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Amazon Starts Same-Day Deliveries From Stores in Metro Areas

Amazon.com Inc. has started delivering items from brick-and-mortar stores in a dozen metro areas, the e-commerce giant’s latest effort to make more products available for speedy delivery.

August 1, 2022

Universal Logistics Reports Record-Breaking Q2

Universal Logistics Holdings reported all-time highs for revenue, operating income and earnings per share in its second-quarter earnings report July 28.

July 29, 2022

CP Announces Q2 Earnings, Moves Forward With Efforts to Acquire KCS

Canadian Pacific Railway posted a drop in net income but an increase in revenue for the second quarter, as it confronts renewed opposition to its planned acquisition of Kansas City Southern Railroad.

July 29, 2022

Amazon Reports Strong Sales That Ease Fears of Slowdown

Amazon .com Inc. reported revenue that topped estimates and gave a strong sales forecast for the current quarter, allaying investor concerns about potential belt-tightening by inflation-rattled consumers. Shares jumped more than 10% in extended trading.

July 28, 2022

Congress Approves Semiconductor, Supply Chain Bill

Legislation to boost domestic semiconductor manufacturing while improving freight access along the nation’s supply chains was sent to President Joe Biden’s desk July 28.

July 28, 2022

Forward Air Reports Record-Setting Quarter for Q2

Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.

July 28, 2022

C.H. Robinson Reports Record Profits for Q2

C.H. Robinson Worldwide Inc. on July 27 reported record second-quarter profits as a strong pricing environment lifted results.

July 28, 2022

Norfolk Southern Posts Record Q2 Results

Norfolk Southern Corp. on July 27 posted record second-quarter financial results that beat the expectations of Wall Street analysts.

July 28, 2022

Senate Deal Includes EV Tax Credits Sought by Tesla, Toyota

A breakthrough deal between Sens. Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles, a big win for EV makers such as General Motors Co., Tesla Inc. and Toyota Motor Co.

July 28, 2022