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ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.

Profits at Carrier Global jumped 55.6% year-over-year in the fourth quarter on the back of higher refrigeration unit sales and improved operating margins.

XPO Inc. reported a year-over-year increase in revenue and earnings despite an overall softer freight environment during the fourth quarter of 2023, the company announced Feb. 7.

House Republican leaders indicated that as early as the week of Feb. 12, the GOP-led Creating Confidence in Clean Water Permitting Act would reach the floor of the chamber.

Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.

Freight trains to and from the Port of San Diego were suspended again the night of Feb. 6 by a slow-moving landslide that threatens the tracks at San Clemente, Calif.

The U.S. and European Union agreed to increase raw material sourcing for semiconductors and better align mutual cybersecurity protocols for infrastructure and businesses.

The U.S. sees oil production flatlining for most of this year before reaching a new record in early 2025. That would ease concerns about a supply glut that has weighed on prices.

A December settlement between Cummins Inc. and the federal government pushed the engine and component manufacturer’s results into the red in the fourth quarter of 2023, it said Feb. 6.

Averitt Express expanded three of its key facilities as part of an ongoing effort to strengthen its foothold in Nashville, Tenn., the company announced Jan. 31.