped its capital expenditure plan, which includes an additional $60 million for new trucks and trailers. Old Dominion Freight Line improved profits in Q2 despite year-over-year drops in tonnage, volume and intercity miles. The carrier’s Q2 operating income increased by…...

1+ mon, 2+ week ago   (275+ words) Average revenue per truck per week in that business unit surged to $6,114 in Q2 2026. The restructuring moved the carrier’s one-way network away from unprofitable freight and created a denser network, CEO Derek Leathers said on an earnings call. “We made the…...

1+ mon, 2+ week ago   (367+ words) Operating income rose across its segments of truckload, logistics and LTL, which also experienced a 7.5% increase in shipments year over year, the company reported. TFI International’s operating income grew 29% in Q2 compared to a year ago, reaching $220.4 million, according to a…...