Freight trains are carrying a shrinking amount of cargo as railroads feel the effects of trade tensions, a cooling global economy and changes to their own systems that are driving customers elsewhere. The number of U.S. railroad carloads shipped fell 2.9% in the first half of the year, according to the Association of American Railroads. The slowdown was widespread among industries, with 16 of 20 categories of shipments including food, lumber, auto parts and metals, posting...
Risk Strategies, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced it has acquired Winter Group Inc., a specialty insurance program manager with a focus on the trucking industry.
Aviation Week Networks SpeedNews Conferences announced today the 20th Annual Commercial Aviation Industry Suppliers Conference - Europe will take place in Toulouse, France, September 16-18, 2019 at the Hôtel Palladia.
American Airlines Group Inc (AAL) on Wednesday raised its second-quarter forecast for unit revenue, a closely watched performance measure for carriers, as the grounding of Boeing Co's (BA) 737 MAX jets reduced its overall fleet size.
RoadSync, a digital payment platform for the logistics industry, announces today that it has reached the $100 million milestone in payments processed since its platform launch in 2017. RoadSync allows warehouses, freight handlers, trucking companies, heavy truck repair and maintenance shops and others to digitally invoice and accept payments quickly, conveniently and securely.
Rapid growth in global air travel is prompting airlines and airport operators to shake up a decades-old system for allocating takeoff and landing slots at some of the world's busiest airfields. Global airline traffic is set to double over the next 15 years, according to the trade group International Air Transport Association. That will pose a huge challenge to an industry already struggling to funnel passengers through more than 200 airports world-wide that are operating at...
Ford Motor Co.' s U.S. sales slid 2.9% in the first six months of 2019, making it the latest car company this week to report weaker first-half sales as U.S. demand for new vehicles cools after a historically strong run. The No. 2 U.S. auto maker also said Wednesday second-quarter sales were down 4.1% over the prior-year period, as declines in its passenger-car and sport-utility business offset continued strength in the truck market. Ford is leaning heavily on its U.S. operations to...
Mercury Systems, Inc. (MRCY) announced today the availability of miniaturization packaging services that complement the U.S. Governments global positioning system modernization efforts, advancing the development of smaller, more agile missiles and guided munitions to support mission success.
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