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News
Covenant beats expectations, delivers upbeat forecast
The Chattanooga, Tennessee-based truckload carrier said the outlook is for continued operational progress during 2022.
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Air Cargo
American’s record Q4 cargo revenue eases sting of $921M loss
Among the major U.S. passenger carriers, United Airlines was the big winner in cargo performance during 2021.
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Air Cargo
In air cargo bull market, United flies dog food and mayo
It’s a sign of the supply chain times when customers are renting entire planes from United Airlines to haul low-value commodities like mayonnaise.
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Air Cargo
Delta Cargo celebrates diamond anniversary with $1B of revenue
Delta Air Lines is on the path to recovery from the depths of the coronavirus pandemic, but omicron remains a hurdle.
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Newsletters
Loaded and Rolling: ATRI on driver satisfaction; trailer material shortages; carrier income at record levels
ATRI research on truck driver motivations and satisfaction (SOURCE: American Transportation Research Institute) The American Transportation Research Institute released results on its analysis on what…
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Company earnings
Berkshire Grey struggles in first quarter as public company
Berkshire Grey’s revenue was up 750% year-over-year, but it still missed on analyst expectations, more than tripled its net loss and more than doubled its…
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Business
A tale of 2 food apps: Uber Eats grows, DoorDash finds new verticals
Both Uber Eats and DoorDash surprised investors, but not in the ways one might think.
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Company earnings
DoorDash posts mixed earnings, acquires Wolt for $8.1B
Domestic headwinds were balanced out by an international expansion as DoorDash stock popped 10% in post-market trading.
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Air Cargo
European airlines boost capacity, cargo sales as US reopens to travel
Airlines are growing more optimistic about their recovery from the pandemic as the U.S. reopens its borders. Cargo is riding the coattails of the passenger…
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Air Cargo
Increased flying for Amazon Air helps ATSG to record Q3 revenue
ATSG is hitting on all cylinders with its aircraft leasing and cargo airline units, as third quarter results demonstrate.
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