(For a review of some of the data in RXO’s earnings, please go here.)
With another quarter of operating and net losses in the book, RXO management on its first-quarter earnings call pursued several paths to accentuate the positive.
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ANAHEIM, Calif. – Kansas-based Kalmar Ottawa announced last week the Kalmar Ottawa AutoTT, an autonomous terminal tractor designed to operate in distribution centers, container terminals and industrial yards. The AutoTT is undergoing a second round of testing at distribution centers across North America with plans to expand into container terminals and other industrial locations globally following successful tests. Full production of the AutoTT is anticipated by late 2026.
The partnership...
https://www.freightwaves.com/news/kalmar-and-forterra-announce-autonomous-terminal-tractor
As businesses grow and expand, one of the many critical responsibilities of CFOs is managing capital expenditures (Capex) and operational expenditures (OpEx) efficiently. Real estate, warehousing and logistics are significant areas of concern for CFOs, as they represent a substantial portion of a company’s ongoing expenses.
With shifting market dynamics and e-commerce demand on the rise, it’s crucial for CFOs to explore alternatives that minimize these costs while maintaining operational...
https://www.freightwaves.com/news/how-cfos-can-cut-costs-through-innovative-logistics-solutions
As geopolitical tensions rise and tariffs continue to fluctuate, one might expect a slowdown in international trade, especially in discretionary consumer goods. Despite these pressures, cross-border e-commerce is booming, signaling a profound shift in the way consumers shop and brands sell across the globe.
According to Statista, global cross-border e-commerce sales are expected to reach $7.9 trillion by 2030, up from just over $785 Billion in 2021. That represents a significant portion of all...
https://www.freightwaves.com/news/why-cross-border-trade-will-boom-even-with-tariffs
A Detroit-based grocery-hauling company with over 300 trucks has filed for bankruptcy alongside several partner companies.
SFD Transportation filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Texas on Monday. The filing was in Texas because a bankruptcy case concerning an affiliate of the debtor was already pending there.
According to the filing obtained by FreightWaves, SFD estimated it has between 5,001 and 10,000 creditors, with liabilities totaling...
https://www.freightwaves.com/news/detroit-carrier-joins-distributor-in-large-scale-bankruptcy
The model railroad industry, along with other hobby sectors, faces an existential crisis as Trump administration tariffs of up to 145% on Chinese imports dramatically increase costs for manufacturers, retailers and consumers. In response, the Hobby Industry Coalition launched a national campaign Monday seeking targeted tariff relief to protect American small businesses and the creative industries they support.
The coalition, which represents a broad spectrum of the U.S. toy and hobby industry,...
https://www.freightwaves.com/news/tariffs-threaten-model-railroading-as-industry-group-seeks-relief
Because of both the pressing challenges driving adoption and the promising solutions emerging through innovation, autonomous technology is changing the business landscape in striking ways.
A recent panel discussion hosted by Samsara brought together leading experts in autonomous technology to explore how automation is transforming physical operations across industries.
“At Samsara, we work with the world of physical operations, from construction to logistics to food and beverage distribution,...
https://www.freightwaves.com/news/the-future-of-autonomy-in-physical-operations
FreightCar America said net income totaled $50.4 million in the first quarter while revenue of $96.3 million fell 40.2% from the year-ago period.
The Chicago-based railcar builder (NASDAQ: RAIL) delivered 710 units in the quarter ended March 31, down from 1,223 units in the previous-year quarter.
Adjusted net income was $1.6 million, or 5 cents per share, primarily reflecting a $52.9 million noncash adjustment due to a change in warrant liability.
Adjusted earnings before interest, taxes,...
https://www.freightwaves.com/news/freightcar-america-q1-net-better-than-half-of-revenue
Omnitracs has filed a motion for a retrial after a federal jury found competitor Motive not guilty of copyright infringement.
The fleet tech provider sued Motive in October 2023 alleging it violated several patents related to fleet management systems and technologies. After a nearly two-year legal fight, the jury delivered a unanimous verdict finding Motive not guilty of these charges on April 25.
On Thursday, Omnitracs filed a 33-page motion in the U.S. District Court for the Northern District...
https://www.freightwaves.com/news/omnitracs-files-motion-for-retrial-over-motive-copyright-case
This article first appeared in AirlineGeeks.
Sun Country Airlines (NASDAQ: SNCY) plans to retire one of its Boeing 737-800 aircraft in an effort to save money on parts amid an industrywide supply chain crisis.
During a Q1 2025 earnings call on Friday, CEO Jude Bricker said the decision to retire one of its 737-800s is in response to “tightness” the carrier was experiencing in the components market.
Additionally, the ultra-low-cost airline has decided to delay flying its first Boeing 737-900...
https://www.freightwaves.com/news/sun-country-retires-jet-delays-737-900-service