Business Archives

A white United Airlines jet takes off, view from the rear.

Eric Kulisch, Air Cargo EditorWednesday, October 20, 2021

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United Airlines makes more cargo revenue with less cargo

It’s an upside-down world when an airline makes more money flying less cargo than it did two years ago.

Noi MahoneyWednesday, October 20, 2021

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Covenant beats analysts’ expectations with $274M in revenue

Chattanooga-based Covenant benefited from an exceptionally strong freight market resulting from growing economic activity, low inventories and supply chain disruptions.

A photograph of a Canadian Pacific train in front of a grain elevator.

Joanna MarshWednesday, October 20, 2021

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Canadian Pacific courts customers weary of Southern California port congestion

The railway is working with customers and steamship lines to find opportunities to divert traffic from Los Angeles and Long Beach, executives said during CP’s…

ILWU members march. (Photo: Stephen Carr/Daily Breeze)

Scott Mall, Managing Editor of FreightWaves ClassicsWednesday, October 20, 2021

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FreightWaves Classics: Lockout at West Coast ports caused economic havoc in 2002

The 2002 lockout at West Coast ports backed up cargo ships. Read what happened and why in this FreightWaves Classics article.

Clarissa Hawes, Senior Editor, Investigations and EnterpriseWednesday, October 20, 2021

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Trucking, logistics firms left in lurch after auto parts supplier’s bankruptcy

Trucking companies, logistics firms and suppliers may be left in a lurch after an auto parts supplier filed bankruptcy after losing GM as a client.

Knight-Swift's big Q3 to be followed by a step higher in Q4

Todd MaidenWednesday, October 20, 2021

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Knight-Swift crushes Q3 expectations; all segments’ revenue, margins up

A look at how Knight-Swift Transportation blew past third-quarter expectations and raised its full-year guidance.

Alan AdlerWednesday, October 20, 2021

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Coming attractions: 2 autonomous trucking companies begin trading in November

Aurora Innovation and Embark Trucks will soon join TuSimple Holdings as stocks betting on the future of driverless trucks.

A photograph of a CN train traveling away from a high mountain range.

Joanna MarshWednesday, October 20, 2021

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CN CEO: Railway ‘not on the clock’ for choosing successor

In a quarterly earnings call, outgoing CEO JJ Ruest insists CN’s board of directors will conduct an extensive search for his successor. An activist investor…

John KingstonWednesday, October 20, 2021

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U.S. Bank’s Q3 Spend Index up 3.7x more than Shipments Index

U.S. Bank’s Spend Index does include the price of fuel, which has helped to drive it higher.

John Paul Hampstead, Director, Passport ResearchWednesday, October 20, 2021

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project44 initiates aggressive global expansion amid COVID, supply chain crisis

Overlapping crises have pushed the race for global visibility into a critical stage.