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Tesla CEO Elon Musk Correctly Called European Slump for April

Tesla Inc.鈥檚 deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musk鈥檚 prediction for 鈥渓umpy鈥 results.

May 3, 2019
BusinessLogistics

Averitt Expands Residential Delivery Options

Averitt Express has expanded its residential delivery network to provide shippers with a variety of direct-to-customer delivery options as demand for final-mile logistics services grows.

May 2, 2019
BusinessLogisticsTop 100

Western Express to Invest $88 Million, Add 225 Jobs in Tennessee

Western Express, a Nashville-based freight company, announced May 1 it will spend $88 million and add 225 jobs as it adds new technology, business services and back-office support at its headquarters and expands its truck fleet nationwide.

May 1, 2019
BusinessLogisticsTop 50

C.H. Robinson Beats Wall Street Expectations With 1Q Earnings

Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.

May 1, 2019
BusinessTechnologyLogistics

Ford Partners With Amazon to Enable Package Deliveries

Ford Motor Co. is the latest automaker opening its vehicles鈥 trunks to Amazon.com., entering a partnership to enable delivery of packages directly to millions of Ford and Lincoln models.

April 30, 2019
BusinessLogisticsTop 100

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, 2019
BusinessLogisticsTop 100

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, 2019
GovernmentBusinessTechnologyLogistics

Shanghai Tesla Factory Key to CEO Elon Musk鈥檚 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鈥檚 largest electric car market.

April 29, 2019
BusinessFuelLogisticsTop 100

Adoption of FA-4 Engine Oils Has Been Slow, but Early Tests May Point to Future Acceptance

The American Petroleum Institute鈥檚 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, 2019
BusinessLogisticsTop 100

Walmart Capable of Matching Amazon鈥檚 One-Day Pledge, Analyst Says

Walmart Inc. could easily match Amazon.com鈥檚 one-day delivery gambit, according to an analyst who worked at the world鈥檚 largest retailer.

April 26, 2019

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