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Landstar System reports results for 3Q 2023

JACKSONVILLE, Fla. Landstar System Inc. has announced that its basic and diluted earnings per share (EPS) totaled $1.71 on revenue of $1.289 billion ....

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ACU-Serve Receives Growth Investment From Lovell Minnick Partners

ACU-Serve Receives Growth Investment From Lovell Minnick Partners
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Union Pacific's quarterly profit drops 19% on lower volumes

"We faced many challenges in the quarter, including continued inflationary pressures and a drop in carloads," said Chief Executive Officer Jim Vena. Elevated inflation and higher borrowing costs have reduced consumer demand for goods, driving down freight volumes hauled by rail, while labor costs for the company jumped on increased hiring after the railroad industry faced criticism for inadequate services. Its operating ratio, a key metric that indicates operating expenses as a percentage of revenue, rose to 63.4% in the third quarter from 59.9% reported a year ago. ....

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ACU-Serve Receives Growth Investment From Lovell Minnick Partners

ACU-Serve Receives Growth Investment From Lovell Minnick Partners
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