Maersk Slumps as It Unveils Second Loss Since World War II
A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark’s biggest company wrote down the value of some of the energy assets it plans to split off.
February 8, 2017Delphi Realizes Fourth-Quarter Gains
Delphi Automotive reported strong gains in net income plus increased revenue in the fourth quarter, while full-year results were slightly mixed.
February 8, 2017As Amazon Looks to Deliver Its Own Packages, Charlotte's Airport Is Part of the Strategy
As Amazon.com increasingly looks to deliver its own packages, the online retailer is using Charlotte as one of the building blocks for its “Prime Air” cargo service.
February 8, 2017Capitol Agenda for the Week of Feb. 6: The State of the State Fuel Tax
A growing number of governors are signaling support for increasing taxes on gas and diesel fuel because they no longer find Congress to be a reliable funding partner for infrastructure. Here's the week ahead for trucking on Capitol Hill.
February 8, 2017P.A.M. Profits Plunge 78% on Higher Operating Expenses
P.A.M. Transportation Services Inc. earnings plummeted 78% in the fourth quarter compared with the prior year, falling short of the consensus forecast of industry analysts.
February 8, 2017Trump’s Plan to Tap Offshore Profit for Infrastructure Gains an Ally
President Trump’s plan to use corporate profits returned from overseas to help finance nationwide improvements to roads, bridges, airports and other public works picked up an important supporter in the U.S. House: Rep. Bill Shuster.
February 8, 2017Mike Williams to Become Next CEO at uShip
Freight intermediary uShip has appointed Mike Williams its next CEO, effective Feb. 13.
February 8, 2017USA Truck Losses in Fourth Quarter 'Unacceptable,' New CEO Says
USA Truck Inc. lost money in the fourth quarter and for the full year in 2016, results that newly installed CEO James Reed criticized in a blunt assessment of the overall performance over the past 12 months.
February 7, 2017Corps of Engineers to Grant Dakota Access Oil Pipeline Easement
The U.S. Army Corps of Engineers said in a court filing it will grant Energy Transfer Partners LP the easement it needs to finish the controversial Dakota Access oil pipeline.
February 7, 2017FedEx Freight Expands in Kentucky With New Complex
FedEx Freight is stepping up its presence in Lexington, Kentucky, although the company won’t say by how much.
February 7, 2017