23 Oct UPS Predicts Record Holiday Season UPS Inc. says it has been preparing for what it expects to be a record-breaking holiday shipping season by building additional automated facilities and adding jets to its fleet to handle more packages as online shopping continues to grow. Read more...
23 Oct Pennsylvania’s Gas Politics Churn as Trump Embraces Industry EXTON, Pa. — For a second time in three months, President Donald Trump is headed to Pennsylvania to promote his support for the natural gas industry, making clear that he sees his pro-industry policies as a boost to his chances of winning the battleground state. Read more...
23 Oct Colonial Pipeline Eyes Expansion for Nashville Jet Fuel Demand The busiest U.S. fuel pipeline might expand jet fuel deliveries to respond to growing demand in Nashville. Read more...
22 Oct CN Reports Strong Q3 Earnings, but Officials Say Rail Volume is Dropping Canadian National Railway joined the growing list of Class 1 railroads to report strong third-quarter financial results, and at the same time drive down costs by improving efficiency by adopting the principle of precision scheduling railroading. Read more...
22 Oct Covenant Transportation Posts $3.2 Million Net Loss in Q3 Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018. Read more...
22 Oct Federal Officials Highlight Disaster Mitigation Program WASHINGTON — A Federal Emergency Management Agency official addressing a House transportation panel Oct. 22 touted a disaster mitigation program established last year. Read more...
22 Oct Chevron Sees ‘Boom Boom Boom’ Permian Despite Signs of Slowdown Chevron Corp. sees a “boom boom boom kind of economy” in West Texas, shrugging off signs of a Permian Basin slowdown showing up in everything from jobs to hotel rooms. Read more...
22 Oct ATA’s Truck Tonnage Index Rises 3.5% Over September 2018 Truck tonnage for the month of September rose 3.5% compared with year-ago levels, and inched up on a sequential basis over August 2019, according to American Trucking Associations' For-Hire Truck Tonnage Index. Read more...
22 Oct Labor Shortage Hits Denver Rush Hour With Light-Rail Cuts The U.S. labor shortage is taking a toll on Denver’s rush hour. Read more...
22 Oct Lyft Forecasts Profit by End of 2021, Sending Shares Surging Ride-hailing company Lyft Inc. is expected to turn a profit by the end of 2021, a year earlier than analysts had expected, company executives said. Read more...