Forward Air Reports Revenue, Earnings Records for Q1
Forward Air Corp. set all-time quarterly records for revenue, net income and earnings per diluted share during the first quarter, the company reported April 27.
April 28, 2022Amazon Falls, Projects Slower Growth as Online Sales Stall
Amazon .com Inc. projected sluggish second-quarter sales growth, as consumers reduce their online spending amid rising inflation and a return to pre-pandemic activities. The shares plunged about 10% in extended trading.
April 28, 2022C.H. Robinson Posts Record Q1 Profits
Strong freight demand across its network powered C.H. Robinson Worldwide to record first-quarter profits.
April 28, 2022Pete Buttigieg Touts Infrastructure Funding During Budget Hearing
The country’s top transportation officer called on Senate funding leaders to approve the White House’s fiscal 2023 budget, one he said aims to modernize passenger and freight corridors with the goal of enhancing the economy.
April 28, 2022Top Democrats Push for FTC Crackdown on High Gas Prices
WASHINGTON — Citing growing worries about high gasoline prices, Democratic leaders announced an effort April 28 to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
April 28, 2022Driving ROI: The Business Case for Toll Management
Program Aired: April 28, 2022. Do you know how much your decisions are impacting your tolling expenses? Most fleets don’t, as there is no unified database of tolling spend. The problem is even more complex when fleets operate in different regions or nationally. Join our webinar to learn about implementing a toll management solution can generate 90% ROI in just 6 months.
April 28, 2022Covenant Logistics Posts $291.6 Million in Revenue for Q1
Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.
April 28, 2022Nikola Sees Energy Transition in Arizona Desert
COOLIDGE, Ariz. — Several customers’ recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.’s new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikola’s first-ever quarterly revenue.
April 28, 2022Rivian Reaches Deal in Georgia for Environmental Standards
A development authority east of Atlanta has voted to approve an “economic development agreement” for the planned $5 billion Rivian factory, outlining terms with the electric vehicle company, including environmental standards and taxpayer-backed incentives.
April 28, 2022Dana Reports Gain in Q1 Revenue, Lower Net Income
Dana Inc. reported first-quarter net income dropped and revenue slightly increased.
April 28, 2022