Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.
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To retread or not to retread, that is the question. For some maintenance managers, the debate between purchasing new tires or retreads is constant.
US Ports Report Continued Volume Gains in First Quarter
U.S. ports closed out the first quarter in March with continued year-over-year increases in container volumes.
April 30, 2024New Montana I-90 Rest Area Adds 35 Truck Parking Spots
Montana is progressing on plans to provide more truck parking along its busiest freight route on Interstate 90.
April 30, 2024FMCSA Denies Florida’s CDL Skills Test Petition
The Federal Motor Carrier Safety Administration has told a Florida licensing agency that CDL applicants cannot continue taking a skills test after failing the pre-trip inspection.
April 30, 2024ArcBest Reports $1 Billion Revenue for Q1
ArcBest saw its bottom line swing from a profit to a loss and posted a decline in revenue during Q1 on the heels of market softness and weather-related delays, the company reported.
April 30, 2024Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%
Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.
April 30, 2024GXO Completes Acquisition of UK-Based Wincanton
GXO Logistics has completed its acquisition of the U.K.-based transport and logistics services company Wincanton, the company announced April 29.
April 30, 2024ADM Shares Fall as CEO Cites Transition From Boom Years
Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.
April 30, 2024Waabi Opens Texas Terminal as Hub for Self-Driving Trucks
Waabi Innovation opened a terminal in Lancaster, Texas, to serve as the center of the company’s operations in the state, which are at the heart of the self-driving truck specialist’s ambitions.
April 30, 2024Stellantis Shipments Fall Amid Transition to New Vehicles
Stellantis NV said its first-quarter revenue decreased 12% to $44.7 billion compared to last year as the company transitions to making a number of next-generation vehicles.
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