Tag: business
FBI Seeks Truck Drivers in Tax Fraud Probe
By Amanda Wilson August 17, 2026
The FBI is urging truck drivers nationwide to report potential involvement in a tax fraud scheme linked to a Georgia bookkeeping firm, highlighting a major inve
Postal Service hits $20B with new parcel fee
By Sarah Brown August 8, 2026
USPS reports $20B revenue boost from parcel fees and stamp price hikes, cutting losses by $584M in Q3.
Truck maker closes Ohio plant cuts 1341 jobs
By Amanda Wilson August 6, 2026
Truck maker closes Ohio plant, cutting 1341 jobs in a deal with Canadian defense manufacturer Roshel, affecting local employment and economy.
ArcBest Surprises with Strong Quarterly Earnings
By Jessica Miller August 6, 2026
ArcBest surprises with strong quarterly earnings, defying expectations with improved asset-based operations and asset-light division performance.
Middle-Market Squeeze Signals Cash Flow Warning
By Jessica Miller August 6, 2026
The middle market squeeze signals a cash flow warning for suppliers. Learn why payment cycles are stretching and how to manage business liquidity risks.
Pamt Corp posts loss 110.6% adjusted TL OR
By Jessica Miller August 5, 2026
Pamt Corp loss reported for Q2 shows a 110.6% adjusted TL OR drop, with a net loss of $7.4 million and 36 cents per share, highlighting ongoing challenges.
July PMI 55.6% highest in years LTL bullish
By Amanda Wilson August 4, 2026
July PMI hits 55.6%, the strongest reading since May 2022, pushing the ISM manufacturing index well above the 50‑point expansion threshold and boosting market o
Why Chemical Logistics Needs a Shipper of Choice
By Sarah Brown July 31, 2026
Rob McCray explains why chemical logistics companies should become a shipper of choice to secure capacity and build reliable carrier relationships.
AI data centers reshape freight demand
By Amanda Wilson July 30, 2026
AI data centers are transforming freight demand, driving shifts in trucking and rail markets for specialized shipments.
UPS lags in robust trucking market
By Sarah Brown July 30, 2026
UPS earnings report disappoints as the shipping giant battles Amazon competition and guidance concerns in the robust trucking market sector.