Schneider National saw third-quarter earnings surge 147% from last year, using its 鈥渟caled and diversified platform鈥 to deliver solutions, the carrier reported Oct. 28.
October 28, 2021BusinessTechnologyFuelTCA
GM Factory ZERO Grand Opening Event Marks Automaker's Growth in EV
General Motors will host the grand opening of Factory Zero in Detroit-Hamtramck next month to start building new electric vehicles, the automaker said Oct. 27.
October 28, 2021GovernmentBusiness
US Posts Weakest GDP Growth of Pandemic Recovery
U.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment.
October 28, 2021GovernmentBusiness
Biden Heads to Capitol to Push Agenda, Unite Democrats
President Joe Biden headed to Capitol Hill early Oct. 28 to make the case to House Democrats for a dramatically scaled-back domestic policy package, $1.75 trillion of social services and climate change programs the White House believes can pass the 50-50 Senate.
October 28, 2021BusinessTechnology
ATA Addresses Key Issues at MCE
NASHVILLE, Tenn. 鈥 Trucking industry leaders addressed key challenges including a worsening labor shortage and supply chain bottlenecks and looked forward to a long-sought win on infrastructure funding during American Trucking Associations鈥 2021 Management Conference & Exhibition.
October 28, 2021BusinessFuel
Ford Shatters Estimates as Sales Increase, Resuming Dividend
Ford Motor Co., charging forward with big investments in electric vehicles, reported third-quarter results that beat analysts鈥 expectations as chip shortages eased and sales grew.
October 27, 2021BusinessTechnologyEquipmentTop 100
September Shatters Already High Used Class 8 Prices
In a market growing even hotter in September, the average price for a used Class 8 and for a 3-year-old Class 8 set records, blowing past those set a month earlier. The average price for an 8-year-old heavy-duty used truck even took an unexpected and dramatic leap higher, ACT Research reported.
October 27, 2021BusinessLogisticsTop 50
Echo Global Logistics Reports Income, Profit Gains
Echo Global Logistics reported gains in both income and profit for the third quarter as it took advantage of strong freight demand and tight supply.
October 27, 2021BusinessTechnologyEquipmentTop 100
Ryder Reports Strong Q3, Beats Expectations
Vehicle leasing and rental company Ryder System Inc. reported strong third-quarter earnings on Oct. 27, exceeding Wall Street analysts鈥 expectations.
October 27, 2021BusinessLogisticsTop 100
Old Dominion Posts Record Quarterly Profits, Revenue
Old Dominion Freight Line posted large third-quarter increases in profits and revenue as it took advantage of tight freight capacity and focused on transitioning to more profitable accounts.
October 27, 2021