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Freight Market Center

Tue, Aug 11th, 2020
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Transportation News

Norfolk Southern signs Operation Clean Sweep Pledge to eliminate plastic pollution

NORFOLK, Va. , Aug. 11, 2020 /PRNewswire/ -- As the global plastics industry continues to grow, producers are looking for ways to minimize their impact on the environment. To help guide this effort,...

NSC : 204.50 (+2.77%)
GM Names John Stapleton Acting CFO

DETROIT , Aug. 11, 2020 /PRNewswire/ -- General Motors today announced John Stapleton , GM North America chief financial officer, has been named acting global chief financial officer, effective...

GM : 28.62 (+2.29%)
Heat wave to scorch Southwest freight markets (with forecast video)

Temperatures of 110 to nearly 120 degrees likely for several days.

Nissan Moves to Oracle Cloud Infrastructure for High-Performance Computing

REDWOOD SHORES, Calif., Aug. 11, 2020 /PRNewswire/ -- Oracle announced today that Nissan Motor Co., Ltd is migrating its on-premises, high-performance computing (HPC) workloads to Oracle Cloud...

ORCL : 54.94 (unch)
Introducing Motional: The Hyundai Motor Group and Aptiv Autonomous Driving Joint Venture Unveils New Identity

APTV : 87.10 (+0.76%)
S. Korea's KT to Develop In-Flight VR Service

SEOUL, South Korea , Aug. 11, 2020 /PRNewswire/ -- KT Corp. (KRX: 030200; NYSE: KT), South Korea's largest telecommunications company, will develop virtual reality (VR) entertainment service...

KT : 10.31 (+1.38%)
Specialty Chemicals Company China XD Plastics Schedules Second Quarter 2020 Earnings Release for Friday, August 14th, 2020

HARBIN, China , Aug. 11, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC, "China XD Plastics" or the "Company"), one of China's leading specialty chemical producers engaged...

CXDC : 1.1700 (-0.02%)
Report: Climate change, air quality concerns drive clean truck adoption

Historically trucking fleets have invested in alternative fuel vehicles as a way to reduce the total cost of ownership, but environmental factors are now driving investment in zero- or near-zero-emission...

VOXX International Corporation Announces Subsidiary Name Change

ORLANDO, Fla. , Aug. 11, 2020 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive, consumer and biometrics technologies, announced...

VOXX : 6.90 (+2.53%)
Navistar Announces Senior Leadership Appointments

LISLE, Ill. , Aug. 11, 2020 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced a series of executive appointments under the leadership of President and Chief Executive...

NAV : 33.08 (-2.01%)
Safety most at risk at beginning, end of drivers’ shifts

Fatigue may not play as much of a role in risky driving behaviors, but how long a commercial driver has been driving does, according to new research.

Air Canada Unveils Details of Transformed Aeroplan Program, Offering More Value and New Benefits

MONTREAL , Aug. 11, 2020 /PRNewswire/ - Air Canada today revealed the details of its transformed Aeroplan loyalty program, outlining the program attributes and credit card benefits members can enjoy...

AC.TO : 16.23 (+3.18%)
ACDVF : 12.1100 (+3.06%)
Asian shares extend rally; S&P 500 within 1% of record

Shares advanced in Asia on Tuesday, extending another rally that took the S&P 500 to within striking distance of its all-time high set in February.

MGM : 22.77 (+5.17%)
The Latest: Confirmed coronavirus cases reach 20 million

PROVIDENCE, R.I. — The confirmed number of coronavirus cases in the world has reached 20 million. That’s according to the tally kept by Johns Hopkins University.

TSN : 65.24 (+1.05%)
Mesa Airlines envisions operating 10 DHL cargo jets by 2022

Mesa Airlines flies small regional jets on small routes for mainline carriers. Now it’s stepping up a size to the Boeing 737 so it can haul cargo for DHL. Find out how they are getting ready for the...

Covenant’s restructuring leads to sharp but better-than-projected decline

Total charges were more than $30 million as part of strategic shift

Air traffic is down, gun seizures up at US airports

DALLAS (AP) — With air traffic nearing a five-month high, airport security is finding guns in passenger carry-on bags at three times the rate recorded before the pandemic.

Sale of Covenant factoring business to Triumph hits a snag

Sale of TFS hits a dispute over status of more than half the assets in the deal

Workhorse losses grow as stock surges, production ramps up

Workhorse Group lost a lot of money on paper because new borrowing was tied to its exploding stock price. But it has the cash on hand to build electric trucks into 2022.

Mr. Bezos goes to the mall (maybe)

Amazon, Simon Property Group would make e-tailer anchor tenant at many malls

AMZN : 3,130.00 (-0.58%)
SPG : 66.95 (+2.26%)
CBRE : 45.37 (+3.07%)
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