NAST margins steady on higher rates and lower volumes On Tuesday after markets closed, C.H. Robinson (NYSE: CHRW), the largest North American third-party logistics provider, announced first-quarter 2021 revenues of $4.8 billion, up 26.3% year-over-year, net income of $173.3 million,…
TFI International (NYSE:TFII) reported a 17% increase in operating income in the first quarter on Tuesday as the Canadian trucking and logistics giant’s growth started the year with strong momentum ahead of the close of its acquisition of UPS Freight.…
The crew of the Coast Guard Cutter Myrtle Hazard delivered emergency supplies Saturday to the small island nation of Palau in the western Pacific, in response to a national emergency declared by President Surangel Whipps Jr. after Typhoon Surigae devastated…
Welcome to the WHAT THE TRUCK?!? newsletter. In this issue, skyrocketing lumber prices, where’s the Tesla Semi, two brokerage bankruptcies and more. Will it fall under $3? SONAR Downhill skiing in spring — The Truckstop.com seven-day dry van rate per…
PACCAR Inc. (NASDAQ: PCAR) set a record for sales of truck parts in the first quarter, suggesting that an industry backlog constrained by supply chain shortages is prompting truck owners to hold on to their older equipment longer. “Inventory is…
This is an excerpt from the April 27, 2021 edition of Medically Necessary, a health care supply chain newsletter. Subscribe here. The plan: The U.S. plans to release 60 million doses of AstraZeneca’s COVID-19 vaccine, which hasn’t been approved in the…
It’s a sad day for the dynamic duo of Seth Holm and Andrew Cox as this marks Holm’s last episode of Great Quarter, Guys. They make it a good one with an in-depth discussion about the tidal wave of imports…
UPS Inc. (NYSE:UPS) said Tuesday that it plans to expand its weekend ground residential delivery operations, a strategy designed to build greater traffic density across its daily delivery network and to close the weekend delivery gap with archrival FedEx Corp.…
On this episode of Midday Market Update, Kaylee Nix and Michael Vincent look at the changes coming to the renewable fuel market and what one company is doing to mitigate waste from oversize product returns. First in headlines, Andrew Cox…
Less-than-truckload carrier Yellow Corp. (NASDAQ: YELL) announced Tuesday it will take delivery of 1,200 tractors as part of its ongoing restructuring initiatives. The Overland Park, Kansas-based company facilitated the equipment purchase using the second tranche of a $700 million Treasury…
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