Profit at ArcBest rose 16.1% year over year in the second quarter as an improvement in less-than-truckload revenue per shipment and an increase in prices trumped a decline in shipments.
August 5, 2024Search
Showing 10 of 73919 results
Continental Weighs Spinoff to Separate Car Parts From Tires
Continental AG is considering spinning off and listing its struggling automotive business to separate it from the German parts maker’s more successful tire operations.
August 5, 2024Nation's Top Truckers Gathering in Indy for Safety Showcase
Some 422 elite truck drivers have descended on Indianapolis for the National Truck Driving Championships with the goal of emerging as the best in the country.Â
August 4, 2024Silicon Valley Subway Project Nabs $5.1B for Bay Area Link
The long-awaited subway project linking California’s Silicon Valley to parts of the San Francisco Bay Area is set to receive $5.1 billion in federal funding.
August 2, 2024Hub Group Misses Analyst Expectations on Weak Q2 Market
Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.
August 2, 2024What Are Final Mile Deliveries?
What exactly is final mile delivery? This quick video explains the last leg of shipping and why final mile deliveries are so critical for logistics and customer satisfaction.
July 30, 2024Cummins Q2 Profit Rises on Higher Generator, Engine Sales
An increase in sales of power generators and heavy-duty truck engines boosted profits at Cummins Inc. in the second quarter of 2024, the company said Aug. 1.
August 2, 2024British Columbia Investing in Hydrogen Hub on Highway 16
Canada’s British Columbia will grant $108,000 to develop a regional hydrogen hub to support business development along its western Highway 16 freight corridor from central Prince George to the Pacific Coast.
August 2, 2024Schneider Q2 Profit Slumps as Intermodal, Logistics Revenue Falls
Schneider National profit in the second quarter of 2024 slumped 54% as price increases failed to arrive as early as the carrier expected and ongoing freight market weakness saw intermodal and logistics revenue decline.
August 2, 2024OPEC Kept Oil Output Steady in July
OPEC kept oil production broadly steady in July while it cautiously monitors the impact of its latest cutbacks on global markets.
August 2, 2024