In second quarter, truck shipments fall 9% nationwide as volume drops 27% in Northeast region MINNEAPOLIS–(BUSINESS WIRE)–Truck freight volume and spending in the second quarter of 2023 declined by the highest levels since the early days of the pandemic, the latest U.S. Bank Freight Payment Index revealed. Spending by shippers dropped 10.9% compared to the […]
eModal PreGate and Fee Manager applications power new gate appointment system and automated fee payment capabilities for leading Florida container terminal SOMERSET, N.J.–(BUSINESS WIRE)–Advent eModal (AeM), the world’s largest port community system serving the intermodal supply chain, announced today that Port Everglades Terminal (PET), a 40-acre terminal in the Southport area of Port Everglades in […]
A leader in the quest for emissions-free aviation, MTU will leverage Gamma Technologies’ GT-SUITE for its novel Water-Enhanced Turbofan WESTMONT, Ill.–(BUSINESS WIRE)–Gamma Technologies (GT), a global leader and innovator in multi-physics system simulation software, is pleased to welcome MTU Aero Engines (MTU), a leader in the quest for emissions-free aviation, as one of its latest […]
BETHESDA, Md.–(BUSINESS WIRE)–Enviva Inc. (NYSE: EVA) (“Enviva,” the “Company,” “we,” “us,” or “our”) today released financial and operating results for second-quarter 2023 and provided a progress update on cost-reduction and productivity improvement initiatives across its operations. Financial Update: Reported a net loss of $55.8 million for second-quarter 2023, as compared to a net loss of […]
DAVIDSON, N.C.–(BUSINESS WIRE)–Curtiss-Wright Corporation (NYSE: CW) reports financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights: Reported sales of $704 million, up 16%; Reported operating income of $113 million, operating margin of 16.0%, and diluted earnings per share (EPS) of $2.10; Adjusted operating income of $115 million, up 18%; Adjusted […]
PITTSBURGH–(BUSINESS WIRE)–Aurora Innovation, Inc. (NASDAQ: AUR) today announced its second quarter 2023 results. Aurora’s shareholder letter, including its financial results, are available on its investor relations website at ir.aurora.tech. “The second quarter was marked by outstanding progress as we’ve continued to advance toward our Aurora Driver Ready milestone,” said Chris Urmson, Co-Founder and Chief Executive […]
Challenging market conditions in intermodal and truckload brokerage Positive momentum for less-than-truckload services Precision execution of revenue growth strategies designed to win market share GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and six months ended June 30, 2023 as presented in the tables […]