Paccar Inc. profits fell in the second quarter of 2024 on the back of sagging European truck sales and lower parts and financial services divisions profits.
Shekar Natarajan is out as president of logistics provider Quiet Platforms. In a statement issued late Monday, the company said that Natarajan had exited the company, effective immediately. His departure was due to!-->…
Shipping lines have brought Asia-U.S. spot rates up off the floor, but it’s a slog: two steps up, one step back, another two steps up, a slide back again. The general rate increase (GRI) on Thursday was partially successful,!-->…
NEW YORK — RXO’s chief strategy officer conceded to a conference here that he didn’t have much fresh to say in terms of the company’s market or overall outlook, but given the relative strength of the 3PL’s first-quarter!-->…
Delta Air Lines has inaugurated John F. Kennedy International Airport’s largest temperature-controlled facility for pharmaceuticals and perishable goods. The Atlanta-based carrier announced Thursday that it has doubled!-->…
Nevada Gov. Joe Lombardo has vetoed a bill that would have restricted the length of freight trains running through the state, saying such a mandate could violate federal interstate commerce laws. The Republican governor said!-->…
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