29 Jul Amazon Delivers a Mixed Bag of Q2 Results NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits. Read more...
29 Jul Saia Reports Q2 Profit, Revenue Increases Saia Inc. reported large second-quarter increases in profit and revenue, helped by improved operating efficiency and the economic rebound from the COVID-19 recession. Read more...
29 Jul Norfolk Southern Posts Increase in Earnings, Revenue for Q2 Norfolk Southern Corp. saw increases in profit and revenue in the second quarter, the Class I railroad reported July 28. Read more...
29 Jul Senate Infrastructure Plan Receives Bipartisan Backing A vote in the U.S. Senate to launch debate on a comprehensive infrastructure bill and the passage of fiscal 2022 transportation funding in the House of Representatives coalesced to create an unofficial “infrastructure week” spearheaded by congressional funding proponents and the Biden White House. Read more...
29 Jul C.H. Robinson Reports Q2 Earnings, Revenue Spikes C.H. Robinson saw a 34.6% increase in net income during the second quarter, the company reported July 27. Read more...
29 Jul Pennsylvania Truckers Object to Proposed Doubling of Registration Fee A Pennsylvania’s transportation funding panel has proposed gas-tax alternative options that include a doubling of vehicle registration fees, which a state trucking leader said would lead to interstate trucking companies registering their trucks in other states. Read more...
29 Jul Ryder Reports Year-Over-Year Turnaround for Q2 Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28. Read more...
29 Jul Memphis I-40 Bridge Set to Reopen The Interstate 40 Hernando de Soto bridge, a major trucking corridor that runs over the Mississippi River and connects Memphis, Tenn., with Arkansas, will start reopening the week of Aug. 2 after being closed since May 11. Read more...
29 Jul Schneider Reports Large Rise in Q2 Earnings Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter. Read more...
29 Jul Used Class 8 Average Price Soars Past $60,000 The average price for a used Class 8 soared to a new high for the third consecutive month as June sales climbed year-over-year amid the lowest inventory levels yet in this cycle, ACT Research reported. Read more...