Volume grew by 10% year-over-year at RXO’s brokerage business in the second quarter, CEO Drew Wilkerson said. (RXO) Lower freight rates, a moderation in brokerage gross margin and the cost of operating as a stand-alone public company hurt profits at RXO Inc. in the second quarter of 2023. Asset-light transportation provider RXO reported second-quarter 2023 ...more
TFI International operates TST Overland Express. TFI reported revenue of $1.79 billion in the most recent three-month period, compared with $2.42 billion in the prior-year period. (TFI International) Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said, ...more
President Joe Biden speaks to reporters before entering a car on Aug. 2. (Manuel Balce Ceneta/Associated Press) WASHINGTON — The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel. The Energy Department canceled a planned purchase of 6 million barrels ...more
An Amazon Fresh store in Warrington, Pa. (Matt Rourke/Associated Press) NEW YORK — Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members. The initial rollout will only be available in a dozen cities, including Boston, Phoenix, Dallas and San Francisco, the company told customers Aug. 2 in an emailed ...more
DERA funding is meant to facilitate the voluntary replacement or installation of retrofits on existing heavy-duty diesel vehicles and engines. (Wisconsin Department of Transportation) A bill that updates the Diesel Emissions Reduction Act through fiscal 2029 was recently approved by a committee in the U.S. Senate. The bipartisan measure is designed to promote health benefits ...more
A motorist in a white pickup causes a multi-vehicle collision when he crashes into the dash cammer in order to avoid hitting a second truck in the right lane.The video was shared on August 1 by Facebook user Brent Jackson, who says that no one was hurt in this crash.The video was captured in a ...more
A popular Vlogger and truck driver who is hauling for the Taylor Swift ‘Eras’ tour gives you a peek into what life on the road is like for him on day-to-day basis.After news broke this week that Swift gifted her 50 tour truck drivers with a $100,000 bonus check, many members of the trucking community ...more
A trucker’s dash cam captured an excruciatingly close call with a clueless car driver who made a U-turn in the worst possible spot.The video was captured in Oklahoma on August 1, 2023, and shared by Reddit user u/Wham-alama-ding-dong.In the video, you can see that the dash cammer is doing 76 m.p.h. in the right lane. ...more
Three people were hurt after a truck with six people inside got stuck on train tracks in Missouri on Tuesday afternoon. The accident occurred on August 1st just before 4:30 p.m. at the intersection of E. 187th Street and Holmes Road, near Belton, Missouri.According to Fox 4 KC, a total of six people were inside of ...more
A wrecked semi truck left a load of lemons scattered along a highway in New Jersey on Wednesday morning. The accident happened on August 2nd in Mahwah, New Jersey on Route 17 near Mountainside Avenue at around 10 a.m.According to North Jersey News, the semi truck was traveling in the northbound lanes of Route 17 when ...more
