News
Corporate governance in shipping: Who’s been naughty or nice?
Shipping has long suffered an image problem on Wall Street, fueled by perceptions that some shareholders have been ripped off by self-dealing management. No analyst has focused on the fair treatment of shipping’s common…
Navistar orders fall but deliveries helped strong Q2 at parent Traton
Traton SE, the parent company of Navistar International, reported dramatically higher second-quarter sales and profits compared with a year earlier. But economic uncertainty resulted in significantly lower incoming orders.…
Major trucking companies seek exemption for driver trainers
WASHINGTON — The training departments of three large truckload companies want to be exempted from federal rules for entry-level driver training because they claim it is causing them to be short of both instructors and…
Jet Engine Wind Powers EVs in Dallas Airport Test
The thrust of airplane jet engines is now powering Teslas and other electric vehicles at Dallas Love Field.
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
The Cheap, Gluggable Liter of Grüner Got Weird
https://punchdrink.com/articles/gruner-veltliner-natural-wine/
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
What to know about FMCSA safety ratings
Compliance reviews by the Federal Motor Carrier Safety Administration are not something motor carriers should take lightly. The rating that you receive based on your safety compliance can greatly impact your business both…
UPS shippers may face double-digit rate increases in wake of contract
UPS Inc. shippers should brace themselves for double-digit general rate increases (GRI) in 2024 as the transport and logistics behemoth looks to recoup the “astronomical” cost increases from its tentative five-year contract…
Covenant sees some opportunity from Yellow collapse
With Yellow possibly in its final days if not hours, the timing of earnings calls is perfect for Wall Street analysts to ask trucking executives how their companies could benefit. On Covenant Logistics’ (NASDAQ: CVLG)…
