Pilot Freight Services acquired Manna Freight Systems to expand its final-mile delivery and installation services of furniture and appliances. Terms of the deal were not released.
July 20, 2018Search
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DHL Express Buys 14 Boeing Freight Planes
DHL Express ordered 14 Boeing 777 Freighters with options and purchase rights for another seven aircraft. The first four of the planes will be delivered by year-end 2019.
July 20, 2018Is Amazon Moving Into a Former Ohio Mall Site?
Almost every indicator points to an Amazon fulfillment center, or something like it, at an old Ohio mall near Akron.
July 20, 2018Union Pacific 2Q Earnings Are Up, but Facing Efficiency Challenges
Union Pacific Corp. on July 19 reported second-quarter net income of $1.51 billion, a 29% increase over $1.17 billion in the year-ago period.
July 19, 2018Nation’s Ports Set Records, but Concerns Heighten Over Tariffs
Ports across the United States are reporting record volumes, but transportation officials are raising concern that economic tariffs being imposed against other countries by the Trump administration — and retaliatory efforts those nations are enacting in response — could affect the longer-term global trade outlook.
July 19, 2018Heartland Profits Jump 22% in 2Q as Revenue Rises
Heartland Express reported second-quarter net income of $17.8 million, or 22 cents per share, a 22% increase from $14.6 million, or 18 cents, recorded in the second quarter of 2017.
July 19, 2018Amazon Logistics Seen as Way to Owning a Delivery Business
Amazon.com has nearly 200 warehouses, a fleet of trucks and airplanes, and even its own delivery drones — yet the company has determined that is not enough to satiate its booming demand.
July 19, 2018Fed Beige Book Cites Trucking Woes as Drivers Prove Hard to Find
American businesses want to keep trucking along, but they’re running into a persistent roadblock: a driver shortage amid high demand for freight services.
July 19, 2018Appeals Court Temporarily Stays EPA Decision to Not Enforce Glider Kit Truck Regulation
A federal appeals court has issued a temporary stay blocking a decision by the Environmental Protection Agency to not enforce an Obama administration regulation that limits glider kit truck manufacturers to building no more than 300 of the trucks a year.
July 19, 2018Canadian Pacific Reports Second-Quarter Revenue Growth of 7%
Canadian Pacific Railway Ltd. announced second-quarter revenues of C$1.75 billion, an increase of 7% from $1.64 billion when compared with the same period of 2017.
July 18, 2018