Tag: Trucking News

C.H. Robinson Reports 2021 Fourth Quarter Results

EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–#CHRobinson–C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) today reported financial results for the quarter ended December 31, 2021. Fourth Quarter Key Metrics: Total revenues increased 42.9% to $6.5 billion Gross profits increased 33.7% to $850.7 million Adjusted gross profits(1) increased 33.7% to $856.3 million Income from operations increased 39.0% to $287.4 […]

HyreCar Announces Business Updates

A.J. Lee Appointed SVP of Growth and Megan Behrens, SVP of Product & Operations, Expands Role as Company Prepares for Rapid Scale in 2022 LOS ANGELES–(BUSINESS WIRE)–HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, food, and package delivery services, today provided an update to shareholders from CEO Joe Furnari. A.J. Lee has been appointed […]

Old Dominion Freight Line Reports Fourth Quarter 2021 Earnings Per Diluted Share of $2.41

Quarterly Cash Dividend to Increase 50.0% to $0.30 Per Share THOMASVILLE, N.C.–(BUSINESS WIRE)–$ODFL–Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and twelve-month periods ended December 31, 2021.   Three Months Ended       Twelve Months Ended       December 31,       December 31,     […]

Howmet Aerospace Reports Fourth Quarter 2021 and Full Year 2021 Results

Improved Margins, Strong Cash Generation, ~$845 Million Debt Reduction, $430 Million Share Repurchases PITTSBURGH–(BUSINESS WIRE)–Howmet Aerospace (NYSE:HWM): Fourth Quarter 2021 Highlights Revenue of $1.3 billion, up 4% year over year Income from continuing operations of $77 million, or $0.18 per share, versus income from continuing operations of $106 million, or $0.24 per share, in the […]

Iron Mountain Announces Electric Vehicle Milestones on its Path to Net Zero

Commits to the Climate Group EV100 initiative BOSTON–(BUSINESS WIRE)–Iron Mountain (NYSE: IRM), the global leader in innovative storage and information management services, has joined the Climate Group’s EV100 initiative and reached key milestones in electrifying its global vehicle fleet, continuing its journey to reach its Climate Pledge commitment to achieve Net Zero Carbon emissions by […]

Faraday Future Intelligent Electric Inc. Announces Completion of Special Committee Investigation

Company Appoints Susan Swenson Executive Chairperson to Provide Oversight of the Senior Executive Leadership Team Internal Controls Strengthened as Board of Directors Implements Special Committee Actions LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (“Faraday Future” or the “Company”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced that the special committee […]

Business Combination of SES and Ivanhoe Capital Acquisition Corp. Approved by Ivanhoe Shareholders

IVAN shareholders have approved the business combination at the Extraordinary General Meeting held on February 1, 2022. Transaction is anticipated to close on February 3, 2022 and is expected to result in more than $480 million of cash (less fees and expenses) on the balance sheet of the combined company Transaction is anchored by a […]