Norfolk Southern officials are hoping for service improvements in the second half of 2023 following a first half marred by a number of prominent train derailments, most notably the February derailment in East Palestine, Ohio, of rail cars carrying vinyl chloride. “We are going to learn from this accident to become a safer company,” NS…
Daimler Truck looks like it will follow competitors Volvo Group and Paccar Inc. in handily beating estimates for its first-quarter financial performance. The German truck maker released preliminary results Monday that exceeded the consensus of analysts who cover the market-leading manufacturer. Specifically: Daimler Truck Group had adjusted earnings before interest and taxes of 1.16 billion…
Hawaiian Airlines can’t catch a break. Runway construction at its home base, engine supplier problems and other headaches outside its control continue to hamper the carrier’s return to profitability as it prepares to fly freighter aircraft for Amazon (NASDAQ: AMZN) for the first time. The challenges contributed to a $98 million loss during the first…
Sixty-foot extended semitrailers will soon be allowed to run across New Brunswick, as the province updates its long combination vehicle (LCV) guidelines. “One more piece of red tape has been […]
Logistics real estate operator Link Logistics announced Wednesday solid demand for its portfolio of final-mile logistics terminals. During the first quarter, the company signed new leases and renewals on 17.4 million square feet of space, which was an increase of 2.1 million square feet from the fourth quarter. Blended cash leasing spreads — a comparison…