Electric carmaker Tesla Inc. (NASDAQ: TSLA) reported record net income of $438 million in Q1 on $10.39 billion in revenue, slightly short of analyst expectations for revenue. The company provided no updates on the long-delayed Semi tractor, saying only it…
The number of container ships stuck at anchor off Los Angeles and Long Beach is down to around 20 per day, from 30 a few months ago. Does this mean the capacity crunch in the trans-Pacific market is finally easing?…
Covenant Logistics Group (NASDAQ: CVLG) turned in a strong performance in the first three months of the year, declaring it the strongest first quarter earnings in the company’s history. Non-generally accepted accounting principles earnings of 56 cents per share blew…
A California freight forwarder filed Chapter 7 bankruptcy last week, collectively owing transportation and logistics companies more than $884,000. Dsecargonet Inc., formerly doing business as Global Partners Logistics USA Inc., of Torrance, California, filed its petition in the U.S. Bankruptcy…
The company, which started its activity in the country in 2018, already has a construction project backlog of 575 million euros. Sacyr Ingeniería e Infraestructuras has won a new contract in the State of Texas (USA) to build an 8.2…
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