Connor Wolf is a business reporter at Transport Topics.
Connor Wolf is a business reporter at Transport Topics. Before Transport Topics, Connor worked for LifeZette, and prior to that wrote for Inside Sources and the Daily Caller. He has covered economic and labor beats through the lens of how policy decisions affect business. He also has written about the business implications of poor infrastructure, and the potential implications of automated technology for the labor market.
U.S. Class 8 retail sales ended 11 consecutive months of year-over-year declines with a small uptick in July, according to data from Wards Intelligence.
August 13, 2024
The ruling found that a work stoppage between the Teamsters and rail companies would not pose an immediate threat to public health and safety, meaning a strike could occur as soon as Aug. 22.
August 13, 2024
Bridgestone Corp. experienced an increase in revenue but a decline in earnings during the second quarter of 2024, the company reported Aug. 9.
August 12, 2024
Nikola Corp. reported a 103% revenue increase but wider losses in the second quarter as electric vehicle sales gained momentum, the company announced Aug. 9.
August 9, 2024
ACT preliminary data showed orders fell 13% to 13,400 units. They also experienced a drop of 8% from the previous month.
August 8, 2024
Despite the reported net loss, investors appeared to be responding positively. It was primarily due to a one-time goodwill impairment charge related to the Omni acquisition.
August 8, 2024
The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $7 million, or 6 cents a diluted share.
August 7, 2024
The German truck manufacturer posted a net profit of $860 million, or $1.01 per share, for the three months ending June 30.
August 7, 2024
Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.
August 7, 2024
GXO Logistics saw revenue grow 19% in the second quarter of 2024 to $2.85 billion. However, the contract logistics firm reported a drop in net income to $39 million from $66 million in 2023.
August 6, 2024