Knight-Swift Transportation Holdings reported greater second-quarter revenue and improved income across most of its divisions as it continued the coordination of the two firms after their merger last September.
July 25, 2018Search
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Chinese Startups Floor the Pedal in Driverless Car Race
A group of Chinese startups is accelerating efforts to get autonomous vehicles onto roads in the world’s biggest auto market, a country its American peers from Alphabet Inc.’s Waymo to General Motors Co.’s Cruise may find tough to crack.
July 25, 2018Norfolk Southern Reports Record 2Q Earnings
Norfolk Southern Corp. on July 25 reported record second-quarter earnings.
July 25, 2018UPS Reports Steady 2Q Income, Revenue
UPS Inc. reported solid second-quarter growth in revenue and profits despite charges taken for its voluntary retirement plan and efforts to upgrade the firm.
July 25, 2018CIT Group Plans to Expand Capital Equipment Finance Team
In an effort to expand its leasing and financing solutions to all stages of the supply chain, CIT Group Inc. said July 19 it is creating a Logistics Finance unit within its existing Capital Finance Business division.
July 24, 2018CN Rail Taps Interim Boss as CEO After Network Logjams Ease
Canadian National Railway Co. named Jean-Jacques Ruest as president and chief executive officer, four months after he took over as interim leader.
July 24, 2018Mexico Is Said to Push for NAFTA Agreement by End of August
Mexico is redoubling its efforts to reach a NAFTA agreement with the U.S. and Canada by the end of August to increase certainty for investors and take the heat off incoming President Andres Manuel Lopez Obrador, according to three people familiar with the negotiations.
July 23, 2018Rare Hedge Fund Bet Targets the World’s Biggest Shipping Firm
A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.
July 23, 2018Capitol Agenda for the Week of July 23: Come for the Plan, Stay for the Hope
Transportation Secretary Elaine Chao says hope is not lost for an intrastructure plan. Here's a look at the week ahead for trucking on Capitol Hill.
July 23, 2018Missouri Sen. Claire McCaskill Pushes Back on Privatizing Postal Service
Restructuring the federal government to make it more efficient and accountable is an idea Missouri Sen. Claire McCaskill says she can get behind.
July 20, 2018