Inclement weather in much of the area where Union Pacific Railroad operates — Midwest, South and parts of Texas — is being blamed for the decline in first-quarter earnings.
April 22, 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.
Landstar Reports Record Earnings for Q1 2021
Landstar System Inc. reported record profits for the first quarter of 2021.
April 22, 2021Old Dominion Freight Line Reports Strong Q1 Growth
Old Dominion Freight Line saw revenue and net income rise for the first quarter of 2021, the company reported April 22.
April 22, 2021TMC Panelists Offer Guidance on Mentorship, Professional Development
Mentorship programs that offer information to both people involved can be a valuable tool for transportation companies, according to panelists during a session of the Technology & Maintenance Council’s service provider study group.
April 22, 2021Canadian Pacific Posts Q1 Earnings, Discusses Rival Bid for Kansas City Southern
Canadian Pacific officials aggressively defended their planned $25 billion acquisition of Kansas City Southern, announced in March, during a conference call April 21 regarding first-quarter earnings.
April 22, 2021Sen. Tom Carper Says USPS Should Buy More Electric Vehicles
The U.S. Postal Service should include more electric vehicles in its new fleet than it first envisioned when it awarded a $6 billion contract to Oshkosh Corp., a U.S. senator told nominees to the service’s board.
April 22, 2021Mullen Posts Increased Q1 Earnings on Declining Revenue
Mullen Group nearly tripled its earnings but saw revenue decline in the first quarter as growth was hindered by Canada’s slow recovery from the COVID-19 pandemic.
April 22, 2021C.R. England Announces Historic Driver Pay Increase
C.R. England is implementing the largest overall percentage driver-pay increase in its history, the carrier announced April 22.
April 22, 2021FMCSA Proposes Four-Year Rebuild Delay of Its Medical Examiners Website
Federal trucking regulators have proposed delaying for four years completion of a redesign for a web-based national registry of certified medical examiners, citing information technology-related challenges with the effort.
April 22, 2021Biden Pledges 52% Cut in Fossil Fuel Emissions by 2030
President Joe Biden convened leaders of the world’s most powerful countries on April 22 to try to spur global efforts against climate change.
April 22, 2021Trending
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