Knight-Swift Transportation Holdings’ intermodal segment nearly hit a “breakeven” operating ratio in Q4, the carrier reported on Jan. 21. The company reported an adjusted operating ratio of 100.1%, a ...
PennyGem on MSN
Ohio trucking empire collapses under $1.2B debt—2,150 jobs wiped out as freight recession turns fatal
The freight recession that began in 2022 has now claimed one of America’s oldest logistics operators. STG Logistics, a ...
Universal Logistics Holdings faces net losses with 65% of revenue from unionized automotive trucking and interest costs.
Although the segment posted strong quarterly results, revenues for its largest business unit fell 3% to $1.55 billion.
This is the first in a five-part series about railroad growth coming from truck conversions. Given Union Pacific’s proposed ...
Third quarter intermodal volume saw annual gains, according to a report recently issued by the Intermodal Association of North America (IANA). Total loadings, at 4,757,324, increased 2.8% annually, ...
LITTLE ROCK — As the transportation industry works its way out of a multiyear recession, fourth-quarter shipments of consumer goods moved nationally by a combination of rail and highway continue to ...
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