MONDOVI, WI – Marten Transport, Ltd. (Nasdaq/GS:MRTN) released its financial results for the third quarter ending September 30, 2023. The company reported a net income of $13.6 million, equivalent to 17 cents per diluted share, a noticeable decline from the third quarter of 2022, where net income stood at $25.6 million, or 32 cents per…
Convoy, an early pioneer in the “Uber for Freight” sector, have fallen victim to the downturn in the freight industry and inability to find a potential buyer. The company abruptly announced closure of it core digital freight brokerage business leaving the shippers, carriers, and employees in a shock. Founded in Seattle in 2015, Convoy initially…
College Station, Texas – Amazon Pharmacy is revolutionizing medication delivery by launching a new service that enables customers in College Station, Texas to receive their prescription medications within 60 minutes via Amazon’s drone delivery service at no extra cost. Eligible Amazon Pharmacy customers can choose “free drone delivery in less than 60 minutes” at checkout,…
TORONTO – Unifor, Canada’s largest private sector union, is poised to kick off negotiations with Stellantis on October 18, 2023, and has established a strike deadline of October 29 at 11:59 p.m. The upcoming talks with Stellantis represent the final round in a series of negotiations with Detroit automakers, with a particular focus on securing…
LOWELL, Ark. – J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) released its financial results for the third quarter of 2023 on October 17, revealing that the company’s earnings fell short of estimates. The transportation giant reported a decline in both revenues and earnings per share, reflecting ongoing challenges in the industry. In the third quarter…
