COLUMBUS, Ind. — Cummins Inc. CEO Jennifer Rumsey is moving the engine-maker and power distribution company forward after paying a record civil fine for emissions cheating that she said brought some over-the-top federal criticism. Cummins in December settled a 4 ½-year-old case by paying a civil fine of $1.675 billion to the Environmental Protection Agency….
Supply chain software provider Descartes again reported record quarterly results, noting it is “picking up a bunch of business from competitors.” Descartes (NASDAQ: DSGX) reported consolidated revenue of $148.2 million, a 19% year-over-year (y/y) increase, for its 2024 fiscal fourth quarter ended Jan. 31. Services revenue was up 20% to $135.7 million. The period benefitted…
Legislation aimed at reducing predatory billing against truckers who need towing services in Florida is expected to be signed into law by Gov. Ron DeSantis, according to a source familiar with the reforms. “We haven’t heard anything to the contrary, so we’re pretty confident the towing bill will be signed into law,” a Florida Senate…
This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday. FIRESIDE CHAT TOPIC: How to Use Data to Build a Competitive Advantage in Logistics DETAILS: John Stauffer explains that more data has become accessible with growing digital capabilities since 2007 when freight operations began to become automated. Companies have learned to leverage large volumes…
This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday. FIRESIDE CHAT TOPIC: How 3PLs Can Start Their Data Analytics Journey in the Age of AI DETAILS: Brian Armieri, a co-founder and managing partner of Third Axiom Solutions, which builds analytics and AI for transportation companies, talks about how 3PLs can use AI to…