Traton Q2 Profits Rise 4.4% Despite Navistar’s Mirror Woes
Transport Topics News
by Keiron Greenhalgh
7h ago
Traton’s profits rose in Q2 2024 as higher prices and South American demand trumped a slump in truck sales for Navistar’s International Trucks brand due to a shortage of mirrors ..read more
Visit website
Road to NTDC Spotlight: Nate Lewis
Transport Topics News
by Eugene Mulero
7h ago
For Nate Lewis, the National Truck Driving Championships is an occasion to celebrate his family's trucking legacy. The next chapter will be written in Indianapolis ..read more
Visit website
TFI to Put LTL, Truckload Units on Diets as Q2 Profit Falls
Transport Topics News
by Keiron Greenhalgh
10h ago
TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment ..read more
Visit website
Oil Drilling Recovery Unlikely This Year, Baker Hughes Says
Transport Topics News
by David Wethe
12h ago
Baker Hughes Co. lowered its expectations for U.S. shale activity, saying an anticipated recovery in oil drilling is no longer likely this year ..read more
Visit website
Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gains
Transport Topics News
by Keiron Greenhalgh
12h ago
Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period ..read more
Visit website
CMA CGM Reports Solid Volumes, Sees Rates Peaking
Transport Topics News
by Tara Patel
12h ago
CMA CGM SA reported a second-quarter jump in cargo volumes and signaled freight rates have probably peaked for now despite bottlenecks at Mediterranean ports ..read more
Visit website
Fed’s Preferred Inflation Gauge Cools
Transport Topics News
by Christopher Rugaber
16h ago
WASHINGTON — The Federal Reserve’s favored inflation measure remained low last month, setting the stage for the Fed to begin cutting interest rates this fall ..read more
Visit website
Norfolk Southern Profits Lifted by Insurance Payments
Transport Topics News
by Josh Funk
21h ago
Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous derailment, but it also made progress on its own ..read more
Visit website
GM’s Cruise Targets Resumption of Driverless Rides This Year
Transport Topics News
by David Welch
21h ago
Cruise is targeting a return to running fully autonomous rides later this year and possibly charging fares by early 2025, said people familiar with the matter ..read more
Visit website
Lineage’s Shares Climb Up to 5% After Biggest IPO Since Arm
Transport Topics News
by Amy Or and Bailey Lipschultz
21h ago
Temperature-controlled storage and logistics giant Lineage Inc. shares climbed as much as 5.4% in its debut as a public company after raising about $4.4 billion in the year’s largest IPO ..read more
Visit website

Follow Transport Topics News on FeedSpot

Continue with Google
Continue with Apple
OR