Union Pacific’s First-Quarter Profit Creeps Up 1%
Transport Topics News
by Josh Funk
20m ago
OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight ..read more
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Economic Growth Slowed Sharply Last Quarter to 1.6% Pace
Transport Topics News
by Paul Wiseman
21m ago
WASHINGTON — The nation’s economy slowed last quarter, growing at an annual rate of 1.6% in a sign that the high interest rates may be taking a toll on borrowing and spending ..read more
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Softer Global Truck Tire Demand Drags on Michelin Q1 Sales
Transport Topics News
by Keiron Greenhalgh
17h ago
Michelin posted a 4.1% year-over-year decrease in tire sales in the first quarter of 2024, citing softer overall demand in the truck and specialty tire segments ..read more
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New VTNA, Mack Tractors to Leave Plants With HVO in Tank
Transport Topics News
by Keiron Greenhalgh
17h ago
All Class 8 tractors rolling off VTNA and Mack Trucks production lines are set to depart manufacturing facilities with hydrotreated vegetable oil or renewable diesel in their fuel tanks ..read more
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DOT Grant Program Focuses on Commercial Ports
Transport Topics News
by Eugene Mulero
17h ago
The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape ..read more
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Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO
Transport Topics News
by Keiron Greenhalgh
20h ago
Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors ..read more
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ODFL Reports Q1 Revenue and Earnings Growth
Transport Topics News
by Connor D. Wolf
22h ago
Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24 ..read more
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Biden Makes $11 Billion Push to Beat China at Chip Research
Transport Topics News
by Mackenzie Hawkins
23h ago
The Biden administration is trying to turn cutting-edge semiconductor research into a more enticing field for Americans ..read more
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Traton Maintains Battery-Electric Decarbonization Focus
Transport Topics News
by Keiron Greenhalgh
23h ago
Navistar parent company Traton is standing firm in its belief that battery-electric trucks are the best alternative for trucking fleets looking to decarbonize their operations ..read more
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Buttigieg Announces Infrastructure Funds
Transport Topics News
by Eugene Mulero
23h ago
Assuring the country about the Biden administration’s efforts to improve connectivity along mobility corridors is atop Secretary Pete Buttigieg’s spring agenda ..read more
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