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CSX Profit Drops 10% Despite 3% More Q1 Freight

CSX’s first-quarter profit slipped 10% even though the railroad delivered 3% more goods, as the mix of shipments it handled shifted toward less profitable items.

Josh Funk | Associated Press
April 17, 2024

Volvo Group Price Increases Aid Q1 Profits

Profits at truck maker Volvo Group in the first quarter of 2024 received a boost from price increases, even as orders and deliveries declined as expected.

Keiron Greenhalgh | Staff Reporter
April 17, 2024

Dali Owner Asks Cargo Owners to Help Cover Salvage Expenses

BALTIMORE — The owner of the massive containership that caused the deadly collapse of a bridge in March wants owners of the cargo on board to cover some of the salvage costs.

April 17, 2024

Virginia Touts Robust Economic Growth in Richmond Region

Virginia state and Henrico County officials touted a series of grand openings, including an Amazon robotics fulfillment center and a Coca-Cola Consolidated distribution facility.

Noël Fletcher | Staff Reporter
April 17, 2024

House GOP to Prioritize Infrastructure in Funding Bills

The transportation funding subcommittee in the U.S. House will promote connectivity projects while focusing on taxpayers, its new leadership said this month.

Eugene Mulero | Senior Reporter
April 17, 2024

House Transportation Committee Reviews AI Applications

WASHINGTON — The House transportation panel recently received an overview from stakeholders about artificial intelligence’s role within connectivity corridors.

Eugene Mulero | Senior Reporter
April 17, 2024

Five Auto Haulers to Merge as Backer Files for IPO

Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.

Keiron Greenhalgh | Staff Reporter
April 17, 2024

US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly

President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela if Nicolas Maduro’s regime does not take steps to honor an agreement to allow a fairer vote in elections.

April 17, 2024

The Safer Route Forward

Program Airs: May 23, 2 p.m. ET For modern transportation companies, commercial vehicle navigation is more than just a nice-to-have – it’s an essential tool for keeping your drivers safe. Join Trimble’s Dwayne Lazarre as he walks you through how truck-specific routing guides your fleet through the unexpected – from weather to work zones (and nearly everything in between).

May 23, 2024