The Transportation Department bowed to congressional pressure Monday and said it would allow more public scrutiny of a proposed demonstration project that would permit Mexican-based trucking companies to operate throughout the United States.
Forbes: DOT Delays Mexican Truck Program
May 12, 2022
Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.
May 11, 2022
Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year. Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.