Cummins Inc. reported second-quarter net income and revenue soared, powered by North American engine sales. At the same time, the company announced it was exploring what it called “strategic alternatives” for its filtration business unit.
August 3, 2021Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Daseke Reports Higher Profit, Revenue for Q2
Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.
August 3, 2021Former Roadrunner Executive Convicted in Financial Case
A federal jury has convicted the former chief financial officer of Roadrunner Transportation Systems Inc. on four counts of violating federal securities laws for his role in a complex securities and accounting fraud.
August 3, 2021Isaac Instruments Selects Mike Stapleton for VP Position
Isaac Instruments announced July 26 that Mike Stapleton has been appointed to serve as vice president of industry relations.
August 3, 2021Maersk Ratchets Up Profit Guidance After Freight Rates Soar
A.P. Moller-Maersk A/S, the world’s largest container line, raised its guidance for profit this year after freight rates soared as lockdowns led to a surge in spending on shipped goods.
August 3, 2021Stellantis Pumps Up Profitability Forecast in Earnings Debut
Stellantis NV raised its full-year profitability outlook substantially as strong demand and pricing carried the carmaker to much better-than-expected results for the first half.
August 3, 2021DHL to Add Electric Planes to Fleet
The race toward zero-emission logistics chains is expanding from the road to the skies.
August 3, 2021Amazon Union Election Should Be Re-Run, US Labor Official Says
A federal official has recommended overturning the results of a union election at an Amazon.com Inc. warehouse in Alabama, giving the retail union an opportunity to reverse its defeat, according to people familiar with the matter.
August 3, 2021ZF Taps Wilhelm Rehm to Lead Forthcoming CV Unit
ZF Friedrichshafen AG announced it appointed Wilhelm Rehm to head its forthcoming new commercial vehicle solutions division as it pursues what the company called its ambitious commercial vehicle growth strategy worldwide.
August 2, 2021Dana Posts Solid Financials in Second Quarter
Dana Inc. reported large gains in second-quarter net income and revenue as strong customer demand for its products continued.
August 2, 2021Trending
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