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Fixed Fee. No Gain Share.
Industry FreightWaves - Trucking · Jul 22, 2026
The fledgling Intelligence unit, with a target of 85% and a second quarter year-on-year performance that was just shy of that. He referred to the metrics as constituting Triumph’s “value chain”: audit, payments (both activities are in the company’s Payments segment), liquidity (provided mostly by Factoring), digital banking (LoadPay) and Intelligence. In the letter, Graft came back to the point that financial performance at Triumph is not 100% correlated with the strength of the freight market.
The duties apply to all covered goods, regardless of whether they originate under the U.S.-Mexico-Canada Agreement, per a fact sheet released by the White House. However, the tariffs will not apply to energy, potash, products subject to Section 232 tariffs, and certain other goods, such as fish and critical minerals. Trump imposed the maximum tariff under Section 338 of the Tariff Act of 1930 after formally finding that Canada’s trade practices in various key sectors discriminated against the U.S.
Duane Scarboro, the electronics retailer’s new chief fulfillment and operations officer, has been with the company since 2003. Best Buy named Duane Scarboro as chief fulfillment and operations officer, effective immediately, according to a July 14 press release. In his new role, Scarboro will oversee sourcing, supply chain, fulfillment, delivery, service and execution in stores, per the press release.
The meat giant will no longer aim to achieve net-zero greenhouse emissions across its supply chain by 2040 and has also dropped scope 3 reduction targets. The company’s updated sustainability strategy also no longer includes reduction goals for scope 3 emissions, which include all the indirect GHG emissions produced in its supply chain. The company has a near-term goal of reducing scope 1 and 2 emissions by 30% across its core operations by 2030, and a long-term goal of reducing scope 1 and 2 emissions by 70% by 2050 — both against a 2019 baseline.
The company began a search for a SVP of operations and supply chain after announcing the departure of several executives in February. The J.M. Smucker Co. is bringing on a former Hershey executive to serve as SVP of operations and supply chain, according to a July 20 press release.
The agency said a previous finding was “a false positive,” but the supplier to companies such as Walmart and Taco Bell remains at the heart of an ongoing investigation. The U.S. Food and Drug Administration said Sunday that lettuce from a key supplier linked to the ongoing cyclosporiasis outbreak has not tested positive for the parasite, reversing an earlier finding by the agency. Despite the update, Taylor Farms de Mexico, part of the larger Taylor Farms brand, continues to be at the center of the FDA’s investigation into the outbreak after the agency last week linked iceberg lettuce from a single supplier in Mexico to more than 1,600 cases of cyclosporiasis across Indiana, Kentucky, Michigan, Ohio, and West Virginia.
The load is late, the tow is $1,200, the shop can’t get the sensor for three weeks, and the emissions system that was supposed to protect the air ends up stranding a safe truck on the shoulder of an interstate. That is a policy choice Congress is allowed to make, and it should be made with the freeze in the headline instead of buried under a sensor story everyone already agrees on. One sensor.
Forward Air said Tuesday that it will continue working with one of its largest customers, which had provided notice in May that it might pull all of its business. A non-binding arrangement with the customer will allow Forward to keep half, and potentially up to 75%, of the $250 million account. Forward ( NASDAQ: FWRD) previously said the customer was seeking to diversify its list of vendors, emphasizing that the customer’s potential departure had nothing to do with the “exceptional service” being provided.
Recent inspection blitzes in Arizona, Nebraska and Ontario uncovered hundreds of safety violations and placed dozens of commercial vehicles and drivers out of service. Troopers completed 96 commercial vehicle inspections and identified 350 violations. Authorities said the most common violations included drivers operating without a commercial driver’s license, missing or falsified logbooks and vehicle equipment defects.
Overroute publicly launched its AI-led freight execution platform to carriers and logistics operators on Tuesday, following a year-long co-design with J.B. Hunt Transport Services. Overroute emerged from J.B. Hunt’s ( NASDAQ: JBHT) collaboration with UP.Labs, an October 2024 initiative focused on incubating startups to address common challenges across the freight industry.