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, 2025Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
C.H. Robinson Reports 382% Earnings Jump for Q4
UPS Posts 1.5% Revenue Growth; Shares Fall on Amazon Deal
UPS Inc. experienced revenue and earnings growth despite a tougher freight market in the fourth quarter of 2024, the parcel delivery company reported Jan. 30.
January 30, 2025Caterpillar Forecasts Lower Revenue This Year
Caterpillar Inc. warned that revenue will be slightly lower in 2025 as demand concerns weigh on the outlook of the heavy equipment maker.
January 30, 2025Economy Grows Solid 2.3% From October to December
WASHINGTON The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.
January 30, 2025GOP Energy Coalition Pushes All-of-the-Above Strategy
Two of Donald Trumps former Cabinet secretaries are outlining a vision for American energy dominance that embraces all forms of power production even sources Trump has ridiculed.
January 30, 2025Passenger Jet Collides With Army Copter Near D.C.-Area Airport
ARLINGTON, Va. A jet carrying 60 passengers and four crew members collided Jan. 29 with an Army helicopter carrying three soldiers around 9 p.m. EST while landing at Ronald Reagan National Airport near Washington.
January 30, 2025Senate Confirms Lee Zeldin as EPA Chief in 56-42 Vote
Zeldin will help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of EVs.
January 29, 2025Cargill Cutting 1,100 Jobs With Arkansas Plant Closure
Cargill Inc. will shutter a turkey-processing plant in Arkansas, cutting about 1,100 jobs amid a downturn in both turkey and the broader agricultural sector.
January 29, 2025Trumps Commerce Pick Leaves CHIPS Act Direction Unclear
I cant say that I can honor something I havent read, Howard Lutnick, Trumps nominee for commerce secretary, said of the binding CHIPS Act awards in a confirmation hearing Jan. 29.
January 29, 2025Amerit Fleet Solutions Partners With New Mountain Capital
Amerit Fleet Solutions said it secured a majority investment from New Mountain Capital, positioning the fleet maintenance provider for nationwide expansion.
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