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US Ports End Year on High Note

U.S. ports capped off 2024 with solid growth, as most major facilities reported volume increases for December.

January 30, 2025

Lower Truck Sales, Higher Costs Hurt Volvo Q4 Profits, Margins

A decrease in truck sales in North America and Europe plus increased production costs in the U.S. dragged on Volvo Group AB profits in the fourth quarter of 2024, the company said Jan. 29.

January 30, 2025

Committee on Freight Policy Examines Panama Canal Operations

A Senate panel on Jan. 28 took aim at China’s involvement with operations at the Panama Canal and examined President Donald Trump’s economic strategy linked to travel by U.S. ships through the facility.

January 30, 2025

Infrastructure Shows Effects of Climate Change

Worldwide warming temperatures are hammering roads that were built for a different climate, ballooning repair budgets and sometimes cutting off communities from goods and services.

January 30, 2025

Changes Coming for Car and Pickup Fuel Efficiency

DETROIT — Hours after being sworn in as the new Secretary of Transportation, Sean Duffy took aim at the main way the federal government regulates miles per gallon for cars and pickup trucks.

January 30, 2025

C.H. Robinson Reports 382% Earnings Jump for Q4

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, 2025

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, 2025

Caterpillar 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, 2025

Economy 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, 2025