Broker Landstar System reported second-quarter earnings per share of $1.48 Tuesday after the market closed. The result was 3 cents ahead of the consensus estimate but 37 cents lower year over year. The company previously guided to an EPS range of $1.35 to $1.55 for the quarter. Revenue of $1.23 billion was 11% lower y/y…
These are some highlights from the second-quarter earnings of Werner Enterprises (NASDAQ: WERN), prior to its earnings call with analysts late Tuesday. Total revenues were down 6% from the second quarter of 2023. Revenues of $760.8 million were about $9 million short of consensus forecasts, according to SeekingAlpha. Operating income was $19.6 million, down 58%….
WASHINGTON — The U.S. Justice Department is taking Norfolk Southern to court, alleging the railroad’s delays of Amtrak’s Crescent violate federal law. The civil complaint, filed Tuesday, in U.S. District Court for the District of Columbia, alleges NS regularly fails to give the Crescent preference over freight trains as required by statute, leading to delays…
A truck driver has been charged after he was involved in a crash on a North Carolina highway that left five people dead. Charles Christian Haskell, 51, of Las Vegas, was charged with five counts of death by motor vehicle after a crash involving his tractor-trailer on Interstate 95 in Wilson County on July 24. …
Global supply chain management system Altana has reached unicorn status – a $1 billion valuation – after closing a $200 million Series C investment led by the US Innovative Technology Fund (USIT) with participation from March Capital, Generation Investment Management, Salesforce Ventures, and Friends & Family Capital. “In this new era of globalization, it is…