Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.
February 10, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Trump Maintains Duty-Free Exception on Chinese Goods
President Donald Trump said he would maintain the duty-free exception for low-value packages coming from China until “adequate systems are in place to fully and expediently process and collect tariff revenue.â€Â
February 7, 2025Werner Posts Q4 Declines in Profit, Revenue
Werner Enterprises reported year-over-year income and revenue declines during the fourth quarter of 2024.
February 7, 2025Hub Group Q4 Profit Falls Despite Intermodal Volume Growth
Fourth-quarter and full-year profit and revenue at Hub Group fell as lower revenue per load outweighed increased intermodal volume amid an ongoing weak freight market, the company said.
February 7, 2025Universal Logistics Reports 19% Gain in Q4 Revenue
Universal Logistics Holdings experienced a 19% year-over-year increase in revenue but a slight dip in net income for the fourth quarter of 2024, the company reported Feb. 6.
February 7, 2025Amazon Posts Strong Q4 Earnings, but Stock Dips on Q1 Outlook
Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.
February 7, 2025Purolator Buys Livingston to Boost International Operations
Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international growth play, particularly as the threat of trade wars grows.
February 6, 2025FAA Slows Reagan Airport’s Flight Arrival Rate
U.S. aviation safety regulators are slowing the rate of arrivals at Ronald Reagan airport to help ease the strain on air traffic controllers after last week's deadly midair collision.
February 6, 2025Panama Leader Denies Trump Claim of Free Canal Passage
Panama President Jose Raul Mulino denied that his government had granted free passage for U.S. government ships through the Panama Canal.
February 6, 2025Transportation M&A Gains Momentum in Late 2024
The transportation sector saw merger and acquisition activity gain momentum as market conditions stabilized in the second half of 2024, according to experts.
February 7, 2025