North America
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FreightWaves Infographics
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FreightWaves Infographics
Trucking- 2019 North American TransBorder Freight Numbers
Total TransBorder Freight: $107.1B of TransBorder freight moved by all modes of transportation, down 3.3% compared to October 2018Most-used mode: Trucks moved $68.2 billion of…
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Air Cargo
Mexico City firm launches new digital platform to help customers track cargo from global markets
Eternity México recently launched ELIS, a new cloud-based platform to track international freight shipments in real-time between major markets from Asia to Latin America. ELIS…
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Asia-Pacific
Caterpillar earnings disappoint due to weaker China sales and higher production costs
Global equipment manufacturer Caterpillar’s (CAT) second quarter earnings disappointed analysts. The company cited a combination of tariffs, weaker sales in China and slower growth in…
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Logistics
DHL talks progress of Resilience360 at LINK 2019
DHL showcased its Resilience360 platform at the 2019 LINK Conference in Orlando
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Canada
Radiant Logistics achieves record financial milestones
Radiant Logistics (NYSE: RLGT) achieved record revenue of $260.9 million in the company’s fiscal second quarter (the fourth quarter of 2018).
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News
Cummins stocks level-off as company misses EPS, beats revenue
Shares of Cummins Inc. (NYSE: CMI) decreased by $0.47 on February 6 after the company missed the consensus expectations of fourth quarter earnings per share…
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Canada
Genesee & Wyoming Q4 earnings call
Genesee & Wyoming, Inc. (NYSE: GWR) beat fourth quarter revenue consensus estimates by $4.89 million. Revenue was expected to decrease by 0.2 percent year-over-year (Y/Y),…
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Canada
McKinsey forecasts global truck OEM profits by region to 2030
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.
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Autonomous Vehicles
Ford, Volkswagen announce partnership to jointly develop commercial vans, pickups
Ford will build vans and midsize pickups under an alliance formed with Volkswagen, while tapping into VW’s autonomous and electric expertise.
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