News
ONE Q2 earnings: First look
Ocean Network Express (ONE) said revenue was $5.9 billion for the fiscal second quarter, up 65% from the same quarter a year ago. Net profit was $2 billion, up from $1.8 billion year on year. The Singapore-based carrier…
Trinity Industries Q3 earnings: First Look
Third-quarter revenue declined but operating profit improved for railcar builder Trinity Industries. Revenues were $799 million for the third quarter ended Sept. 30, down from $821 million in the year-ago quarter. The…
Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge
“As we get into the holiday season, we’re excited about what we have in store for customers,” CEO Andy Jassy said in a statement.
NASEM study disputes driver shortage claims
FMCSA-sponsored NASEM study disputes ATA driver shortage claims (Source: NASEM/FMCSA) A recent study looking at the impacts of pay and working conditions on long-distance truck and bus drivers has also called into question…
Our Favorite Restaurants Are All Dressed Up for Halloween
This year, restaurants dressed for the occasion. | Kory Aversa Willy Wonka outfits, rat hats, and Carrie Bradshaw look-alikes: Here’s how restaurants are dressing up for Halloween Halloween is here and everyone’s dressed up…
Good news/bad news at Uber Freight: EBITDA loss widens but revenue improves
Uber Freight posted its eighth consecutive quarter of negative earnings before interest, taxes, depreciation and amortization, and its third-largest since the digital brokerage’s fourth-quarter 2021 integration with…
Werner’s Mahon Details Aggressive Approach to Cybersecurity
CLEVELAND — Werner Enterprises cybersecurity lead Daragh Mahon detailed his aggressive and innovative approach to protecting the company's assets during the NMaf Cybersecurity Conference on Oct. 29.
Court data reveals extent of truck lease program abuse
WASHINGTON — A study of public data filed in court cases alleging abuse of drivers participating in truck lease-purchase programs with carriers estimates that the extent of predatory lease contracts in the industry approaches…
If you celebrate Halloween, a truck brought it
Welcome to the WHAT THE TRUCK?!? Newsletter presented by Nikola. In this issue, trucks drive Halloween; “huge Christmas gift” for truckers; driver shortage contested; and more. Clean. Quiet. Smart. Sustainability delivered…
Waymo Valued Over $45B After Latest Funding Round
The business said late last week that it had raised $5.6 billion in new capital at an undisclosed value. The financing was led by Alphabet, which also owns Google.
