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Kyrgyzstan receives first rail shipment of Chinese gasoline to boost energy security

FedEx Freight sees volumes stabilize, eyes Q4 margin improvement

The nation’s largest less-than-truckload carrier, FedEx Freight, said Thursday that volumes have continued to stabilize and that it expects to see stronger operating leverage next year as a standalone company. Its local, dedicated LTL sales teams are seeing business wins and driving a better freight mix across the net…

Amazon battles freight inflation as shipping costs jump 11% in Q3

Amazon reported record operating profitability in the third quarter on Thursday after the market closed, as the e-commerce giant continued expanding its delivery network and robotics investments amid higher transportation costs. CEO Andy Jassy said investments in same-day fulfillment facilities and ultra-fast delivery…

Railway shipments of gasoline from China to Kyrgyzstan launched

First look: TFI Truckload sparkles, but OR at LTL slips

TFI International has tried to get investors to take notice of its Truckload operations, which are substantial but smaller than its more better-known LTL segment. The third quarter results may be the catalyst that gets that recognition to occur. Where the third quarter LTL segment at TFI (NYSE: TFII) saw its operating…

First look: Covenant Logistics’ Q3 freight revenue surges 68%

Covenant Logistics Group reported a 19.2% year-over-year increase in third-quarter revenue Thursday, driven by strong growth in its managed freight segment . The Chattanooga, Tennessee-based carrier (NYSE: CVLG ) generated $353.9 million in total revenue for the quarter ended Sept. 30, compared with $296.9 million a y…

How transportation leaders are turning AI and connected data into a competitive edge

AI is gaining ground in transportation, but are companies actually turning that potential into results? As supply chains face constant disruption, rising expectations and growing pressure to make faster decisions, the gap between adopting new technology and putting it to work is becoming harder to ignore. To better un…

FedEx cashes in on premium logistics services, fuel surcharges

FedEx Corp. delivered strong third quarter results driven by higher volumes and pricing for premium B2B and B2C shipping services, but bullishness for peak holiday season demand was tempered by expectations for lower domestic margins amid a rise in transitory labor and outsourced trucking costs that likely will spill …

Saia’s expanded terminal network delivers record revenue, tonnage

Less-than-truckload carrier Saia continued to see outsized volume growth in the third quarter as it leveraged an expanded terminal network. The period delivered record revenue and tonnage for the company, with its focus now centered on improving operating results at the new locations. Saia’s ( NASDAQ: SAIA ) reported …

Greek Containership Sunk by Naval Drones Off Bulgaria as Black Sea Attacks Escalate

A Greek container ship has sunk after being hit by naval drones off Bulgaria on Wednesday, the Bulgarian government said, in the latest of a series of strikes in the western Black Sea this month that have raised concerns about the widening scope of Russia's war in Ukraine.

Why container rates are climbing despite cooling demand

Container freight rates climbed on major Asia-Europe and trans-Pacific routes last week despite signs of cooling demand, as congestion and canceled sailings supported prices. Carriers’ accelerating return to the Red Sea is reshaping shipping schedules, analyst and SONAR data contributor Freightos (NASDAQ: CRGO ) said …

QatarEnergy Continues LNG Buying Spree to Hedge Future Hormuz Disruptions

QatarEnergy is buying long-term supplies of liquefied natural gas from the US and other producers as part of a trading strategy designed to generate revenue if exports through the Strait of Hormuz are disrupted in the future, CEO Saad Sherida Al-Kaabi told Reuters on Thursday.

Fresno carrier DTL to run 75 Kodiak driverless trucks

Kodiak AI signed a binding agreement Wednesday to put its autonomous driving system in 75 trucks owned and operated by DTL Transport, a Fresno, California, carrier that runs cross-country team loads for grocers. The deal moves Kodiak’s Driver-as-a-Service model from Permian Basin sand hauling onto interstate freight l…

Maritime Unions Sound Alarm Over Jones Act Waiver Compliance, Foreign Crews and National Security

Nine maritime labor organizations say the Trump administration’s prolonged Jones Act waiver raises serious questions about compliance with federal law, including reporting requirements, immigration restrictions and the use of foreign...

Shell and Total Post Highest Quarterly Profit Since 2022

Shell and TotalEnergies reported on Thursday sharply higher third-quarter profits and raised share buybacks, as war-driven energy prices and record refining margins helped both beat expectations.

RXO’s earnings still coming out, had solid profitable quarter

RXO remains a publicly-traded company as it prepares to be acquired by C.H. Robinson , posting its earnings Thursday that showed mostly positive numbers in all key categories. Given the pending deal with C.H. Robinson, RXO (NYSE: RXO) did not hold an earnings call with analysts. The summary slides that also accompany …

Florida trucking CEO warns soaring diesel costs are squeezing carrier profits

JACKSONVILLE, Fla. — Rising diesel fuel prices are putting increasing financial pressure on Florida trucking companies, with fuel costs surpassing driver compensation as the largest operating expense for some fleets. Florida Trucking Association CEO Scott Perry said the combination of higher diesel prices , insurance …

Kroger accelerates direct sourcing efforts for better cost control, visibility

The grocery chain seeks to boost first-party procurement volumes to more than 10% while working toward a fully owned import and distribution model.

U.S. Shipbuilding Delays Push Empire Wind’s First Power Into 2027

Delays involving U.S.-built support vessels have pushed back turbine installation at Equinor’s Empire Wind offshore wind project off New York, with first power now expected in the first half of...

U.S. rail traffic up 7.8% as intermodal leads gainers

U.S. rail traffic increased 7.8% in the week ended Oct. 24 compared with the same week in 2025, as growth in intermodal shipments outpaced gains in carloads , Association of American Railroads data shows. Weekly intermodal volume, which includes containers and trailers, rose 11.3%, while carload traffic increased 3.6%…

COSCO Profit Jumps Most in Two Years as Turmoil Supports Rates

(Bloomberg) — Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels for longer while container...

Lawmakers Vow to Block Use of Training Ship Golden Bear for Deportations

Two California lawmakers are demanding that the Trump administration abandon reported plans to use ships for mass deportations, including the former Cal Poly Maritime Academy training vessel Golden Bear. Reps....

FedEx drawing parcel-focused shippers to its air freight services

Air freight demand from traditionally parcel-centric customers is rising as the carrier pushes for more business in high-value segments like AI and data centers.

Green Cargo back in the black while Nurminen grows on Italy–Sweden route

Two Nordic rail freight operators published mixed third-quarter results. Finnish Nurminen Logistics grew net sales by 10.4% to €26.3 million thanks to its Italian block trains. Still, the operator slipped into loss territory. Swedish operator Green Cargo posted an operating profit of 73 million Swedish crowns (€6.6 mi…

Cheniere LNG Shipments Surge as Iran War Reshapes Global Gas Trade

U.S. LNG giant raises full-year earnings outlook as Middle East supply disruptions boost demand for American exports Cheniere Energy, the largest U.S. exporter of liquefied natural gas (LNG), reported a...

What the Mastio Rankings Actually Tell Shippers

When a shipper puts an LTL lane out to bid, price is the number everyone can compare in five minutes. Price, however, doesn’t say much about what happens six months into the contract. A rate quote doesn’t indicate whether a shipment arrives on the dock when it’s supposed to, whether the weight matches the bill of ladi…

OPI, Nioxin owner appoints chief supply chain officer

Javier Huerta will oversee The Wella Company’s sourcing, manufacturing and logistics capabilities, effective Dec. 1

9 alleged Mexican Cartel associates arrested in California train theft ring

Nine men allegedly connected to Mexico’s Sinaloa Cartel have been arrested in Southern California following a yearlong investigation into an organized cargo theft operation that targeted BNSF Railway trains and resulted in millions of dollars in stolen merchandise , authorities said. The San Bernardino County Sheriff’…

PKP Cargo subsidiary seals creditor deal while parent remains mired in debt dispute

PKP Cargo’s rolling-stock maintenance subsidiary, PKP Cargotabor, has secured a legally binding deal to repay its debts, ending two years of restructuring and bringing some stability to a key part of the Polish freight operator’s business. Its parent company, however, remains locked in a dispute with creditors over it…

Trailer Bridge appoints new CEO

Trailer Bridge has named Charles Gittens its next chief executive officer, effective Nov. 2, as the carrier continues investing in its ocean transportation operations and Puerto Rico service . The Jacksonville -based company announced the appointment Oct. 26. Gittens succeeds Mitch Luciano, who left the company Oct. 1…