Trucking News

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May 29, 2026 at 4:24 PM

QXO Announces Cash Tender Offers and Consent Solicitations for Any and All of TopBuild Corp.’s 4.125% Senior Notes due 2032 and 5.625% Senior Notes due 2034

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (“QXO”) (NYSE: QXO) today announced that, in connection with its pending acquisition of TopBuild Corp. (“TopBuild”), it has commenced, through its wholly-owned subsidiary Titanium MergerCo, Inc., a Delaware corporation (the “Company”), tender offers (collectively, the “Tender Offers”) to purchase for cash any and all of the outstanding (i) 4.125% Senior Notes due 2032 (the “2032 Notes”) and (ii) 5.625% Senior Notes due 2034 (the “2034 Notes” and, tog...
May 29, 2026 at 4:07 PM

Triumph Announces Dividend for 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

DALLAS--(BUSINESS WIRE)--TFIN announces quarterly cash dividend on preferred shares....
May 29, 2026 at 10:30 AM

Sinclair’s Largest Promotion of the Year Is Back and Too Big for Just One Day

SALT LAKE CITY--(BUSINESS WIRE)--Sinclair Oil (Sinclair), an HF Sinclair (NYSE: DINO) brand, announced today its third annual DINO Days, a five-day customer promotion running June 1–5, 2026, in honor of National Dinosaur Day. DINO Days has grown from a one-day promotion in 2024 to a five-day event featuring fuel savings, games and chances to win DINO merchandise. The promotion begins Monday, June 1, on Facebook and Instagram (@sinclairoilcorp), where followers will help build the ultimate summe...
May 29, 2026 at 6:00 AM

UPS Invests $50 Million to Transform Logistics for North American Automotive and Industrial Manufacturers, Launches Air Freight Expansion in Mexico

ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced it has invested nearly $50 million in network capabilities and dedicated industry teams to help automotive and industrial manufacturers operate with greater resilience and precision. As supply chains face ongoing pressure from automation, geopolitical shifts and evolving regulatory demands, UPS is uniquely positioned to help customers navigate complexity through its end-to-end global network, advanced technology and deep industry experti...
May 28, 2026 at 2:21 PM

Cushman & Wakefield Report: Tight Supply, Rising Costs And Structural Uncertainty Set To Shift Power Back to Landlords Across Global Logistics Markets

NEW YORK--(BUSINESS WIRE)--Cushman & Wakefield's (CWK) analysis of 135 global logistics markets in its Waypoint 2026 report indicates that the proportion experiencing tenant‑favorable conditions is expected to fall from 52% in 2026 to 33% by 2029 as vacancy tightens and supply remains constrained. This shift in the balance of power will see 39% of markets experiencing landlord-favorable conditions in 2029, up from 26% in 2026. Demand for higher‑quality, strategically located assets is being...
May 28, 2026 at 12:10 PM

U-Haul Holding Company to Participate in the Bank of America Self-Storage Virtual Conference

RENO, Nev.--(BUSINESS WIRE)--U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and self-storage company will participate in the Bank of America Self-Storage Virtual Conference on Thursday, May 28, 2026. Jason Berg, Chief Financial Officer, will participate on the Development and Supply Panel at the conference. About U-Haul Holding Company U-Haul Holding Company is the parent company of U-Haul International, Inc., O...
May 28, 2026 at 9:00 AM

Kenco Earns 2026 Great Place To Work Certification™

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Kenco, a leading third-party logistics (3PL) provider, is proud to be Certified™ by Great Place To Work®....
May 28, 2026 at 8:45 AM

JK Moving Services Applauds Supreme Court Ruling Supporting Broker Accountability and Safety

STERLING, Va.--(BUSINESS WIRE)--JK Moving applauded the Supreme Court’s ruling that freight brokers can be held accountable under state negligence laws when hiring unsafe carriers....
May 27, 2026 at 4:15 PM

PHINIA to Participate in Wells Fargo’s 16th Annual Industrials Conference

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems and aftermarket solutions, announced today that it will participate in Wells Fargo’s 16th Annual Industrials Conference on Wednesday, June 10, 2026. Conference participation will be in-person and include a Q&A session to discuss dynamics across the various markets PHINIA serves around the world and the Company’s business....
May 27, 2026 at 4:08 PM

U-Haul Holding Company Reports Fiscal 2026 Financial Results

RENO, Nev.--(BUSINESS WIRE)--U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to shareholders for the year ended March 31, 2026 of $83.1 million compared with $367.1 million for the same period last year. For the quarter ended March 31, 2026, the Company reported net losses available to shareholders of ($127.8) million compared with net...
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