A.P. Moller-Maersk A/S shares plunged after the company said it expects renewed gloom in the industry this year when the current boost to freight rates from the Red Sea conflict evaporates.
February 8, 2024Search
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Trucking Executives Cite Opportunities for AI Adoption
LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.
February 8, 2024ArcBest Reports 31% Earnings Gain Despite Revenue Drop
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.
February 7, 2024Reefer Unit Powers Carrier Global to 55.6% Q4 Profit Hike
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.
February 7, 2024XPO Reports Revenue and Earnings Gains for Q4
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.
February 7, 2024US House to Debate Water Permitting Bill
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.
February 7, 2024Werner Enterprises Reports Revenue, Profit Decline for Q4
Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.
February 7, 2024FMCSA Releases New Medical Examiner’s Handbook
More than eight years in the making, federal trucking regulators have finally approved a new — albeit scaled down — version of the 2024 Medical Examiner’s Handbook.
February 7, 2024EPA Tightens Standards for Soot From Tailpipes, Smokestacks
The Biden administration is setting tougher standards for soot pollution, saying that reducing fine particle matter from industrial sources could prevent thousands of deaths a year.
February 7, 2024San Clemente Landslide Forces San Diego Rail to Halt Again
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.
February 7, 2024