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BusinessTechnologyPrivate

Amazon Reports Q3 Revenue Gained 13% to $143.1 Billion

Amazon CEO Andy Jassy gave investors much of what they wanted: robust sales and profit growth along with a hint that the cloud division earnings machine is regaining momentum.

October 27, 2023
BusinessSafetyLogistics

Norfolk Southern Turns to Automated Inspection Portals

Norfolk Southern has installed automated inspection portals on its tracks in Ohio — not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.

October 26, 2023
BusinessLogisticsFor-Hire

Ryder Reports Slight Revenue Decline for Q3

Ryder System Inc. experienced a slight decline in year-over-year revenue amid market headwinds during the third quarter of 2023, the company reported Oct. 25.

October 26, 2023
BusinessSafety

ATRI Opens Research on Challenges to Hiring Female Drivers

The American Transportation Research Institute has initiated new research focused on female truck drivers and how more can be brought into the industry.

October 26, 2023
GovernmentBusinessLogistics

Strike Halts All Shipping on St. Lawrence Seaway

MINNEAPOLIS — A strike has shut down all shipping on the St. Lawrence Seaway, interrupting exports of grain and other goods from Canada and the U.S. via the Great Lakes to the rest of the world.

October 26, 2023
GovernmentBusinessTechnologyFuelLogistics

Ports Consider Digitization Strategies to Track Cargo

AURORA, Colo. — Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.

October 26, 2023
GovernmentSafety

Congressional Leaders Pledge Progress on FY24 Funding Bills

Newly elected Speaker of the House Mike Johnson and Senate Majority Leader Chuck Schumer directed their chambers to proceed with fiscal 2024 budget legislation.

October 26, 2023
BusinessTechnologySafetyFor-Hire

Estes Express IT System Fully Restored, COO Says

Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.

October 26, 2023
BusinessFor-Hire

UPS Reports Lower Earnings on Labor Deal Costs

UPS Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.

October 26, 2023
GovernmentBusiness

Economy Accelerated to a Strong 4.9% Rate Last Quarter

WASHINGTON — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied rising interest rates to spend at a brisk pace.

October 26, 2023