Shares of less-than-truckload carriers were priced for beat-and-raise results heading into earnings season. Saia missed first-quarter expectations Friday, sending its stock 20% lower and pulling the rest of its peer group down for a second time in a week. Saia (NASDAQ: SAIA) said March didn’t provide the seasonal demand uptick the company normally experiences. The…
The Alberta Motor Transport Association (AMTA) named Graham Nkala of Flying J Canada Transport its driver of the year. Others recognized for their contributions to Alberta’s commercial transportation industry at […]
New data from Xeneta reveals an eye-popping increase in emissions as a result of the Red Sea diversion. The Xeneta and Marine Benchmark Carbon Emissions Index (CEI) shows carbon emissions increased by 63% in Q1 2024 compared to Q4 2023 with regard to containers being shipped via ocean from the Far East to the Mediterranean….
TFI International grew revenue in the first quarter but saw profits slide due to weaker overall market conditions. “TFI International performed well in a challenging environment, while making notable advancements […]
The time it takes to fuel a hydrogen-powered fuel cell truck is already on par with diesel. But there is still a yawning gap when it comes to comparable driving range. A new hydrogen storage system that packs more energy density might change that. The goal of hydrogen and battery-electric trucks is to reduce the…