The level of stakeholder buy-in required to propel electrification in trucking cannot be overstated, as a single example in California illustrates.
February 3, 2025Search
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Tariff Fears Hit Autos, Chipmakers, China-Exposed Stocks
The threat of tariffs has loomed large over U.S. equities. Investors and strategists warn that high levies can reignite inflation in the country, and in turn, weigh on stocks.
January 31, 2025Economists Race to Assess Trump’s Tariff Plans
The potential fallout depends on the specifics of what President Donald Trump announces. It also depends on how Canada and Mexico respond.
January 31, 2025ArcBest Sees Profit, Revenue Declines in Q4 2024
The Fort Smith, Ark.-based logistics company posted net income of $29 million, or $1.24 a diluted share, for the three months ending Dec. 31.
January 31, 2025C.H. Robinson Reports 382% Earnings Jump for Q4
The Eden Prairie, Minn.-based logistics and shipping company on Jan. 29 posted net income of $149.3 million, or $1.22 a diluted share, for the three months ending Dec. 31.
January 30, 2025Uber Tests Price Lock Pass to Rival Lyft
Price-guarantee plans represent a potential new source of revenue for Uber, which said recently that a slowdown in U.S. rideshare bookings has been weighing on its core mobility unit.
January 28, 2025Senate Confirms Sean Duffy for DOT Secretary
WASHINGTON — Former congressman Sean Duffy was confirmed by a vote of 77-22.
January 28, 2025Atlas Energy Begins Driverless Truck Deliveries to Wells
Bulk carrier Atlas Energy Solutions began shipments of proppant on two driverless trucks equipped with self-driving technology from Kodiak Robotics recently, the companies said.
January 28, 2025Whole Foods CEO Buechel Named Amazon’s Grocery Chief
Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain’s technology and record-keeping systems.
January 28, 2025Covenant Logistics Q4 Profit Slides on Helene, Higher Costs
Covenant reported a profit of $6.7 million or earnings per diluted share of 24 cents in Q4, just over half the $12.8 million or 47 cents per diluted share profit posted in Q4 2023.
January 27, 2025