03 Aug Former Roadrunner Executive Convicted in Financial Case A federal jury has convicted the former chief financial officer of Roadrunner Transportation Systems Inc. on four counts of violating federal securities laws for his role in a complex securities and accounting fraud. Read more...
03 Aug Isaac Instruments Selects Mike Stapleton for VP Position Isaac Instruments announced July 26 that Mike Stapleton has been appointed to serve as vice president of industry relations. Read more...
03 Aug Maersk Ratchets Up Profit Guidance After Freight Rates Soar A.P. Moller-Maersk A/S, the world’s largest container line, raised its guidance for profit this year after freight rates soared as lockdowns led to a surge in spending on shipped goods. Read more...
03 Aug Stellantis Pumps Up Profitability Forecast in Earnings Debut Stellantis NV raised its full-year profitability outlook substantially as strong demand and pricing carried the carmaker to much better-than-expected results for the first half. Read more...
03 Aug DHL to Add Electric Planes to Fleet The race toward zero-emission logistics chains is expanding from the road to the skies. Read more...
03 Aug Amazon Union Election Should Be Re-Run, US Labor Official Says A federal official has recommended overturning the results of a union election at an Amazon.com Inc. warehouse in Alabama, giving the retail union an opportunity to reverse its defeat, according to people familiar with the matter. Read more...
02 Aug Diesel Rises 2.5¢ to $3.367 a Gallon The national average price for a gallon of diesel climbed 2.5 cents to $3.367, according to Energy Information Administration data released Aug. 2. Read more...
02 Aug ZF Taps Wilhelm Rehm to Lead Forthcoming CV Unit ZF Friedrichshafen AG announced it appointed Wilhelm Rehm to head its forthcoming new commercial vehicle solutions division as it pursues what the company called its ambitious commercial vehicle growth strategy worldwide. Read more...
02 Aug Dana Posts Solid Financials in Second Quarter Dana Inc. reported large gains in second-quarter net income and revenue as strong customer demand for its products continued. Read more...
02 Aug ArcBest Posts Record Revenue, Profits ArcBest Corp. capitalized on tight capacity in the freight market to post large second-quarter gains in profit and revenue. Read more...