08 Feb Delphi Realizes Fourth-Quarter Gains Delphi Automotive reported strong gains in net income plus increased revenue in the fourth quarter, while full-year results were slightly mixed. Read more...
08 Feb As Amazon Looks to Deliver Its Own Packages, Charlotte's Airport Is Part of the Strategy As Amazon.com increasingly looks to deliver its own packages, the online retailer is using Charlotte as one of the building blocks for its "Prime Air" cargo service. Read more...
08 Feb P.A.M. Profits Plunge 78% on Higher Operating Expenses P.A.M. Transportation Services Inc. earnings plummeted 78% in the fourth quarter compared with the prior year, falling short of the consensus forecast of industry analysts. Read more...
08 Feb Allison Reports Higher Fourth-Quarter Net Income as Revenue Dips Allison Transmission Holdings Inc., the largest global provider of commercial-duty fully automatic transmissions, reported higher net income in its fourth quarter, based on various adjustments as sales fell 2% year-over-year. Read more...
08 Feb Maersk Slumps as It Unveils Second Loss Since World War II A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark's biggest company wrote down the value of some of the energy assets it plans to split off. Read more...
08 Feb Mike Williams to Become Next CEO at uShip Freight intermediary uShip has appointed Mike Williams its next CEO, effective Feb. 13. Read more...
07 Feb Corps of Engineers to Grant Dakota Access Oil Pipeline Easement The U.S. Army Corps of Engineers said in a court filing it will grant Energy Transfer Partners LP the easement it needs to finish the controversial Dakota Access oil pipeline. Read more...
07 Feb Port Everglades Cargo Volume Rises to Highest in 90 Years The final month of 2016 produced record-setting cargo movement through Port Everglades and marked the highest producing month in its 90-year history, port officials announced. Read more...
07 Feb Oil Declines on Projected US Crude, Gasoline Supply Gains Oil dropped to the lowest in more than two weeks amid estimates that U.S. crude and gasoline inventories continue to climb. Read more...
07 Feb Job Openings Little Changed in December as Hiring Rises Slightly Job openings were little changed at still-elevated levels in December, signaling steady progress in U.S. employment, a Labor Department report showed Feb. 7. Read more...