News
UPS Sees Profit Growth for First Time in Nearly Two Years
UPS Inc. returned to sales and profit growth for the first time in nearly two years as the company benefited from higher volumes, more profitable packages, and steadying labor costs.
Union Pacific’s Profit Grows 9%
OMAHA, Neb. — Union Pacific’s third-quarter profit grew 9% as the railroad delivered 6% more freight and continued to raise prices and streamline its operations.
Ryder System Q3 earnings: First look
Some key data from the third quarter earnings at Ryder System (NYSE: R): Used vehicle sales prices continued to fall. They are down year-on-year both for the recently concluded quarter and for the nine months through…
Union Pacific Q3 earnings: First look
Union Pacific Corp. said third-quarter net income was $1.7 billion, or $2.75 per diluted share, up from net income of $1.5 billion, or $2.51 per diluted share, for the same period in 2023. “Our third quarter results…
CPKC earnings grow despite Canadian work stoppage
This story originally appeared on Trains.com. CALGARY, Alberta — Canadian Pacific Kansas City’s third-quarter profits and revenue increased despite the impact of the four-day work stoppage in Canada, the railway reported on…
Bettaway Supply Chain Services promotes inclusion for employees with autism
A New Jersey supply chain company is making its workforce more inclusive by partnering with a local nonprofit to train people who have autism, providing them skills to become competitive job candidates. Bettaway Supply Chain…
Tesla plans to ramp up electric Semi truck production in 2026
Tesla executives say the company will begin full production of its all-electric Class 8 Semi truck in 2026. The company introduced the Semi in December 2022 and has delayed mass production of the vehicle several times over…
Covenant Logistics Group Q3 earnings: First look
Covenant Logistics Group reported $258.6 million in freight revenue during the third quarter, with truckload operations increasing 2.8% to $198 million. Chattanooga, Tennessee-based Covenant (NASDAQ: CVLG) reported adjusted…
SONAR webinar: Chasing the coveted title of Shipper of Choice
What does it take to be a shipper of choice? Or maybe the question should be: What does it take to be a Shipper of Choice? The lowercase first version describes generally a customer that carriers consider it a pleasure to do…
CPKC Q3 earnings: First look
Canadian Pacific Kansas City (NYSE: CP) said third-quarter 2024 revenues and earnings improved on freight volumes that were slightly higher than the year-ago quarter. The Calgary, Alberta-based railroad forecast freight…
