Landstar System Inc.’s revenue and diluted earnings per share both set third-quarter records, the company reported Oct. 19.
October 20, 2022Search
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September Trailer Orders Highest Since March
U.S. trailer orders in September just cleared 25,000 and, while down about 10% compared with a year earlier, were the highest since first quarter, ACT Research reported.
October 20, 2022Knight-Swift Reports 15.5% Rise in Revenue to $1.9 Billion for Q3
Knight-Swift Transportation Holdings Inc. saw mixed financials amid ongoing efforts to strengthen segment results during the third quarter, the company reported Oct. 19.
October 20, 2022Tesla Sales Rise, but Revenue Still Lower Than Expected
Tesla Inc. shares declined in early trading after the electric car maker reported lower-than-expected revenue and acknowledged it isn’t immune from economic headwinds.
October 20, 2022Solera’s Spireon Introduces Next-Gen Cargo Sensor
Asset-tracking technology provider Spireon has introduced its next-generation cargo sensor, designed to give motor carriers more detailed information about available trailer capacity.
October 20, 2022Consumers Expecting Issues in Survey on Holiday Supply Chain Issues
While retailers started preparing for the holiday season even earlier this year, consumers are still haunted by the ghost of supply chain past, survey data shows.
October 20, 2022Biden Says More Oil Releases Possible to Cut Gas Prices
President Joe Biden announced the drawdown of an additional 15 million barrels of oil from U.S. emergency reserves, as well as what he called a “ready and release plan” aimed at driving down gasoline prices.
October 19, 2022Federal Grants Provide Lifeline to Rural Bridge Assessments
Rural bridges that carry freight are among this year’s winners of $18.4 million in federal grants awarded to states evaluating whether to refurbish aging ones or build new spans.
October 19, 2022Waymo’s Self-Driving Taxi Service Expands to L.A.
Waymo, Alphabet Inc.’s driverless vehicle unit, plans to expand its robotaxi service to Los Angeles, the third region where it will be offered.
October 19, 2022Freight Growth Highlights Arizona’s Need for Truck Climbing Lanes, Parking Spaces
Arizona transportation officials have identified needs for more truck parking spaces and passing/climbing lanes on key roadways as shipments grow.
October 19, 2022