Trimble’s Transporeon report identifies key developments impacting the future of truckload transportation in North America, including concerns about freight fraud.
Planned Battery Plant Capacity in North America by 2030
DHL Express is constantly investing in its network, but the growth of e-commerce is accelerating expansion of its operations.
Learn more about CIE Manufacturing’s Pioneer Container Chassis line.
DHL Supply Chain North America will provide three months of fully paid maternity leave starting Jan. 1 as part of a push to recruit, retain and promote women in its management ranks.
German company picks DHL Supply Chain in North America for its flexible and efficient logistics platform to handle sophisticated medical equipment.
Total TransBorder Freight: $107.1B of TransBorder freight moved by all modes of transportation, down 3.3% compared to October 2018 Most-used mode: Trucks moved $68.2 billion of freight, down 2.7% compared to October 2018
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 (Eternity Logistics Intelligent System) was unveiled recently during Eternity México’s two-year anniversary celebration in Mexico City, where company officials also unveiled a new logo and rebranding campaign. Nicolás Portenza, president […]
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 the Permian Basin for the declines. The Deerfield, Illinois-based company reported a 5.1 percent decrease in second quarter net income to $1.62 billion, or $2.83 per share, compared with $1.71 […]
DHL showcased its Resilience360 platform at the 2019 LINK Conference in Orlando
Radiant Logistics (NYSE: RLGT) achieved record revenue of $260.9 million in the company’s fiscal second quarter (the fourth quarter of 2018).
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 (EPS) of $3.81 by 8.6 percent, according to Seeking Alpha. Non-GAAP EPS was only $3.48.
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), but it increased 0.7 percent Y/Y from $571.6 million to $575.6 million, according to Seeking Alpha. GWR also beat fourth quarter consensus earnings per share (EPS) estimates of $0.89 by $0.11 to $1.00.
Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.
Ford will build vans and midsize pickups under an alliance formed with Volkswagen, while tapping into VW’s autonomous and electric expertise.
Volvo Trucks will introduce an all-electric truck in California next year before making them commercial available in North America in 2020, the company said.
