Some firms are vehemently opposed to new environmental restrictions. Others figure out ways to profit from them. Consider the IMO 2020 standard, which reduced the sulfur content of shipping emissions. Many shipowners have turned this historic worldwide emissions regime into a significant competitive advantage. Since the regulation's implementation date of...
Trucking lenders are ‘cautiously optimistic’ that the market will not worsen in 2022
Triumph Bancorp, based in Dallas, stated in its second-quarter earnings report that the bank — a top provider of money to the trucking sector through factoring — saw "a lengthy runway of development on the horizon," despite certain difficulties in the near term. "While there is definitely softening on dry...
FedEx Ground will make Sunday deliveries in select markets.
FedEx Corp.'s (NYSE: FDX) ground-delivery unit announced late Thursday that it will suspend Sunday residential deliveries in certain "lower-population" markets beginning the week of Aug. 15, a response to concerns raised by many of the company's independent delivery contractors that the service is a money-loser for the company and is...