US Ports Report Continued Volume Gains in First Quarter
U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.
Proxy Firm: Norfolk Shareholders Should Split Ticket in Vote
Norfolk Southern’s CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership
Containership Hit Far in Arabian Sea; Houthis Claim Attack
JERUSALEM — A containership came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen’s Houthi rebels that they assaulted the ship
Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit
NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streamin
New Montana I-90 Rest Area Adds 35 Truck Parking Spots
Montana is progressing on plans to provide more truck parking along its busiest freight route on Interstate 90.
Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%
Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.
FMCSA Denies Florida’s CDL Skills Test Petition
The Federal Motor Carrier Safety Administration has told a Florida licensing agency that CDL applicants cannot continue to taking a skills test after failing the pre-trip inspectio
ArcBest Reports $1 Billion Revenue for Q1
ArcBest saw its bottom line swing from a profit to a loss and posted a decline in revenue during Q1 on the heels of market softness and weather-related delays, the company reported
Waabi Opens Texas Terminal as Hub for Self-Driving Trucks
Waabi Innovation opened a terminal in Lancaster, Texas, to serve as the center of the company’s operations in the state, which are at the heart of the self-driving truck speciali
ADM Shares Fall as CEO Cites Transition From Boom Years
Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.