Business

Werner Enterprises posted net income of $53.7 million, or 82 cents a diluted share, for the first quarter, compared with $46.5 million, 68 cents, during the same time the previous year, the company reported May 3.

Uber Technologies Inc. delivered a positive outlook for earnings in the current period, signaling the company plans to capitalize on robust ride demand without compromising profits by focusing on product changes, rather than incentives, to address the driver shortage.

A.P. Moller Maersk A/S lost more than $700 million in the first quarter from the war in Ukraine as it counts the cost of exiting Russia, according to the shipping giant.

Daseke Inc. experienced a 26% increase in revenue year-over-year for the first quarter, the company reported May 3.

Meritor Inc. reported fiscal second-quarter net income dipped and revenue increased primarily driven by higher truck production in most global markets and pricing actions.

LAS VEGAS — As large corporations make bold pledges to achieve carbon neutrality in the coming decades, they are increasingly looking at their supply chains as an opportunity to make progress toward those goals.

Cummins Inc. reported first-quarter net income fell as it posted all-time record quarterly revenue.

A gauge of logistics stress in the U.S. economy eased in April as freight transportation cooled, a sign that the broader economy is downshifting to a speed that remains expansionary.

The Pennsylvania Motor Truck Association is raising alarm about the possible costs to motor carriers of a tolling proposal from the state’s Department of Transportation to pay for upgrades to as many as nine highway bridges.

The new Joint Office of Energy and Transportation has helped 44 states in the past two months with technical assistance as part of the White House’s $7.5 billion deployment to build a national electric vehicle charging network.