Amazon CEO Andy Jassy gave investors much of what they wanted: robust sales and profit growth along with a hint that the cloud division earnings machine is regaining momentum.
October 27, 2023Trucking 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.
Amazon Reports Q3 Revenue Gained 13% to $143.1 Billion
Norfolk Southern Turns to Automated Inspection Portals
Norfolk Southern has installed automated inspection portals on its tracks in Ohio — not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.
October 26, 2023Ryder Reports Slight Revenue Decline for Q3
Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.
October 26, 2023ATRI Opens Research on Challenges to Hiring Female Drivers
The American Transportation Research Institute has initiated new research focused on female truck drivers and how more can be brought into the industry.
October 26, 2023Strike Halts All Shipping on St. Lawrence Seaway
MINNEAPOLIS — A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the U.S. via the Great Lakes to the rest of the world.
October 26, 2023Ports Consider Digitization Strategies to Track Cargo
AURORA, Colo. — Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.
October 26, 2023Estes Express IT System Fully Restored, COO Says
Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.
October 26, 2023UPS Reports Lower Earnings on Labor Deal Costs
UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.
October 26, 2023Economy Accelerated to a Strong 4.9% Rate Last Quarter
WASHINGTON — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied rising interest rates to spend at a brisk pace.
October 26, 2023Ford, UAW Reach Tentative Deal
DETROIT — The United Auto Workers union said Oct. 25 it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old strikes.
October 25, 2023Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics