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Reefer Unit Powers Carrier Global to 55.6% Q4 Profit Hike

Profits at Carrier Global jumped 55.6% year-over-year in the fourth quarter on the back of higher refrigeration unit sales and improved operating margins.

February 7, 2024

Werner Enterprises Reports Revenue, Profit Decline for Q4

Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.

February 7, 2024

San Clemente Landslide Forces San Diego Rail to Halt Again

Freight trains to and from the Port of San Diego were suspended again the night of Feb. 6 by a slow-moving landslide that threatens the tracks at San Clemente, Calif.

February 7, 2024

Averitt Bolsters Nashville Presence With Upgraded Facilities

Averitt Express expanded three of its key facilities as part of an ongoing effort to strengthen its foothold in Nashville, Tenn., the company announced Jan. 31.

February 6, 2024

STB Modifies Performance Requirements for Class I Railroads

Changes are being made in a nearly 2-year-old federal government requirement regarding performance levels at four Class I freight railroads.

February 6, 2024

Cincinnati Airport Deploys Autonomous Baggage Handling EVs

Cincinnati/Northern Kentucky International Airport is using devices known as Auto-DollyTugs, electric autonomous vehicles complete with “robotic arms,” to handle baggage and cargo.

February 6, 2024

Uber Freight Unveils Pilot for New Scheduling API

Uber Freight is piloting a new scheduling application programming interface that aims to foster seamless communication across its network, the company announced Feb. 5.

February 5, 2024

San Diego Freight Trains Keep Running Despite Landslide Risk

Freight trains, unlike passenger trains, have resumed running across the tracks beneath a San Clemente, Calif., landslide that continues to threaten San Diego County’s only rail link with the rest of the United States.

February 5, 2024

Amazon Beats Revenue and Profit Expectations for Q4

Amazon on Feb. 1 reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season.

February 2, 2024