Business

Northern Kentucky’s footprint for logistics, distribution, transportation and cargo businesses has recently grown with three company expansions totaling $17.4 million.

The new House Republican majority recently launched its oversight agenda of the Biden administration’s energy policy portfolio.

Schneider experienced an 18% year-over-year drop in fourth-quarter earnings, the company reported Feb. 2.

Old Dominion Freight Line capped a record-setting year with revenue and earnings increases in the fourth quarter of 2022, the company reported Feb. 1, one day after revealing its leadership transition plan.

TuSimple Holdings Inc., an autonomous trucking startup that’s been the subject of U.S. investigations, said it hasn’t shared self-driving technology with another startup with Chinese ties.

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.

U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve.

LAS VEGAS — Electric and autonomous vehicles can help build more sustainable and efficient supply chains, but the freight transportation sector will need to overcome various challenges to realize their potential.

LAS VEGAS — The leader of Daimler Truck North America’s autonomous technology division said the path to self-driving trucking will advance through partnerships like those her company has forged, and believes the outcome of such collaborations will ultimately benefit motor carriers.

WASHINGTON — The Federal Reserve extended its fight against high inflation on Feb. 1 by raising its key interest rate by a quarter-point, its eighth hike since March.