CPKC sees profits and revenue jump on stronger volumes
Canadian Pacific Kansas City profits and revenue grew in the second quarter as the railway carried more intermodal, grain, and coal shipments.Chief Executive Ke...
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Don’t look to last year; Werner cites improved numbers sequentially in its earnings
Given that everyone knew year-on-year comparisons of trucking company financial results between 2025’s second quarter and the corresponding three months of 20...
First look: Norfolk Southern earnings
Norfolk Southern (NYSE: NSC) reported strong Q2 2025 results, with revenue reaching $3.1 billion and diluted EPS increasing 5% year-over-year to $3.41. The comp...
Investment firm to pair carrier Koleaseco with Hyway Trucking
Investment firm OneCompass Holdings announced it has entered into an agreement to acquire dryvan and temperature-controlled carrier Koleaseco, Inc.Financial ter...
CSX profits fall on lower revenue, higher costs
CSX’s second-quarter profits slumped as unfavorable changes in traffic mix drove a revenue decline and costs rose amid congestion and detours related to a pai...
Zara founder buys into UK ports
The Financial Times is reporting Spanish billionaire Amancio Ortega, founder of the Zara fashion empire, has made his first move into maritime infrastructure, a...
First look: CN Q2 earnings
CN (NYSE: CNI) reported operating income of $1.21 billion for the second quarter ended June 30, up 5% from the previous quarter, while adjusted operating income...
FedEx to celebrate Fred Smith’s life at Memphis event
FedEx will hold a public memorial on Aug. 11 at the FedExForum in Memphis, Tennessee, to honor founder Fred Smith, who passed away on June 21. Smith built the c...
KEZAD and Witthal Gulf Industries sign deal to launch recycling plant
Khalifa Economic Zones Abu Dhabi Group has signed a 50-year land lease agreement with Witthal Gulf Industries for the establishment of the country’s first lit...
FedEx navigates tariff swings to modest profit gain
FedEx credited its Drive cost-cutting initiative and higher export volumes at the Express division with generating better-than-expected quarterly results during...
DP World to invest $2.5 Billion in 2025 to strengthen global logistics network
DP World has announced a major investment of $2.5 billion in 2025 to expand its global logistics infrastructure, with new projects spanning India, Africa, South...
PIL reports record profit of US$1.34 Billion for FY2024 amid strong market performance
Pacific International Lines (PIL) delivered a robust financial performance in FY2024, posting a net profit after tax of US$1.342 billion, a significant increase...