30 Apr Employment Costs Rise 0.7% in First Quarter U.S. employment costs held up at a steady pace in the first quarter as wages firmed, signaling some buildup of inflationary pressures that could still spur pickups in otherwise-muted price gauges. Read more...
30 Apr Farmers Go Organic in Search of Millennial Dollars in Grain Glut While the number of farms overall in the United States from 2012 has shrunk, the number of organic growers has surged, according to the latest census from the U.S. Department of Agriculture. Read more...
30 Apr Canadian Carrier Mullen Reports Record Revenue in 1Q Canadian company Mullen Group Ltd. increased revenue by C$27.5 million, or 9.4%, to $319.6 million in the first quarter, according to a news release. Read more...
30 Apr Werner Enterprises Revenue, Net Income Rise in 1Q Werner Enterprises Inc., a transportation and logistics company, said its total revenue for the first quarter ending March 31 increased 6% to $596.1 million versus the prior year quarter, primarily attributable to dedicated fleet expansion, higher contractual rates and lane-mix changes. Read more...
29 Apr Diesel Climbs 2.2¢ to $3.169 a Gallon The U.S. average retail price of diesel climbed 2.2 cents to $3.169 a gallon, as crude oil stabilized around $63 per barrel, the U.S. Department of Energy reported April 29. Read more...
29 Apr Celadon Group Sells Intermodal Operations to Bison Transport Celadon Group Inc. sold its North American container-on-flatcar intermodal operations to Bison Transport of Winnipeg, Manitoba, according to an April 26 press release. Read more...
29 Apr Wabco Reports Declines in 1Q Wabco Holdings Inc. reported lower first-quarter net income and revenue as truck and trailer production declined globally. Read more...
29 Apr CARB Staff White Paper: Significant Reductions in NOx ‘Technically Achievable and Cost-Effective’ for MY 2024 Heavy Trucks Research from the staff of the California Air Resources Board concludes that the regulatory agency’s call for significant reductions in nitrogen oxide emissions are “technically achievable and cost-effective” for model year 2024 heavy trucks. Read more...
29 Apr Farmer Income Drops Most Since First Quarter of 2016 Personal income for farmers fell by the most in three years in the first quarter, as losses to U.S. agriculture mount from President Donald Trump’s trade wars. Read more...
29 Apr Tesla’s Key Inventory Figure Tops $2 Billion for First Time The value of Tesla Inc.’s finished goods inventory, which includes vehicles available for sale, exceeded $2 billion for the first time as the Model 3 sedan began overseas deliveries. Read more...