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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

XPO Reports Revenue and Earnings Gains for Q4

XPO Inc. reported a year-over-year increase in revenue and earnings despite an overall softer freight environment during the fourth quarter of 2023, the company announced Feb. 7.

February 7, 2024

US House to Debate Water Permitting Bill

House Republican leaders indicated that as early as the week of Feb. 12, the GOP-led Creating Confidence in Clean Water Permitting Act would reach the floor of the chamber.

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

FMCSA Releases New Medical Examiner’s Handbook

More than eight years in the making, federal trucking regulators have finally approved a new — albeit scaled down — version of the 2024 Medical Examiner’s Handbook.

February 7, 2024

EPA Tightens Standards for Soot From Tailpipes, Smokestacks

The Biden administration is setting tougher standards for soot pollution, saying that reducing fine particle matter from industrial sources could prevent thousands of deaths a year.

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

US, EU Discuss Semiconductors, Cybersecurity, Supply Chain

The U.S. and European Union agreed to increase raw material sourcing for semiconductors and better align mutual cybersecurity protocols for infrastructure and businesses.

February 7, 2024

US Oil Output Expected to Flatline Until 2025

The U.S. sees oil production flatlining for most of this year before reaching a new record in early 2025. That would ease concerns about a supply glut that has weighed on prices.

February 6, 2024

Emissions Sensors Settlement Leaves Cummins Nursing Q4 Loss

A December settlement between Cummins Inc. and the federal government pushed the engine and component manufacturer’s results into the red in the fourth quarter of 2023, it said Feb. 6.

February 6, 2024