Business
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Covenant Transportation sees ‘difficult operating environment’ in fourth quarter
Covenant Transportation sees significant year-over-year decline in earnings as excess capacity and higher costs persist.
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Truckload down, Dedicated up in Marten’s fourth quarter
Intermodal struggled while Brokerage also has a strong period.
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Driver abuse complaints continue to follow Amazon
Truck owner claims his employer and Amazon worked him “like a rented mule."
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Walmart asks court to reconsider jury award to drivers in California
Walmart argues that jury took things too literally in awarding back pay to California drivers
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737 MAX crisis undercuts Southwest Airlines’ profits
Southwest Airlines is the latest carrier to describe how the loss of capacity from the 737 MAX grounding is eating into profits.
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Jet engines bolster earnings at railcar lessor GATX
Spare aircraft engine dispositions stave off weakened demand for railcars in North America.
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Procter & Gamble misses sales expectations amid ‘challenging competitive’ marketplace
Procter & Gamble (NYSE: PG) released its fiscal year 2020 second-quarter results ahead of the opening bell on Thursday. The Cincinnati-based consumer products giant reported…
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Laws limiting independent contractors shine spotlight on driver leasing companies
Staffing agencies lease drivers to fleets stymied by employment regulations.
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Freight Futures daily curve: 1/23
National Trucking Freight Futures rise on Wednesday as the East region regains some luster.
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Heartland Express earnings miss partly related to recent acquisition
Heartland Express’ financial results were worse than expected in the fourth quarter of 2019. That said, a large acquisition shoulders more of the blame than…
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