Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.
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Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
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April 29, 2024 Sponsored ContentAI Revolutionizes 3PL: Saves Time, Gains Margin
The shipping and supply chain industry, a linchpin of global commerce, has long wrestled with outdated and error-prone data handling processes. Traditionally, businesses have relied on tedious manual processes, accepting them as a necessary cost of operations. The boom of AI has opened the door to innovate workflows that are custom-tailored fixes.
April 29, 2024 Sponsored ContentTruck Body Repair Collaborations Help Streamline Planning
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April 23, 2024Baltimore Port to Open Deeper Channel
Officials plan to open a deeper channel for commercial ships to access the Port of Baltimore starting April 25, marking a significant step toward reopening the major maritime shipping hub.
April 23, 2024Tesla to Cut More Than 6,000 Jobs in Texas, California
Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of CEO Elon Musk’s demand to slash more than 10% of the global workforce.
April 23, 2024Tonnage Numbers Hit 13th Month of Declines
Truck tonnage reached 13 consecutive months of year-over-year declines after a slight decrease in March, American Trucking Associations reported April 23.
April 24, 2024ATRI Study Touts Renewable Diesel’s Benefits
There are operational and environmental gains to be realized for fleets that favor renewable diesel fuel over battery-electric vehicles, according to a new ATRI study.
April 23, 2024General Motors Reports Strong Q1 Profits
DETROIT — Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
April 23, 2024PepsiCo Beats Q1 Revenue Forecasts
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.
April 23, 2024