September Trailer Orders Clear 28,000; Uncertain Conditions Persist
U.S. trailer orders in September reached the third-highest level this year, clearing 28,000. But that was far short of year-ago volumes, according to ACT Research.
October 21, 2021Sutton Transport Acquires CRH Transportation’s LTL Division
Sutton Transport entered into an agreement Oct. 20 to purchase the less-than-truckload division of CRH Transportation.
October 21, 2021Amazon Staten Island Warehouse Workers Lead Push to Unionize
More than 2,000 workers at four Amazon.com Inc. facilities in Staten Island have signed a petition asking federal labor officials to greenlight an election to form a new union, according to organizers, the latest spasm of labor strife between the e-commerce giant and its employees.
October 21, 2021Landstar Reports Record Earnings, Revenue for Q3
Landstar System Inc. saw revenue and earnings reach records during the third quarter of 2021, the company reported Oct. 20.
October 21, 2021Volvo Warns More Chip Woes Will Curtail Truck Production
Volvo Group said the chip shortages and supply chain snarls will continue to cap truck making, leaving the Swedish manufacturer with little choice but to turn away some customers.
October 21, 2021CSX’s Q3 Earnings Beat Street Expectations
CSX Corp. announced third-quarter earnings that beat Wall Street analysts’ expectations. The Class I railroad's net income rose 32% to $968 million compared with $736 million in 2020.
October 21, 2021Union Pacific Reports Strong Q3 Earnings
As freight volumes surge, Omaha, Neb.-based Union Pacific Railroad reported strong third-quarter results that significantly exceeded the company’s report from this time last year and beat Wall Street analysts’ expectations.
October 21, 2021Tesla Concerned About NHTSA’s Safety Pick
Elon Musk and thousands of Tesla Inc.’s die-hard fans and customers are in an uproar about NHTSA’s new pick as its senior safety adviser.
October 21, 2021Ford’s Maverick Hybrid Pickup Truck Nearly Sold Out for 2022 Model Year
Ford Motor Co.’s new Maverick tiny truck is nearly sold out for the 2022 model year in its standard setup with a gas-electric hybrid propulsion system.
October 21, 2021Covenant Reports $274.6 Million in Revenue for Q3 2021
Covenant Logistics Group Inc. saw revenue increase to $274.6 million during the third quarter of 2021, the company reported Oct. 20.
October 21, 2021