Truck transportation jobs in the U.S. did something in June and July that they hadn’t done since the start of the pandemic: decline in both months. Since truck transportation seasonally adjusted jobs posted declines of 4,100 jobs and 84,500 jobs in March and April 2020, respectively, the number of jobs in that sector reported by…
Class 8 truck OEMs have yet to fully open 2024 orderboards, and strong production levels continue to eat away at the backlog. Shippers are still in the driver’s seat and […]
Safety on Highway 1 east of Revelstoke will be improved through a project to widen the Trans-Canada to four lanes between Jumping Creek and the MacDonald snowshed. A request for […]
Less-than-truckload carrier XPO beat analysts’ expectations for the second quarter and volumes saw a big move in July as one competitor shut down. XPO (NYSE: XPO) reported second-quarter adjusted earnings per share of 71 cents, 10 cents better than the consensus estimate but 43 cents lower year over year (y/y). The result excluded transaction costs…
Nikola Corporation has named Steve Girsky as chief executive officer after announcing that Michael Lohscheller will step down as president and CEO effectively immediately and as a member of the […]