05 Feb Oil Extends Weekly Gain; Brent Pushes Toward $60 a Barrel Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve. Read more...
05 Feb Prime Inc. Donates More Than $200,000 From Canceled Events to Charities Prime Inc. donated a large portion of funds from its canceled 2020 company events to several charities. Read more...
05 Feb Universal Logistics Reports $16.2 Million Profit for Q4 2020 Universal Logistics Holdings Inc. on Feb, 4 reported its highest fourth-quarter earnings on record. The asset-light transportation and logistics company posted net income of $16.2 million, or 60 cents per diluted share, Read more...
05 Feb US Senate Committee Embraces Climate Change Policy, Sen. Carper Says Sen. Tom Carper (D-Del.), chairman of the Environment and Public Works Committee, says that of all the crises facing the nation, none is greater than climate change. Read more...
05 Feb Biden Signals Ditching GOP in Push for $1.9 Trillion Aid President Joe Biden gave his strongest indication yet that he will push for his $1.9 trillion COVID-19 relief plan without Republican support, saying that a weak jobs report shows the risk of doing “too little.” Read more...
05 Feb Amazon Bid to Delay Union Vote Rejected The National Labor Relations Board has rejected Amazon .com Inc.’s request to delay a unionization vote at the company’s Bessemer, Ala., warehouse, clearing the way for the closely watched election to begin next week Read more...
05 Feb Arizona DOT’s I-15 Bridge Replacement Project Aims to Help Commerce Flow In an effort to facilitate the flow of commerce, the Arizona Department of Transportation is starting work to replace a bridge that carries Interstate 15. Read more...
05 Feb Fuel-Cell Truck Startup Hyzon Agrees to Merge With Decarbonization Plus SPAC Hyzon Motors Inc., a fuel cell truck startup, has agreed to go public via a merger with Decarbonization Plus Acquisition Corp., according to people with knowledge of the matter. Read more...
05 Feb USA Truck Reports $5.9M Earnings for Q4 USA Truck Inc. posted record fourth-quarter earnings as the company rebounded from a year-ago loss to a profit in the three-month period ending Dec. 31. Read more...
05 Feb YRC Becomes Yellow, Announces Q4 Earnings and Continues Rebuilding Its Fleet The recently rebranded Yellow Corp. — formerly YRC Worldwide — narrowed annual losses by nearly half even as fourth-quarter losses widened, and said it is bolstering operations through property divestitures and investments in new equipment. Read more...