C.H. Robinson’s Net Income Up 6.3% in 2Q
C.H. Robinson Worldwide reported net income for the quarter ended June 30 came in at $169.2 million, up 6.3% from $159 million in the second quarter a year ago.
July 31, 2019Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon
A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com.
July 31, 2019Fiat Chrysler Surges From North American Sales of Ram, Jeep Models
Fiat Chrysler Automobiles NV jumped the most in two months after soaring sales of its Ram pickup truck delivered higher profits in North America and offset weakness in Europe.
July 31, 2019Employment Costs Rise Less Than Expected in Second Quarter
Employment costs rose less than estimated in the second quarter as worker pay raises held steady while benefit gains decelerated, suggesting inflation pressures remain muted.
July 31, 2019Oil Trades Near Two-Week High on Tighter Supply, Mideast Risks
Oil traded near a two-week high in New York amid signs of a further drop in U.S. stockpiles and ongoing concerns that political friction in the Persian Gulf could disrupt exports.
July 31, 2019Regulatory, Legal Guidance Could Soon Provide Clarity on the Transport of Hemp
Potential solutions to some of the vexing problems that truckers and law enforcement are facing regarding the transportation of legal hemp across state lines could be coming soon.
July 31, 2019Senate Panel Advances Five-Year Transportation Bill
A five-year, $287 billion highway policy measure was advanced by a Senate panel July 30, setting in motion Congress’ journey to update the country’s surface transportation programs.
July 30, 2019Hub Group Reports Record Earnings Per Share for 2Q
Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release.
July 30, 2019Freight, Agriculture Stakeholders Express Support for USMCA Trade Deal
WASHINGTON — Derek Leathers, the top executive of Werner Enterprises, joined other business leaders for a hearing on Capitol Hill on July 30 to call on lawmakers to approve a landmark new trade deal with Canada and Mexico.
July 30, 2019Ryder Reports Record 2Q Revenue, Up 7%
Ryder System Inc. reported higher earnings and record revenue in the second quarter in all three business segments, reflecting new business and higher volumes.
July 30, 2019