“Growth is increasing at an increasing rate” across most components of the supply chain, according to a Tuesday report. The Logistics Managers’ Index stepped 2.3 percentage points higher from March to 74.5% in April. This was the second-highest reading the…
Maine-based drivers serving New England’s Shaw’s supermarket chain have walked off the job over the lack of a new labor agreement. Press reports said the walkout began Monday. An Associated Press report quoted business agent Joe Piccone of Teamsters Local…
Engine maker Cummins Inc. (NYSE: CMI) expects full-year 2021 sales to rise as much as 24% following consensus-crushing Q1 revenue and profits. First-quarter revenues of $6.1 billion rose 22% over $5 billion the same quarter in 2020. Q1 net income…
To learn more about FreightWaves SONAR, click here.
Congressional leaders and regulators are looking at ways Amtrak can improve its on-time performance, and they’re employing different tactics to get to that goal. The freight railroads factor into Amtrak’s ability to meet certain on-time performance metrics because the railroads…
The Eagle Group is a diverse group of five privately held companies that has grown from a livery company founded in 1903 in Wenatchee, Washington. Wenatchee is located on Washington state’s eastern plateau between the Cascade Mountains to the west…
From PayPal to Gr4vy. John Lunn, a leading executive with Paypal (NASDAQ: PYPL) during his time leading the company’s Developer and Start-up Relations division, has come back to the payments business with a new firm, Gr4vy. After that stint in…
Commercial driveline supplier Meritor Inc. (NYSE: MTOR) reported higher sales and earnings for its fiscal second quarter despite a tough comparison with the year-ago period. The Troy, Michigan-based company reported sales of $993 million compared to $871 million in the…
Wall Street didn’t like Clorox’s earnings report late last week. There were analyst downgrades and shares are down from where they were a week ago and down 10% from their level three months ago. The company is in a tough…
Management from ArcBest Corp. (NASDAQ: ARCB) said a “robust demand” environment has them already thinking about the 2022 capital expenditures budget during a call with analysts Tuesday. The company is looking to improve its capacity profile to capture the incremental…
Recent Comments