TFI International is plotting a major expansion into U.S. nonunion less-than-truckload (LTL) freight, including a potential acquisition valued at roughly $142 million (C$200 million). The move comes as the Montreal-based logistics giant seeks to diversify beyond its heavily unionized U.S.…
TFI International’s truckload division has seen significant improvement in its operating ratio, which decreased to 86.1 in Q2 2026 from 90.1 in the same period last year. The division’s revenue before fuel surcharges rose 6.8% to $760.8 million, and revenue…
CMA CGM, the world’s third-largest container line, has reported a 19% jump in revenue and a 6% rise in container volumes for the second quarter, driven by a rebound in Chinese exports to the US. The company’s EBITDA increased by…
The U.S. goods trade deficit narrowed by 4.2% in June to $101.5 billion, driven by a 2.6% drop in imports that outpaced a 1.8% decline in exports, according to Commerce Department data released July 28, 2026. The shortfall fell from…
Coca-Cola raised its full-year 2026 guidance after posting strong quarterly results, now forecasting organic sales growth of 5%—up from a prior range of 4% to 5%—and earnings-per-share growth of up to 8%, an increase of one percentage point. The beverage…
J.B. Hunt Transport Services has rolled out agentic artificial intelligence across all its business units to automate load coordination and smooth freight movement. The AI tool, developed by Overroute—the first startup from the Logistics Venture Lab incubator co-founded by J.B.…
Bankrupt auto parts giant First Brands is pushing a bankruptcy plan that hinges on recovering up to $2 billion through lawsuits against insiders and business partners, including founder Patrick James and firms like Jefferies Financial Group Inc. and Onset Financial.…
Sysco Corp., the US’s largest food distributor, and Cisco Systems Inc., the networking technology titan, are exploring a joint customer-data technology project after executives from both companies met for the first time at a recent Arizona conference. The encounter followed…
Oil prices slipped further on Monday as the United States and Iran held off from escalating their intermittent conflict, with mediators reporting progress toward restarting stalled negotiations. Brent crude, the global oil benchmark, dropped $1.35 to $84.52 per barrel, extending…
Union Pacific and Norfolk Southern have filed a revised merger application with U.S. regulators, introducing four new or expanded customer protections to advance the review of their proposed $85 billion deal. The updated filing, submitted on July 27, 2026, aims…