billion in second-quarter net income, a 52% increase over a year ago.
Category: News
FedEx Pilots Reject Proposed Multiyear Contract
Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.
Hefty Jump of 9.9¢ Pushes Diesel Price to $3.905 a Gallon
After a week of no fluctuation, diesel prices shot up a national average of 9.9 cents to hit $3.905 a gallon, according to Energy Information Administration data released July 24.
Truckers Largely Oppose Side Underride Guard Proposed Rule
American Trucking Associations is among several industry stakeholders objecting to an NHTSA proposal that would require side underride guards on heavy trucks.
Rural States, Groups Tell EPA of Emissions Proposal Concerns
Stakeholders are expressing concerns about the costs associated with a proposal aimed at expanding use of electric vehicles and curtailing the prevalence of internal combustion engines.
Leasing Offers Pathway for Fleets Interested in EVs
Fleets that want to test the waters with electric vehicles or other technology don’t have to do it themselves or even use their own trucks. Leasing companies are providing that opportunity.
GSC Logistics Acquires Transloading Firm MacMillan-Piper
Third-party logistics provider GSC Logistics Inc. has expanded service capabilities by acquiring transloading company MacMillan-Piper, the company announced July 24.
Odds of a Recession Are Receding, Economists Say
A strong majority of business economists now say odds of the U.S. entering a recession in the next 12 months are 50% or less, according to a National Association for Business Economics survey.
Crossword Puzzle Solution for July 24, 2023
Here’s the solution to the crossword puzzle found in the July 24, 2023 print edition.
Companies That Ship With UPS Develop Contingencies
Some large retailers and other companies across the country are warning customers of potential delivery delays if there is a UPS strike.