Americold Third-Quarter Profit Lags, CEO Fired
Refrigerated warehouse operator Americold Realty Trust logged a large increase in third-quarter revenue, but earnings didn’t keep pace and dipped from the same period a year earlier. Americold also fired its CEO.
Revenue Rises, Profit Drops for Mullen Group in Q3
Canadian carrier Mullen Group Ltd. reported record revenue but saw profits decline in the third quarter.
Saia Posts Record Revenue in Q3
Strong freight demand helped less-than-truckload carrier Saia Inc. report record third-quarter revenue, profits and operating ratio.
Expeditors International Posts Large Q3 Profit Increase
Expeditors International of Washington posted third-quarter gains in profit and revenue as the logistics company capitalized on tight freight capacity and soaring prices.
Old Dominion Posts Record Quarterly Profits, Revenue
Old Dominion Freight Line posted large third-quarter increases in profits and revenue as it took advantage of tight freight capacity and focused on transitioning to more profitable accounts.
C.H. Robinson Posts Large Q3 Profit, Revenue Gains
C.H. Robinson Worldwide posted third-quarter gains in profit and revenue as it benefited from tight freight capacity.
UPS Reports Strong Third-Quarter Gains
UPS Inc.’s strategy to focus on more profitable segments of the shipping business paid off in the third quarter as its revenue per item shipped rose 13% and earnings climbed.
Volvo Income, Revenue Rise Despite Supply Chain Disruptions
Volvo Group reported strong third-quarter earnings and revenue gains in the face of chip shortages and other issues caused by global supply chain disruptions.
Aurora Details Rollout Plans, Readies Nasdaq Trading
Self-driving commercial vehicle developer Aurora Innovation Inc. has released details on how it will bring its technology to market, starting with autonomous trucking services in 2023.
FedEx, Paccar, Aurora Launch Autonomous Trucking Pilot
Aurora Innovation Inc., Paccar Inc. and FedEx Corp. launched a commercial pilot of autonomous trucking in Texas.