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Cemex CEO Fernando González to Step Down After 30 Years

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

February 10, 2025

Rivian Broadens Sales of Van Once Exclusive to Amazon

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, 2025

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, 2025

Werner Posts Q4 Declines in Profit, Revenue

Werner Enterprises reported year-over-year income and revenue declines during the fourth quarter of 2024.

February 7, 2025

Hub 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, 2025

Universal 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, 2025

Amazon 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, 2025

Purolator 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, 2025

FAA 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, 2025