Werner Enterprises Revenue, Net Income Rise in 1Q
Werner Enterprises Inc., a transportation and logistics company, said its total revenue for the first quarter ending March 31 increased 6% to $596.1 million versus the prior year quarter, primarily attributable to dedicated fleet expansion, higher contractual rates and lane-mix changes.
April 30, 2019Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Celadon Group Sells Intermodal Operations to Bison Transport
Celadon Group Inc. sold its North American container-on-flatcar intermodal operations to Bison Transport of Winnipeg, Manitoba, according to an April 26 press release.
April 29, 2019Shanghai Tesla Factory Key to CEO Elon Musk’s Ambitions
Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world’s largest electric car market.
April 29, 2019Adoption of FA-4 Engine Oils Has Been Slow, but Early Tests May Point to Future Acceptance
The American Petroleum Institute’s latest heavy-duty engine oil standards, designated CK-4 and FA-4, have been on the market for more than two years, but only CK-4 lubricants have by and large replaced the previous CJ-4 formulation.
April 29, 2019Walmart Capable of Matching Amazon’s One-Day Pledge, Analyst Says
Walmart Inc. could easily match Amazon.com’s one-day delivery gambit, according to an analyst who worked at the world’s largest retailer.
April 26, 2019Marten Transport Posts Record Results in First Quarter
Marten Transport Ltd. reported its best first-quarter operating revenue in the company’s 73-year history, according to an April 16 news release.
April 25, 2019Amazon Will Spend $800 Million to Move to One-Day Delivery
Amazon.com will spend $800 million in the current quarter to increase delivery speed for Prime members to one day from two, the company announced April 25.
April 25, 2019Amazon’s Profit Surges on Cloud Computing, Advertising Gains
Amazon.com reported quarterly profit that exceeded analysts’ estimates, demonstrating the company’s focus on cloud computing, advertising and other high-margin businesses continues to pay off.
April 25, 2019TFI International Reports Record Results for 1Q
Another quarter, another record for TFI International when the Montreal-based conglomerate released its first-quarter financial report April 23.
April 25, 2019Old Dominion Posts Record Per-Share Results in 1Q
Old Dominion Freight Line beat the Wall Street consensus estimate on its earnings per share when the Thomasville, N.C., less-than-truckload carrier reported first-quarter results April 25.
April 25, 2019