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!-->…
Knight-Swift Transportation beat third-quarter expectations Wednesday after the market closed. Guidance introduced for the first quarter was worse than expected. Knight-Swift (NYSE: KNX) reported adjusted earnings per share!-->…
C.C. Clark will invest $129 million to build a corporate headquarters as part of a new 300,000-square-foot distribution center along Kentucky’s Interstate 65 corridor.
The company on Oct. 23 reported adjusted earnings of 72 cents per share for the quarter, above the average analyst estimate.
USDOT announced more than $4 billion in grants Oct. 21, including projects in Nevada, Ohio and Wisconsin that will add parking to existing facilities along interstate highways.
Despite an earnings report that by most measures would be viewed as positive, the stock of recently high-flying supply chain software provider Manhattan Associates fell hard Wednesday, a day after the earnings release and!-->…
Old Dominion Freight Line saw continued demand weakness during the third quarter but signaled October could be the last of the big year-over-year declines for this cycle. The less-than-truckload carrier reported $1.47 billion!-->…
On a recent episode of Truck Tech, Alan Adler dived into the dealership and customer experience for those looking to buy a renewable natural gas (RNG) Class 8 and how that fits into the Cummins ecosystem. Nathan Whittaker,!-->…
Shares of the Elon Musk-led company have fallen 12% this year through Oct. 22, while all of its Big Tech peers have advanced.
Key Takeaways: Overall holiday spending is expected to increase by 8%, and consumers are prioritizing gatherings, food gifts, and budget-friendly entertainment over traditional gift-giving. With 63% planning to purchase!-->…
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