31 Jul One Year Out: Nevada’s I-11 Facilitates Through Traffic, Boosts Local Business One year after its completion, Nevada’s Interstate 11 has become a popular bypass for freight haulers and motorists alike. Read more...
31 Jul Tariffs or No Tariffs, US Corn May Be Too Expensive for China With or without retaliatory tariffs, Chinese companies probably will show little interest in buying U.S. corn because the jump in Chicago benchmark futures since May has wiped out the price advantage over domestic supplies, according to Yigu Info Consulting Ltd. Read more...
31 Jul C.H. Robinson’s Net Income Up 6.3% in 2Q C.H. Robinson Worldwide reported net income for the quarter ended June 30 came in at $169.2 million, up 6.3% from $159 million in the second quarter a year ago. Read more...
31 Jul Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com. Read more...
31 Jul Fiat Chrysler Surges From North American Sales of Ram, Jeep Models Fiat Chrysler Automobiles NV jumped the most in two months after soaring sales of its Ram pickup truck delivered higher profits in North America and offset weakness in Europe. Read more...
31 Jul Employment Costs Rise Less Than Expected in Second Quarter Employment costs rose less than estimated in the second quarter as worker pay raises held steady while benefit gains decelerated, suggesting inflation pressures remain muted. Read more...
31 Jul Oil Trades Near Two-Week High on Tighter Supply, Mideast Risks Oil traded near a two-week high in New York amid signs of a further drop in U.S. stockpiles and ongoing concerns that political friction in the Persian Gulf could disrupt exports. Read more...
31 Jul Regulatory, Legal Guidance Could Soon Provide Clarity on the Transport of Hemp Potential solutions to some of the vexing problems that truckers and law enforcement are facing regarding the transportation of legal hemp across state lines could be coming soon. Read more...
30 Jul Senate Panel Advances 5-Year Transportation Bill A five-year, $287 billion highway policy measure was advanced by a Senate panel July 30, setting in motion Congress’ journey to update the country’s surface transportation programs. Read more...
30 Jul Hub Group Reports Record Earnings Per Share for 2Q Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release. Read more...