XPO: “Not sacrificing price for volume.”
XPO saw a 1% y/y tonnage increase in Q4, compared to mid to high-single-digit decreases in LTL peers. However, yield (excluding fuel surcharges) was only up 1% due…
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Transportation Groups Urge Congress to Repeal Heavy-Duty Excise Tax, Get Cleaner Trucks on Our Roads
A group of transportation and trucking stakeholders calls on Congress to repeal the century-old Federal Excise Tax (FET) on heavy-duty commercial vehicles. The letter, sent to Congressional leadership…
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WIT Names Mary ‘Candy’ Bass Driver of the Year
Mary “Candy” Bass recently earned Driver of the Year honors from the Women In Trucking Association (WIT). Sponsored by Walmart, Bass becomes the fourth trucker to receive the…
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Inflation Sparks FMC Fee Hikes
Higher staff salaries & electronic filing upgrades take a toll on agency costs; fee bumps up to 650% The Federal Maritime Commission is raising user fees to 650%…
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WeRide Files for US IPO: Sources Say
Chinese driverless tech startup Guangzhou WeRide Technology Co. has filed confidentially for a $500M U.S. IPO, potentially in H1 2021. Chinese companies resumed U.S. IPOs after Didi Global…
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Railroads Want To Take 64,000 Loads Away From Truck Drivers. Can They Be Trusted?
In an effort to roll back carbon emissions, the White House and U.S. Department of Transportation viewed revitalizing the freight rail system as a way to reduce diesel…
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