Daily Infographic: How the war redirected Ukraine’s grain exports

With Prime Day coming to an end Wednesday night, online businesses big and small are capitalizing on Amazon’s largest summer sale of the year to see a spike in profits. But increased product promotion and sales at discount prices aren’t just handed to e-commerce businesses on a silver platter. Those gaining most advantage from the…

ArcBest missed first-quarter expectations on Tuesday, reporting a net loss of $2.9 million, or 12 cents per share. The unadjusted result included a $21.6 million charge from the closure of a tech company it was backing. After adjusting for several items the company considers nonrecurring (various technology costs including a freight handling pilot, acquisition-related expenses…

Most performance measures at Ryder System in the second quarter were down from a year earlier but the company made a significant upward revision in its forecast for the remainder of this year. That was the key driver in the company’s stock performance Wednesday. At approximately 1:30 p.m. EDT, Ryder (NYSE: R) was up $6.21,…

Federal regulators are considering an ELD exemption for a truck driver who claims his money would be better spent on other safety issues. Arbert Ibraimi, a Chicago-area owner-operator, is requesting that the Federal Motor Carrier Safety Administration relieve him of the ELD requirement until Oct. 9  because buying an ELD “is virtually only practical for…

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Three of the nation’s largest medium- and heavy-duty truck makers snagged the apropos acronym PACT to advance electric truck infrastructure. Powering America’s Commercial Transportation intends to address the mismatch between battery-electric vehicle availability and inadequate zero-emissions vehicle (ZEV) infrastructure. PACT was established by Daimler Truck North America (DTNA), Navistar Inc. and Volvo Group North America….