28 Jul UPS Freight Purchase Powers TFI to Q2 Gains TFI International reported large gains in second-quarter net income and revenue, helped by its acquisition of the UPS Freight operation. Read more...
28 Jul US Senate Transportation Policymakers Press for Pipeline Security The leaders of the U.S. Senate’s freight committee called on the Biden administration, congressional colleagues and private industry stakeholders to enhance security operations following the cyberattack on Colonial Pipeline. Read more...
28 Jul ATA, Freight Stakeholders Push Back on US Senate’s PRO Act Freight stakeholders are voicing opposition to a bill currently being debated in the U.S. Senate that aims to make changes to federal classification for workers. Read more...
28 Jul Federal Prosecutors Seek to Dismiss Charges Against Pilot Flying J Executives Federal prosecutors have asked a federal judge to dismiss criminal charges against former Pilot Flying J President Mark Hazelwood and two other former company executives, all of whom were scheduled to be retried early next year on charges related to a massive diesel fuel rebate scheme. Read more...
28 Jul How Drones Help Workers Inspect Wind Turbines Nearthlab’s drones use artificial intelligence and laser technologies to help pinpoint potential damage and reduce the chance of accidents during human inspections of wind turbines. Read more...
28 Jul Indiana ‘Trooper in a Truck’ Day Nabs Texting, Speeding Drivers Who would have suspected that four tractor-trailers rolling down Indiana interstates earlier this month had a state trooper in the passenger’s seat? Read more...
28 Jul US Moves to Better Protect Infrastructure From Cyberthreats WASHINGTON — The Biden administration is eyeing ways to harden cybersecurity defenses for critical infrastructure, announcing July 28 the development of performance goals and a voluntary public-private partnership to protect core sectors. Read more...
28 Jul Boeing Climbs on First Profit Since 2019 as COVID, Max Woes Ease Boeing Co. earned a profit for the first time in nearly two years, surprising Wall Street and hinting at a potential turnaround after one of the worst financial crises in the planemaker’s centurylong history. The shares jumped. Read more...
28 Jul Shopify Profit Is More Than Double Forecast, Extending Streak Shopify Inc. beat expectations in the second quarter, with adjusted profit per share more than double what analysts had forecast, and said operating earnings for 2021 should exceed last year’s. Read more...
27 Jul Senate GOP Moves Forward on $1T Infrastructure Bill WASHINGTON — President Joe Biden and a bipartisan group of senators reached agreement July 28 on a $1 trillion infrastructure package, with the Senate ready to begin consideration of a key part of the administration's agenda. Read more...