Daily headlines and summaries of the most important news in trucking and logistics.
UBER FREIGHT FLAGS EARLIER PEAK AS CROSS-BORDER DEMAND TIGHTENS; PHOENIX LANDS 1.1M-SF LOGISTICS PROJECT Uber Freight’s Q2 outlook points to a faster‑than‑expected squeeze in U.S.-Mexico capacity and rising reefer rates; meanwhile, developers broke ground on a 1.14M‑square‑foot Glendale, Arizona logistics…
ARCBEST RAISES Q2 OUTLOOK AS LTL MARGINS IMPROVE ArcBest lifted second-quarter guidance for both its LTL and asset-light units, including a 200-basis-point increase to its asset-based margin outlook, signaling healthier pricing and mix heading into summer. MAY JOBS REPORT: TRANSPORTATION/WAREHOUSING…
XPO’S Q2 TONNAGE TRENDING AHEAD OF GUIDANCE XPO said May tonnage per day rose 0.5% year over year, with shipments up 3.3% and weight per shipment down 2.7%, putting it on track to beat a flat Q2 tonnage outlook as…
AMAZON WINS NLRB FIGHT OVER JOINT-EMPLOYER STATUS WITH DSPS An administrative law judge approved a settlement that ends a case that could have deemed Amazon a joint employer with a California DSP; the Teamsters are seeking to appeal. The decision…
FEDEX FREIGHT NOW AN INDEPENDENT COMPANY, DEBUTS ON NYSE AS “FDXF” Following its June 1 spinoff from FedEx Corp., the LTL carrier began trading under the ticker FDXF as it pursues growth with an established nationwide network and customer base.…
FEDEX FREIGHT COMPLETES SPIN-OFF, STARTS TRADING ON NYSE AS FDXF FedEx finalized the separation of its LTL unit, with FedEx Freight shares beginning regular-way trading today (ticker: FDXF); shareholders received one FDXF share for every two FDX shares held as…
SUPREME COURT SIDES WITH TRUCK DRIVER IN ARBITRATION DISPUTE, BOOSTING DRIVER CLAIMS A unanimous ruling allows a driver’s lawsuit to proceed despite an arbitration clause, a decision with major implications for carrier and broker litigation risk and contract practices across…
STB ACCEPTS REVISED UP-NS MEGA-MERGER APPLICATION, MOVES TO 12-MONTH REVIEW Regulators accepted Union Pacific and Norfolk Southern’s amended filing, triggering a merits review while seeking more details by July 27. The railroads say the transcontinental deal could pull roughly 2…
STB ACCEPTS UP‑NS MERGER APPLICATION BUT PUTS REVIEW ON HOLD, SEEKS MORE INFO The Surface Transportation Board on May 28 accepted Union Pacific and Norfolk Southern’s revised $85B merger filing but immediately held proceedings in abeyance, ordering supplemental information by…
DHL ECOMMERCE, USPS STRIKE $10B+ EXCLUSIVE LAST‑MILE DEAL Announced May 28, the multi‑year pact makes USPS the exclusive last‑mile delivery partner for DHL eCommerce in the U.S., marrying DHL’s first/middle‑mile network with USPS’s nationwide door coverage for parcel shippers. OHIO…